Register now for our upcoming webinar Caring for Your Caregivers: A New York HCM Compliance Primer on Thursday, Oct. 12!
We get it: You are running a business that is demanding and unique. You probably do your own payroll, human resources, office administration, compliance ensurance, and much more.
On top of everything you already have on your plate, Sarah, one of your caregivers, just handed in her letter of resignation – she is the 3rd one this month. This means that you will likely be short-staffed, and you may need to turn away patients.
Let us assure you, you are not the only one facing this. There is currently a shortage of home care workers, and it’s worse than you might think. A recent study released by Home Benchmarking revealed that the median turnover rate for caregivers reached an all-time high of 82% in 2018, a turnover cost of $6.5 billion a year.
As the Baby Boomer population ages, with the number of people in America between 66-84 reaching an estimated 60 million by 2030 (U.S. Census), the home care industry will likely face difficulty recruiting and retaining a large enough workforce. Despite home health and personal care aides being among the fastest-growing occupations (The Bureau of Labor Statistics), these are jobs that most Americans don’t want.
This leads to the question: How can you keep your turnover rate down and fill these jobs?
The first step is to recognize the variables associated with your home care worker retention. This will help your agency retain employees in a time of severe shortages and avoid needing to turn away patients. We have simplified this challenge into an outline since we know you are busy.
Now that you have the major variables associated with the problem clearly identified, it’s time to tackle these issues and break the turnover cycle.
How can you get that done?
Read how one of our clients was able to tackle this problem!
How can you get that done?
Read Caregiver Development: Investing in Your Biggest Asset to learn more about keeping your employees more engaged and with you longer.
Let’s be honest, there really aren’t any secrets. The real “secrets” needed for increasing employee retention and reducing turnover are recognizing why your workers are leaving and amending those issues. To further understand how you can decrease your turnover rate, download Viventium’s e-book 5 Ways to Tackle Turnover in Home Health Care 2019.
Viventium Software Inc. is a SaaS-based human capital management solution that provides a remarkable user experience and award- winning software. Viventium provides flexible software and expert guidance so clients can be sure their payroll is done right.
Viventium offers specialized solutions in the health services markets which include home care agencies and skilled nursing facilities. Viventium Software supports all fifty of the United States with payroll and HR solutions.
Relax – you’re with Viventium.
©2023 Viventium Software, Inc. All rights reserved. | Privacy Policy | Terms & Conditions | Legal |
Licenses: Viventium HCM LLC NMLS ID: 2094503
By filling out this form, you submit your information to Viventium, who will use it to communicate with you regarding updates and other services.