The Total Cost of Hiring a New Employee in Healthcare

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Posted by Global Healthcare Resource on Jan 25, 2023 2:36:54 PM


Employers seldom quantify the time investment and costs associated with hiring a new employee outside of their salary and benefits. 

The current labor shortage and increasing turnover has added pressure to healthcare organizations' hiring efforts. The infographic below takes a deeper look at metrics surrounding time to fill, cost to train, benefits, break-even point and the cost of a bad hire. 

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Updated Cost to Hire

 

 

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