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Rx for Hiring
Healthcare Workers
January 20, 2016
Copyright © 2016 Deloitte Development LLC. All rights reserved.1 Rx for Hiring Healthcare Workers, January 2016
Symptoms
• High turnover, but paradoxically,
lower recruiting costs
Diagnosis
• Causes of high turnover in healthcare
Rx for Health
• Optimizing Talent Acquisition
Today’s Agenda and Presenters
Robin Erickson, PhD
Vice President, Talent Acquisition,
Engagement & Retention Research
Bersin by Deloitte / Deloitte Consulting LLP
rerickson@deloitte.com
@RAEricksonPhD
Join the conversation
on Twitter
#TAHealthcare
@RAEricksonPhD
@DrTomTonkin
@Bersin
@CornerstoneInc
Tom Tonkin, PhD
Principal, Advisory Services
Cornerstone OnDemand
ttonkin@csod.com
@DrTomTonkin
Copyright © 2016 Deloitte Development LLC. All rights reserved.2 Rx for Hiring Healthcare Workers, January 2016
Retention, Engagement, and Talent Acquisition are
urgent issues
2015 Global Human Capital Trends
% of Surveyed Organizations Rating Issue as Urgent or Important
Source: Predictions for 2015: Redesigning the Organization in a Rapidly Changing World, Bersin by Deloitte / Josh Bersin, January 2015
63
68
69
73
74
74
76
79
81
84
86
87
THE OVERW HELMED EMPLOYEE
SIMPLIFY W ORK
DIVERSITY & INCLUSION
FIX PERFORMANCE MANAGEMENT
INTEGRATE HR TECHNOLOGY
GLOBALIZE TALENT MANAGEMENT
TALENT & HR ANALYTICS
TALENT ACQUISITION
RESKILLING HR
REINVENT LEARNING & DEVELOPMENT
GAPS IN LEADERSHIP PIPELINE
RETENTION & ENGAGEMENT
Copyright © 2016 Deloitte Development LLC. All rights reserved.3 Rx for Hiring Healthcare Workers, January 2016
Our lives depend on healthcare workers
Yet, healthcare workers often face
burnout from:
• Constant emergencies
• Fear of error
• Long shifts
• Heavy workloads
• Unpredictable work
• Physical demands
• Understaffing
Source: “Burnout Syndrome,” M. Polikandrioti, Health Science Journal 3.4 (2009) pp. 195-196.
Copyright © 2016 Deloitte Development LLC. All rights reserved.4 Rx for Hiring Healthcare Workers, January 2016
Symptoms
Copyright © 2016 Deloitte Development LLC. All rights reserved.5 Rx for Hiring Healthcare Workers, January 2016
Research shows Healthcare spending on Talent
Acquisition increased in 2014
3%
12%
16%
7%
13%
0%
5%
10%
15%
20%
25%
30%
Banking /
Financial
Services
Business
Services /
Consulting
Healthcare Manufacturing Technology
Average
Overall
Increase in TA
Spending:
7%
Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte /
Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015
Year-over-Year Change in Talent Acquisition Spending by Industry,
2013–2014
Copyright © 2016 Deloitte Development LLC. All rights reserved.6 Rx for Hiring Healthcare Workers, January 2016
Cost per hire is typically lowest in Healthcare . . .
