Staff Turnover Cost Reducing Strategies by Robert Lane

Learn Strategies for Reducing Cost of Staff Turnover

Event Information
Product Format
Prerecorded Event
Presenter(s)
Robert Lane, MA, CNHA, FACHCA
Conference Date
Thu, Oct 29, 2015
Length
60 minutes
Product Description

Bothered About Increasing Staff Turnover Problems? Help Is Here

 

Turnover of staff, particularly front line caregivers, is one of the largest issues faced by providers today, both from a clinical and a financial perspective. This webinar by expert speaker Robert (Bob) W. Lane will arm participants with needed information, specific direction and proven strategies to return to their organization ready to make positive changes.

Participants will be introduced to a cost worksheet that can be used to summarize overall turnover cost burden.

Session Highlights:

  • Discussion of areas that comprise the full cost burden of staff turnover
  • Differentiation of direct costs from indirect costs
  • Discussion of positive and negative implications of staff turnover and retention
  • Utilizing data to make informed management decisions on retention strategies
  • Proven interventions to reduce turnover and cost associated with it

Robert will also cover:

  • Organizational characteristics affecting turnover
  • Correlation of job satisfaction to turnover
  • A look at staff turnover statistics
  • Detailed look at direct costs of turnover
    • Separation Costs
    • Vacancy Costs
    • Replacement Costs
    • Training and Orientation Costs
    • Increased Worker Injuries
  • Detailed look at indirect costs of turnover
    • Lost Productivity Costs
    • Reduced Service Quality
  • The relationship between Leadership, Relationships and Work DesignSurvey Implications
  • Legal Implications
  • Lost Revenues and Reimbursement
  • Service Delivery Level Costs
  • Third-Party Payer Costs
  • Practice/ Provider Implications
  • Strategies to reduce turnover
  • Methods to measure costs
  • How to calculate the Annualized Impact

Who should attend?

Administrators, Senior Managers, Department Heads

Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.

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1-866-458-2965

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About Our Speaker

Robert Lane - Long Term Care Expert

Robert (Bob) Lane specializes in assisting post-acute providers with operational improvements such as survey preparation and compliance, business process improvements, budget analysis, staff retention strategies, documentation and billing procedures, contract reviews, strategic positioning, and Medicare/Medicaid certification issues. He has been involved in health care for more than 30 years, and long-term care for over 27 years as an administrator, field trainer, Quality Improvement Organization (QIO) project manager, speaker,...   More Info
More Events By The Speaker

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