Reducing Reliance on Premium Labor
Objective: Surmounting premium labor costs by improving recruiting effectiveness, addressing key drivers of staff defection, and reining in the use of agency and contract labor.
Target Problems
- No urgency to fill vacant positions
- Lack of enterprise-wide management of agency deployment
- Institutions not effectively sourcing and negotiating price on premium labor
- No central coordination for flexing staff across departments
Average Partner Results
- 25% reduction in nurse turnover
- 45% reduction in nurse vacancy rates
- 20% reduction in premium labor costs
- Reduced time-to-fill by 30 days