$4,323 $4,300
$3,033
$5,611
$4,325
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
$10,000
Banking /
Financial
Services
Business
Services /
Consulting
Healthcare Manufacturing Technology
Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte /
Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015
Average
Cost per
Hire:
$3,976
Cost per Hire by Industry, 2014
Copyright © 2016 Deloitte Development LLC. All rights reserved.7 Rx for Hiring Healthcare Workers, January 2016
But Healthcare tends to have the highest new-hire
turnover
14%
11%
17%
10%
11%
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
Banking /
Financial Services
Business Services
/ Consulting
Healthcare Manufacturing Technology
Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte /
Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015
Average
New Hire
Turnover:
14%
12-Month New-Hire Turnover by Industry, 2014
Copyright © 2016 Deloitte Development LLC. All rights reserved.8 Rx for Hiring Healthcare Workers, January 2016
Diagnosis
Copyright © 2016 Deloitte Development LLC. All rights reserved.9 Rx for Hiring Healthcare Workers, January 2016
Type of work affects turnover
RN Turnover Rates by Specialty
Pediatrics 13.5% Women’s Health 13.8%
Critical Care 16.8% Surgical Services 17.2%
Step Down 18.0% Telemetry 18.5%
Medicine/Surgery 20.7% Emergency 21.7%
Behavior Health 30.7%
Source: 2015 National Healthcare Retention & RN Staffing Report, B. Colosi, NSI Nursing Solutions, Inc., March 2015
Copyright © 2016 Deloitte Development LLC. All rights reserved.10 Rx for Hiring Healthcare Workers, January 2016
Other factors contribute to high turnover
 Helping others is often the primary motivation for healthcare providers
 ACA is helping to make healthcare more entrepreneurial
 Changes in technology can make care less personal & require constant training
 Not enough doctors to meet demand for care
 Retirement of aging healthcare professionals
Three questions every employee answers
everyday
• Do I want to stay?
• Do I need to stay?
• Should I stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
This addresses the positive
emotional connection that
the employee has to the
organization. For example,
working at here, whether the
people or the work itself,
makes them happy.
12
Do I want to Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
This addresses the positive
emotional connection that
the employee has to the
organization. For example,
working at here, whether the
people or the work itself,
makes them happy.
Where does it come from?
This feeling is induced from
positive work experiences at
your organization.
13
Do I want to Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
This addresses the positive
emotional connection that
the employee has to the
organization. For example,
working at here, whether the
people or the work itself,
makes them happy.
Where does it come from?
This feeling is induced from
positive work experiences at
your organization.
Proposed
Action/Curriculum:
• Testimonial videos
• Professional Development
Classes that coincides with
employee's career
aspirations.
• Reoccurring team
meetings at every level (i.e.
regional or national)
14
Do I want to Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
This is when an employee is
calculating the cost of
leaving the organization and
questions what they need to
do.
15
Do I need to Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
This is when an employee is
calculating the cost of
leaving the organization and
questions what they need to
do.
Where does it come from?
Leaving is more difficult
when the employee invests
more and more into the
company. How vested are
they in the company.
16
Do I need to Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
This is when an employee is
calculating the cost of
leaving the organization and
questions what they need to
do.
Where does it come from?
Leaving is more difficult
when the employee invests
more and more into the
company. How vested are
they in the company.
Proposed
Action/Curriculum:
• Exposure to all of the
organization through cross
line of business training.
• Have employee invest in
the organization and be
visible about it like filling
out their profile page.
• Special internal projects
that makes the company
better.
• Increasing employee
engagement
17
Do I need to Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
The feeling of obligation to
stay with an organization.
What the employee ought to
do.
18
Should I Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
The feeling of obligation to
stay with an organization.
What the employee ought to
do.
Where does it come from?
When employee is socialized
into the organization and the
company invests in the
employee.
19
Should I Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
What is this?
The feeling of obligation to
stay with an organization.
What the employee ought to
do.
Where does it come from?
When employee is socialized
into the organization and the
company invests in the
employee.
Proposed
Action/Curriculum:
• Early investments in the
employee, for example
during on-boarding
• Help employee build a
personal network
• Job satisfaction and career
advancement surveys
20
Should I Stay?
Most employees formulate their long-term organizational commitment in their first 30 days
Copyright © 2016 Deloitte Development LLC. All rights reserved.21 Rx for Hiring Healthcare Workers, January 2016
Rx for Health
Copyright © 2016 Deloitte Development LLC. All rights reserved.22 Rx for Hiring Healthcare Workers, January 2016
Optimizing TA matters in Healthcare
Having the right Healthcare employees who understand the work
and how to do it well can:
• Provide better care to patients
• Reduce burnout and mistakes
• Attract leading talent
• Adapt to changes
• Save both people and money
Copyright © 2016 Deloitte Development LLC. All rights reserved.23 Rx for Hiring Healthcare Workers, January 2016
Talent Acquisition Maturity Model
Reactive Tactical Recruiting
Level 1
Standardized Operational Recruiting
Level 2
Integrated Talent Acquisition
Level 3
Optimized Talent Acquisition
Level 4
BersinbyDeloitte
Source: High-Impact Talent Acquisition, Key Findings and Maturity Model, Bersin by Deloitte, 2014
13%
23%
29%
35%
Copyright © 2016 Deloitte Development LLC. All rights reserved.24 Rx for Hiring Healthcare Workers, January 2016
Level 4 organizations surveyed spend more per hire . . .
