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.

Certain generations come with stereotypical characteristics and misconceptions. The Millennials are one of the most misunderstood generations in the workforce today. They are categorized as lazy, entitled, and even media-obsessed but in reality, they are ambitious and want to leave a positive mark on the world. Millennials care about their work environment and making friends at work is important to them. Certain perks at work have a higher priority to this generation than to others. In the past, pay and benefits were the cornerstone for happy team members but this group prefers to enjoy their work and to be recognized for what they do.

Characteristics of Millennials
Is your organization interviewing and hiring Millennials? In order to understand the candidates and what they bring to your company, you should take the time to understand their viewpoints and their ideas.

• They want to be part of a company, embrace the culture, and understand what makes it work. They may ask questions about the break room, lunchtime, and the social perks of the workplace; it’s not because they are selfish but rather this is an important factor.
• This is an educated group of candidates. Many have some form of higher education and may even strive to complete more within the next several years.
• Personal development is a factor in the final decision regarding the job acceptance.
• They would prefer social media freedom, device flexibility, and work mobility over a higher salary. While this seems strange to the older generations who will work overtime to obtain more pay and the culture isn’t an issue, this is a necessary element to the hiring package for a millennial.
• Recognition is important to these team members. They prefer to be praised in public rather than to be given a performance review at the end of a quarter. It is also important to have open lines of communication with your team either by email, text, or even a quick online chat hangout.
• You don’t need to hand out large rewards to Millennials. A simple lunch, afternoon off, or even the ability to come in late after a big project is completed, will be motivation for them and convey your appreciation.
• Millennials are ambitious and want to achieve personal success. Their own goals are something they work towards. Not only in their personal lives but also at work.

There are some companies who shy away from hiring this generation but without good cause. You can hire Millennials and have confidence in their ability to perform the functions you require and more. This generation doesn’t shy away from sharing their life with those at work and forming close bonds. Their desire to build morale and a team spirit can create a strong cornerstone for your company.

If you have further questions contact expert medical and healthcare recruiters Pinnacle Workforce today!