Healthcare Turnover Reaches Highest Rates in Over a Decade

Last month hospital hiring added 10,600 jobs to the market culminating in an impressive 71% spike from May. Following previous growth trends in 2018, ambulatory services remained the fastest growing sector within the healthcare industry (Click here to read more). To add to that, recent research suggests that those who chose to change jobs in the past year on average got a 30% boost in annual salary over those who chose to stay put (Click here to read more).
As this year has experienced some of the lowest unemployment rates in recent history, healthcare leaders and hospitals alike continue to experience unprecedented turnover rates with projections for this year anticipating 18.2% hospital turnover, the highest in over a decade (Click here to read more). With turnover rates at a record high, many leaders are finding they have the freedom to move around as they please as demonstrated by the fact that recent surveys estimate most healthcare professionals change jobs approximately every 2-3 years.
With so many options, searching for a new position can be overwhelming. In addition to working full time, just narrowing down your options to fine tune your search to fit your goals can be extremely time consuming. One way to effectively streamline your job search is to work with an agency. At Novia, we have been working with healthcare leaders for over 20 years to assist in fine tuning individual job searches to place our candidates in positions that take them to the next step in their career while also delivering on their specific requirements. Through our experienced recruitment team, we are able to match individual candidate needs with those of our client hospitals who often prefer to hire through the “invisible job market” of positions that never make it to the public. To speak to a recruiter today, send us a message on our website.