$3,258
$3,852
$5,088
$6,465
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
Level 1—Reactive
Tactical Recruiting
Level 2—
Standardized
Operational
Recruiting
Level 3—
Integrated Talent
Acquisition
Level 4—
Optimized Talent
Acquisition
Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte /
Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015
Average
Cost per
Hire:
$3,976
Cost per Hire by Maturity Level, 2014
Copyright © 2016 Deloitte Development LLC. All rights reserved.25 Rx for Hiring Healthcare Workers, January 2016
. . . but typically have lower new hire turnover . . .
17%
15%
11%
10%
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
Level 1—Reactive
Tactical Recruiting
Level 2—
Standardized
Operational
Recruiting
Level 3—Integrated
Talent Acquisition
Level 4—Optimized
Talent Acquisition
Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte /
Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015
Average
New Hire
Turnover:
14%
12-Month New-Hire Turnover Rates by Maturity Level, 2014
Copyright © 2016 Deloitte Development LLC. All rights reserved.26 Rx for Hiring Healthcare Workers, January 2016
. . . and shorter time to fill
55
50
52
44
0
10
20
30
40
50
60
Level 1—Reactive
Tactical Recruiting
Level 2—
Standardized
Operational
Recruiting
Level 3—Integrated
Talent Acquisition
Level 4—Optimized
Talent Acquisition
Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte /
Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015
Average
Time to
Fill (in
Days):
52
Time to Fill (in Days) by Maturity Level, 2014
The Unified Talent Management Platform
Most employees formulate their long-term organizational commitment in their first 30 days
Do I want to Stay?
Recruiting On-Boarding Connect Learning Performance Compensation Succession
• Applicant
Workflow (all)
• Applicant
Experience (all)
• Employer
Branding (1)
• Mobile (all)
• Assign Tasks (2)
• Onboarding
Tracking (2,3)
• Universal
Profile(1)
• Communities (3)
• Teams and
Tasks (3)
• Discussion
Forums (2,3)
• Feedback (3)
• Relevant
Learning(2)
• Goals and
Feedback (3)
• Clarity in
compensation
• Alignment to
Ascension (2)
• Empower
Employees to be
active in their
career planning
(1,2)
28
Actions/Recommendations
1. Testimonial videos
2. Professional Development Classes that coincides
with employee's career aspirations.
3. Reoccurring team meetings at every level (i.e.
regional or national)
Most employees formulate their long-term organizational commitment in their first 30 days
Do I need to Stay?
Recruiting On-Boarding Connect Learning Performance Compensation Succession
• Social Sourcing
(2)
• Employer
Branding (3)
• Applicant
Experience (3)
• Goals and
milestone
planning
(1)
• Accommodates
various roles
(1,3)
• Universal
Profile(2)
• Communities (2)
• Discussion
Forums (3)
• Real-time
Feedback (1)
• Groups and
Communities (2)
• Social Review
(2)
• 360-degree
reviews (1,2)
• Provide visibility
on their future (1)
• Internal
Recruiting (1)
29
Actions/Recommendations
1. Early investments in the employee, for example
during on-boarding
2. Help employee build a personal network
3. Job satisfaction and career advancement surveys
Most employees formulate their long-term organizational commitment in their first 30 days
Should I Stay?
Recruiting On-Boarding Connect Learning Performance Compensation Succession
• Assign learning
courses and
content (1)
• Real-time task
reporting and
reminders (4)
• Support all
employee
lifecycle events
(all)
• Universal
Profile(2)
• Communities (2)
• Discussion
Forums (1,3)
• Real-time
Feedback (1)
• Social
Collaboration (4)
• Specific content
to assist with
different skills (3)
• Competency
Model Alignment
(1)
• Personalized
career
development
plans (2,4)
• Transparency in
Promotion (4)
• Identify
Overlooked
employees (2)
30
Actions/Recommendations
1. Exposure to all of the organization through
cross line of business training.
