The Hidden Cost of High Turnover in Healthcare Staffing

events By Chan Su Man Published on November 1, 2024

Many healthcare institutions face the burden of high turnover rates and costly recruitment processes. But did you know that most job boards aren’t designed to attract truly committed candidates?

Here’s a surprising fact: a significant number of job seekers are merely "testing the market," applying to roles without any real intention of committing.

High turnover in healthcare can be extremely costly. According to a study, turnover costs for registered nurses can range from RM37,000 to RM58,000 per nurse per year. These costs include recruitment, onboarding, and lost productivity, not to mention the strain on remaining staff. Hospitals are thus left in a constant cycle of hiring and rehiring, which impacts patient care and staff morale.

For many healthcare facilities, existing job boards don’t provide the quality candidates they need. The problem isn’t just attracting applicants—it’s attracting the right applicants. Many of those who apply aren’t serious about a long-term commitment and are simply testing the waters. This “tire-kicking” behaviour is often overlooked by traditional recruitment platforms, which fail to prioritise quality over quantity.

That’s where WeAssistJobs.com comes in.

Our platform targets only serious, qualified candidates, offering hospitals access to clinical professionals who are ready to take on full-time roles. By streamlining credentialing and providing a seamless application process, we ensure that hospitals can make fast, informed hires, reducing turnover rates and improving team stability.

The platform’s tailored approach ensures that only candidates truly aligned with the job requirements will apply, saving both time and money for employers.

Additionally, healthcare institutions benefit from the Locum Apps integration, which allows candidates to book trial shifts before committing to a full-time role. This hands-on experience not only ensures a good fit but also offers valuable insights into whether the role meets both the employer's and the candidate's expectations.

Key Takeaways:

  • Traditional job boards fail to deliver quality candidates.
  • Hospitals struggle with high turnover, adding to recruitment costs.
  • WeAssistJobs.com connects you with qualified, serious candidates ready for long-term employment.

Hospitals, sign up for a demo today to see how WeAssistJobs.com can help you reduce turnover and hire faster.