A poll released Monday illustrates the ongoing challenges healthcare providers face in keeping valuable clinical staff.
More than 40% of clinicians who responded to Keep Financial’s Healthcare Attrition Report said they were considering leaving the jobs for better pay, work-life balance or to relieve burnout. However, approximately 85% of those surveyed said they would remain on the job if they were offered up-front cash bonuses for staying with their employer for a specific period of time.
“We all know the past few years put an extreme strain on an already overextended healthcare system,” Rob Frohwein, Keep Financial co-founder and CEO, said in a statement. “With the increase in mobility, decrease in geographical commitment, and a recognition by many health professionals of the unnecessary overwhelming stress of their roles, we’ve hit the epidemic stage of professional shortages.”
The report also found that nearly half of clinicians surveyed felt undervalued and more than half wanted better pay.
The COVID-19 pandemic put a strain on the nation’s healthcare system at a time when 72 million baby boomers are aging. A recent report by the National Council of State Nursing Boards found that one-fifth of the nation’s registered nurses plan to leave the healthcare industry within the next few years. Approximately 100,000 RNs left the field during the COVID-19 public health emergency and another 800,000 plan to leave due to retirement, burnout or stress.