2. Have employee invest in the organization and
be visible about it like filling out their profile
page.
3. Special internal projects that makes the
company better.
4. Increasing employee engagement
Most employees formulate their long-term organizational commitment in their first 30 days
Copyright © 2016 Deloitte Development LLC. All rights reserved.31 Rx for Hiring Healthcare Workers, January 2016
Key Takeaways
1. Constant change and lack of control over the
work and schedule contribute to healthcare
worker burnout and high turnover rates.
2. Because demand for healthcare workers is
high, it tends to be harder to retain them
since they can easily find a job elsewhere.
3. Look at your TA strategy and practices to
see where you are in maturity.
4. Optimizing TA typically involves not only
filling openings, but also creating a work
environment where people want to stay.
5. Address the full lifecycle of an employee.
Engagement and retention strategies
support your acquisition strategy.
6. No matter where you are in the maturity
model, relationships are important,
especially hiring manager/recruiter and
manager/employee.
Copyright © 2016 Deloitte Development LLC. All rights reserved.32 Rx for Hiring Healthcare Workers, January 2016
Questions?
Robin Erickson, PhD
Vice President,
Talent Acquisition, Engagement, &
Retention Research
Deloitte Consulting LLP
111 S. Wacker
Chicago, IL 60606
Email: rerickson@deloitte.com
Office: (312) 486 5368
Twitter: @RAEricksonPhD
Tom Tonkin, PhD
Principal,
Advisory Services
Cornerstone OnDemand
1601 Cloverfield Blvd
Santa Monica, CA 90404
Email: ttonkin@csod.com
Office: (303) 619 3950
Twitter: @DrTomTonkin
Copyright © 2016 Deloitte Development LLC. All rights reserved.33 Rx for Hiring Healthcare Workers, January 2016
About Deloitte
As used in this document, “Deloitte” means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see
www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain
services may not be available to attest clients under the rules and regulations of public accounting.
This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or
their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or
services. Before making any decision or taking any action that may affect your finances or your business, you should consult
a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by
any person who relies on this communication.
Copyright © 2016 Deloitte Development LLC. All rights reserved.
Member of Deloitte Touche Tohmatsu Limited

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Rx for Hiring Healthcare Workers

  • 1. Rx for Hiring Healthcare Workers January 20, 2016
  • 2. Copyright © 2016 Deloitte Development LLC. All rights reserved.1 Rx for Hiring Healthcare Workers, January 2016 Symptoms • High turnover, but paradoxically, lower recruiting costs Diagnosis • Causes of high turnover in healthcare Rx for Health • Optimizing Talent Acquisition Today’s Agenda and Presenters Robin Erickson, PhD Vice President, Talent Acquisition, Engagement & Retention Research Bersin by Deloitte / Deloitte Consulting LLP rerickson@deloitte.com @RAEricksonPhD Join the conversation on Twitter #TAHealthcare @RAEricksonPhD @DrTomTonkin @Bersin @CornerstoneInc Tom Tonkin, PhD Principal, Advisory Services Cornerstone OnDemand ttonkin@csod.com @DrTomTonkin
  • 3. Copyright © 2016 Deloitte Development LLC. All rights reserved.2 Rx for Hiring Healthcare Workers, January 2016 Retention, Engagement, and Talent Acquisition are urgent issues 2015 Global Human Capital Trends % of Surveyed Organizations Rating Issue as Urgent or Important Source: Predictions for 2015: Redesigning the Organization in a Rapidly Changing World, Bersin by Deloitte / Josh Bersin, January 2015 63 68 69 73 74 74 76 79 81 84 86 87 THE OVERW HELMED EMPLOYEE SIMPLIFY W ORK DIVERSITY & INCLUSION FIX PERFORMANCE MANAGEMENT INTEGRATE HR TECHNOLOGY GLOBALIZE TALENT MANAGEMENT TALENT & HR ANALYTICS TALENT ACQUISITION RESKILLING HR REINVENT LEARNING & DEVELOPMENT GAPS IN LEADERSHIP PIPELINE RETENTION & ENGAGEMENT
  • 4. Copyright © 2016 Deloitte Development LLC. All rights reserved.3 Rx for Hiring Healthcare Workers, January 2016 Our lives depend on healthcare workers Yet, healthcare workers often face burnout from: • Constant emergencies • Fear of error • Long shifts • Heavy workloads • Unpredictable work • Physical demands • Understaffing Source: “Burnout Syndrome,” M. Polikandrioti, Health Science Journal 3.4 (2009) pp. 195-196.
