306. The ROI of Retaining Your Workforce is proudly presented to you by National Association for Home Care & Hospice. Thank you. We hope that you enjoy your course.
Description:
Workforce remains the number one challenge for providers. The key is understanding the “numbers” around staffing and learning what the ROI is on focusing on retention. Industry experts will adress what the financial and operational impact of turnover is. This session will guide decisions around compensation, professional development, and overall company culture.
Learning Objective 1:
Discuss the financial impact of staff turnover, specifically the effect on productivity and its impact on limiting growth and capacity, as well as exactly what the industry benchmarks are for retaining staff, as well as important statistics related to talent acquisition and retention.
Learning Objective 2:
Identify how to create your own budget calculating the impact of turnover in all departments of your organization.
Learning Objective 3:
Explain specific techniques to improve their organizations retention numbers including: leadership development, building strong company culture, compensation strategies and more.
Faculty:
Eric Scharber
Nick Seabrook
Tarrah Lowry
Nursing 1.0 Contact Hours awarded.
Nursing Contact Hours for this module will expire on October 22, 2026.