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Healthcare Recruitment 2020: The Good, the Bad and the Future

Hospital Recruiting

Lessons will be learned as we examine the effect the COVID-19 pandemic brought to the industry and staffers in the coming years. Once the pandemic took hold, many facilities saw turnover spike as professionals opted for retirement or looked to assist in high-risk areas as traveling nurses or doctors. Challenges. Lack of talent.

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What Brokers Can Be Thankful For This Year

Extensis

According to market research firm Technavio , 56% of the HR outsourcing market’s expected growth between 2022 to 2026 is slated to come from North America. According to market research firm Technavio , 56% of the HR outsourcing market’s expected growth between 2022 to 2026 is slated to come from North America.

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Is Now the Time to Update Your Wellness Benefits?

Best Money Moves

According to Transamericas 5th Transamerica Prescience 2026 Report, around half (47%) of employers are expected to offer financial wellness programs by 2026. Additionally, retirement plan coverage for smaller businesses (under 100 employees) may reach parity with larger companies. This is especially true of financial stress.

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5 Ways to Address the Healthcare Industry’s Turnover Crisis

Fond

The healthcare job market is booming. In fact, the US unemployment rate decreased 0.2 percentage points to 3.5% in September 2019 , the lowest it’s been since December 1969. In 2018, the healthcare industry alone added 346,000 new jobs , outpacing every other sector for job growth. . Simultaneously, hospital turnover increased by 0.9%

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What Are Turnover And Retention Rates For The Caregiver Industry?

DailyPay

history enters retirement age and beyond, caregivers are more in demand than ever. Caregivers in home health, assisted living, retirement communities, skilled nursing facilities and rehab centers make up the industry the Bureau of Labor classifies as home health and personal care aides. As one of the largest generational groups in U.S.

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Financial Literacy Month: 4 Urgent Facts You Need to See

Best Money Moves

One in four workers has delayed saving for retirement due to inflation A lack of financial literacy may result in misinformed decisions that can have lasting effects on your workforce. According to research from TIAA, 25% of employees in a study decreased the amount they saved for retirement due to inflation.

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Why Investing in People Strategy Should Be a Top Priority at Your Home Health Care Agency

Hireology

trillion on home health care by 2026. These challenges include a record-low unemployment rate, baby boomers retiring rapidly, costly compliance hurdles and a general misconception of working in home health care. The home health care industry is growing quickly, with Americans are projected to spend $5.7