  • 5. Copyright © 2016 Deloitte Development LLC. All rights reserved.4 Rx for Hiring Healthcare Workers, January 2016 Symptoms
  • 6. Copyright © 2016 Deloitte Development LLC. All rights reserved.5 Rx for Hiring Healthcare Workers, January 2016 Research shows Healthcare spending on Talent Acquisition increased in 2014 3% 12% 16% 7% 13% 0% 5% 10% 15% 20% 25% 30% Banking / Financial Services Business Services / Consulting Healthcare Manufacturing Technology Average Overall Increase in TA Spending: 7% Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte / Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015 Year-over-Year Change in Talent Acquisition Spending by Industry, 2013–2014
  • 7. Copyright © 2016 Deloitte Development LLC. All rights reserved.6 Rx for Hiring Healthcare Workers, January 2016 Cost per hire is typically lowest in Healthcare . . . $4,323 $4,300 $3,033 $5,611 $4,325 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 Banking / Financial Services Business Services / Consulting Healthcare Manufacturing Technology Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte / Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015 Average Cost per Hire: $3,976 Cost per Hire by Industry, 2014
  • 8. Copyright © 2016 Deloitte Development LLC. All rights reserved.7 Rx for Hiring Healthcare Workers, January 2016 But Healthcare tends to have the highest new-hire turnover 14% 11% 17% 10% 11% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% Banking / Financial Services Business Services / Consulting Healthcare Manufacturing Technology Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte / Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015 Average New Hire Turnover: 14% 12-Month New-Hire Turnover by Industry, 2014
  • 9. Copyright © 2016 Deloitte Development LLC. All rights reserved.8 Rx for Hiring Healthcare Workers, January 2016 Diagnosis
  • 10. Copyright © 2016 Deloitte Development LLC. All rights reserved.9 Rx for Hiring Healthcare Workers, January 2016 Type of work affects turnover RN Turnover Rates by Specialty Pediatrics 13.5% Women’s Health 13.8% Critical Care 16.8% Surgical Services 17.2% Step Down 18.0% Telemetry 18.5% Medicine/Surgery 20.7% Emergency 21.7% Behavior Health 30.7% Source: 2015 National Healthcare Retention & RN Staffing Report, B. Colosi, NSI Nursing Solutions, Inc., March 2015
  • 11. Copyright © 2016 Deloitte Development LLC. All rights reserved.10 Rx for Hiring Healthcare Workers, January 2016 Other factors contribute to high turnover  Helping others is often the primary motivation for healthcare providers  ACA is helping to make healthcare more entrepreneurial  Changes in technology can make care less personal & require constant training  Not enough doctors to meet demand for care  Retirement of aging healthcare professionals
  • 12. Three questions every employee answers everyday • Do I want to stay? • Do I need to stay? • Should I stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 13. What is this? This addresses the positive emotional connection that the employee has to the organization. For example, working at here, whether the people or the work itself, makes them happy. 12 Do I want to Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 14. What is this? This addresses the positive emotional connection that the employee has to the organization. For example, working at here, whether the people or the work itself, makes them happy. Where does it come from? This feeling is induced from positive work experiences at your organization. 13 Do I want to Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 15. What is this? This addresses the positive emotional connection that the employee has to the organization. For example, working at here, whether the people or the work itself, makes them happy. Where does it come from? This feeling is induced from positive work experiences at your organization. Proposed Action/Curriculum: • Testimonial videos • Professional Development Classes that coincides with employee's career aspirations. • Reoccurring team meetings at every level (i.e. regional or national) 14 Do I want to Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 16. What is this? This is when an employee is calculating the cost of leaving the organization and questions what they need to do. 15 Do I need to Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 17. What is this? This is when an employee is calculating the cost of leaving the organization and questions what they need to do. Where does it come from? Leaving is more difficult when the employee invests more and more into the company. How vested are they in the company. 