The process of onboarding a new employee at your medical establishment comes with a variety of costs. You also need to take into account all the other tasks related to finding and hiring a talented candidate. All told, it is a significant undertaking which places the onus on making the right hiring decision, lest you have to repeat the entire exercise.

Understanding what’s involved with hiring a new employee helps you define a methodology to ensure a proper choice between candidates in addition to keeping your expenses down. Let’s analyze the true cost of the medical employee hiring process.

The Three Steps of Hiring a Medical Employee

The entire hiring effort essentially includes three different steps. First off, recruiting a new hire requires placing a job ad, perusing résumés, interviewing the best candidates, reference checking, and – finally – the hiring decision. Once a candidate is hired, onboarding that person comes with its own set of costs.

It is important not to forget training the new employee, which is especially vital in the healthcare industry. Entrepreneur.com estimates the average cost of hiring a new employee to be around $4,000; you can expect that number to be higher in the medical industry considering the cost of training. In short, your company’s outlay is much more than the new worker’s salary and benefits package.

The High Cost of Recruiting in the Healthcare Industry

When your company decides to hire a new employee, the recruiting process is surprisingly expensive. There is time spent determining the job requirements and writing an advertisement, in addition to placing that ad online and in print. Going through potentially hundreds of resumes takes the valuable time of you and your managerial team.

Finally, there are the significant resources spent interviewing the top candidates and calling their references. Background checks are another expensive, but necessary, part of the process.

What if there was a way to recruit healthcare talent more efficiently?

Leveraging the Help of a Medical Staffing Agency

Working with an experienced medical staffing agency is a great way to streamline your organization’s recruiting process. The best healthcare employment firms offer a robust supply of quality candidates – already vetted. Your team can focus on interviewing and hiring the best choice.

When searching for a top-ranked medical staffing agency to partner with, look no further than Pinnacle Workforce. As one of the nation’s leading healthcare employment companies, we offer the great candidates able to make a positive impact at your medical establishment. Schedule some time with us as soon as possible.