This blog post is another installment in our ongoing TALENT TUESDAYS weekly series focused on how to improve talent management at healthcare organizations. This is the final featured excerpt from our Industry Perspective paper, 7 WAYS TO EASE THE PAIN OF HEALTHCARE HIRING.
Whether you are talking about new customers or new employees, the rule is the same: it costs much more (7-10 times as much) to find a new one than to keep the one you have happy. Put another way, there is no better way to reduce recruiting costs than to reduce the amount of recruiting you need to do.
The idea here is to work both sides of the funnel. So much of recruiting is focused on attracting new talent, as it should be. However, working to improve retention and internal referrals can be one of the most effective recruiting strategies you can employ. Here are some effective strategies to consider:
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