16 Do I need to Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 18. What is this? This is when an employee is calculating the cost of leaving the organization and questions what they need to do. Where does it come from? Leaving is more difficult when the employee invests more and more into the company. How vested are they in the company. Proposed Action/Curriculum: • Exposure to all of the organization through cross line of business training. • Have employee invest in the organization and be visible about it like filling out their profile page. • Special internal projects that makes the company better. • Increasing employee engagement 17 Do I need to Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 19. What is this? The feeling of obligation to stay with an organization. What the employee ought to do. 18 Should I Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 20. What is this? The feeling of obligation to stay with an organization. What the employee ought to do. Where does it come from? When employee is socialized into the organization and the company invests in the employee. 19 Should I Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 21. What is this? The feeling of obligation to stay with an organization. What the employee ought to do. Where does it come from? When employee is socialized into the organization and the company invests in the employee. Proposed Action/Curriculum: • Early investments in the employee, for example during on-boarding • Help employee build a personal network • Job satisfaction and career advancement surveys 20 Should I Stay? Most employees formulate their long-term organizational commitment in their first 30 days
  • 22. Copyright © 2016 Deloitte Development LLC. All rights reserved.21 Rx for Hiring Healthcare Workers, January 2016 Rx for Health
  • 23. Copyright © 2016 Deloitte Development LLC. All rights reserved.22 Rx for Hiring Healthcare Workers, January 2016 Optimizing TA matters in Healthcare Having the right Healthcare employees who understand the work and how to do it well can: • Provide better care to patients • Reduce burnout and mistakes • Attract leading talent • Adapt to changes • Save both people and money
  • 24. Copyright © 2016 Deloitte Development LLC. All rights reserved.23 Rx for Hiring Healthcare Workers, January 2016 Talent Acquisition Maturity Model Reactive Tactical Recruiting Level 1 Standardized Operational Recruiting Level 2 Integrated Talent Acquisition Level 3 Optimized Talent Acquisition Level 4 BersinbyDeloitte Source: High-Impact Talent Acquisition, Key Findings and Maturity Model, Bersin by Deloitte, 2014 13% 23% 29% 35%
  • 25. Copyright © 2016 Deloitte Development LLC. All rights reserved.24 Rx for Hiring Healthcare Workers, January 2016 Level 4 organizations surveyed spend more per hire . . . $3,258 $3,852 $5,088 $6,465 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 Level 1—Reactive Tactical Recruiting Level 2— Standardized Operational Recruiting Level 3— Integrated Talent Acquisition Level 4— Optimized Talent Acquisition Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte / Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015 Average Cost per Hire: $3,976 Cost per Hire by Maturity Level, 2014
  • 26. Copyright © 2016 Deloitte Development LLC. All rights reserved.25 Rx for Hiring Healthcare Workers, January 2016 . . . but typically have lower new hire turnover . . . 17% 15% 11% 10% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% Level 1—Reactive Tactical Recruiting Level 2— Standardized Operational Recruiting Level 3—Integrated Talent Acquisition Level 4—Optimized Talent Acquisition Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte / Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015 Average New Hire Turnover: 14% 12-Month New-Hire Turnover Rates by Maturity Level, 2014
  • 27. Copyright © 2016 Deloitte Development LLC. All rights reserved.26 Rx for Hiring Healthcare Workers, January 2016 . . . and shorter time to fill 55 50 52 44 0 10 20 30 40 50 60 Level 1—Reactive Tactical Recruiting Level 2— Standardized Operational Recruiting Level 3—Integrated Talent Acquisition Level 4—Optimized Talent Acquisition Source: Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing and Key Recruiting Metrics, Bersin by Deloitte / Jennifer Krider, Karen O’Leonard, & Robin Erickson, PhD, April 2015 Average Time to Fill (in Days): 52 Time to Fill (in Days) by Maturity Level, 2014
  • 28. The Unified Talent Management Platform Most employees formulate their long-term organizational commitment in their first 30 days
  • 29. Do I want to Stay? Recruiting On-Boarding Connect Learning Performance Compensation Succession • Applicant Workflow (all) • Applicant Experience (all) • Employer Branding (1) • Mobile (all) • Assign Tasks (2) • Onboarding Tracking (2,3) • Universal Profile(1) • Communities (3) • Teams and Tasks (3) • Discussion Forums (2,3) • Feedback (3) • Relevant Learning(2) • Goals and Feedback (3) • Clarity in compensation • Alignment to Ascension (2) • Empower Employees to be active in their career planning (1,2) 28 Actions/Recommendations 1. Testimonial videos 2. Professional Development Classes that coincides with employee's career aspirations. 3. Reoccurring team meetings at every level (i.e. regional or national) Most employees formulate their long-term organizational commitment in their first 30 days
  • 30. Do I need to Stay? Recruiting On-Boarding Connect Learning Performance Compensation Succession • Social Sourcing (2) • Employer Branding (3) • Applicant Experience (3) • Goals and milestone planning (1) • Accommodates various roles (1,3) • Universal Profile(2) • Communities (2) • Discussion Forums (3) • Real-time Feedback (1) • Groups and Communities (2) • Social Review (2) • 360-degree reviews (1,2) • Provide visibility on their future (1) • Internal Recruiting (1) 29 Actions/Recommendations 1. Early investments in the employee, for example during on-boarding 2. Help employee build a personal network 3. Job satisfaction and career advancement surveys Most employees formulate their long-term organizational commitment in their first 30 days
  • 31. Should I Stay? Recruiting On-Boarding Connect Learning Performance Compensation Succession • Assign learning courses and content (1) • Real-time task reporting and reminders (4) • Support all employee lifecycle events (all) • Universal Profile(2) • Communities (2) • Discussion Forums (1,3) • Real-time Feedback (1) • Social Collaboration (4) • Specific content to assist with different skills (3) • Competency Model Alignment (1) • Personalized career development plans (2,4) • Transparency in Promotion (4) • Identify Overlooked employees (2) 30 Actions/Recommendations 1. Exposure to all of the organization through cross line of business training. 2. Have employee invest in the organization and be visible about it like filling out their profile page. 3. Special internal projects that makes the company better. 4. Increasing employee engagement Most employees formulate their long-term organizational commitment in their first 30 days
  • 32. Copyright © 2016 Deloitte Development LLC. All rights reserved.31 Rx for Hiring Healthcare Workers, January 2016 Key Takeaways 1. Constant change and lack of control over the work and schedule contribute to healthcare worker burnout and high turnover rates. 2. Because demand for healthcare workers is high, it tends to be harder to retain them since they can easily find a job elsewhere. 3. Look at your TA strategy and practices to see where you are in maturity. 4. Optimizing TA typically involves not only filling openings, but also creating a work environment where people want to stay. 5. Address the full lifecycle of an employee. Engagement and retention strategies support your acquisition strategy. 6. No matter where you are in the maturity model, relationships are important, especially hiring manager/recruiter and manager/employee.
  • 33. Copyright © 2016 Deloitte Development LLC. All rights reserved.32 Rx for Hiring Healthcare Workers, January 2016 Questions? Robin Erickson, PhD Vice President, Talent Acquisition, Engagement, & Retention Research Deloitte Consulting LLP 111 S. Wacker Chicago, IL 60606 Email: rerickson@deloitte.com Office: (312) 486 5368 Twitter: @RAEricksonPhD Tom Tonkin, PhD Principal, Advisory Services Cornerstone OnDemand 1601 Cloverfield Blvd Santa Monica, CA 90404 Email: ttonkin@csod.com Office: (303) 619 3950 Twitter: @DrTomTonkin
  • 34. Copyright © 2016 Deloitte Development LLC. All rights reserved.33 Rx for Hiring Healthcare Workers, January 2016 About Deloitte As used in this document, “Deloitte” means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. Copyright © 2016 Deloitte Development LLC. All rights reserved. Member of Deloitte Touche Tohmatsu Limited