Search
Related Links

 

 

Informative Articles

Don't Wait for Tax Time to Look at the Bottom Line
A curious thing happens to entrepreneurs in the spring of every year. They wake up one day and realize they had better figure out how much money they made last year so they can pay their taxes. But wait, shouldn't a business owner already KNOW how...

Real Estate Remains A Strong Investment
Opportunities to make big, quick profits in residential real estate tend to come and go in cycles. When a local market is hot, families may find it possible to buy a house at an attractive price, fix it up, and watch its value rise in just a...

Reducing Debt Before It's Too Late ... How To Avoid The Pitfalls Of Creeping Debt
Reducing debt usually isn't a high priority for people until they have already gotten into trouble with overspending. Using a few basic guidelines, and debt calculations, can help you see when your debt load is getting into the danger zone. ...

Student Home Purchase Plan
Tuition costs are climbing, housing costs are climbing, it seems like all the costs for students are climbing these days. Students can afford cost increases less than any other demographic in Canada. Because of this, parents and students alike...

Taxes Made Easy for Your Home-Based Business
I had never heard of Gary W. Carter and had never read any of his books until now – and I have to say I'm really glad that I did. Anyone who has a home-based business or is contemplating starting one needs this book on their reference shelf. If...

 
Nursing shortage: Here is what some Hospitals are doing

Sam Khan,MD
Copy right: medjobcity Inc.
02/2004.

ursing shortage have been an issue for sometime now in the country. The causes are varied and have been discussed in many articles in the recent past.

The purpose of this article is to explore the strategies US Hospitals are employing to overcome the nurse shortage.
The remedy of a problem is dependent on its cause. This is no different here. Since the causes of shortage of nurses are varied the possible solutions proposed are many too. Nurse shortage stems from lesser number of students choosing nursing as profession ,
Uncertainty created by a wrong research report in 1988 by a reputable organization predicting impending nurse oversupply (resulting in students deciding not to chose nursing), more nurses choosing to work in out patient setting creating a mal distribution of nurses in some areas of the country , dissatisfaction among nurses because of shift work, mandatory overtime, insufficient pay, lack of a career ladder are some of the common causes.
Many nurses are choosing Temp. work as it pays more money and allows some control over work hours and benefits.
In the private sector the turnover is higher then in the govt. sector.
Hospitals are doing all sorts of things to recruit and retain the nurses.
Financial incentives to recruit nurses are temporary fix in general. These do not guarantee retention of the nurse in the same facility.
Long term planning for this national problem is addressed by federal as well as state level. These will have effect though not in very near future.
A serious effort by the hospitals, nurses themselves as well as the government and the nursing organizations will be needed. Image building , making the profession attractive are the sort of things which will take time but will have lasting effects.
For the short term it is the hospitals which have to deal with the nursing shortage.

The latest news is that some nurses who are in army reserves are now being called in for active duty and sent to Germany (3 from our institution).
There are not many innovative strategies available to hospitals to deal with the shortage of nursing staff.
Here are some ways different health care organizations and hospitals are dealing with this nursing emergency:
(These strategies are for recruitment of new nurses, new graduates as well for retention of existing workforce. Some strategies are short term and some are long term. Your institution or hospital may already be employing many of these methods.)
Commonly employed strategies to attract and retain nurses in the organization include:
•Signing referral bonuses
•Salary incentives
•Flexible hours.
•Lower eligibility threshold for benefits.
•Improvement in working conditions.
•Increase recruitment in training programs.
•Recruitment outside of prime age.
•Identify cost effective and quality based practice models that promote quality patient outcomes and job satisfaction.
•Accommodate aging nurse force.
•Image building of nursing staff.
•Assign responsibilities and challenges for motivated members of nursing staff .
•Create role models for junior nursing staff members.
•Promote leadership development programs.
Baptist Hospital of Miami, Florida is employing following strategies for some time with good success.
•Sign-on Bonuses offered to all RNs and Out-of-Area Applicants ($5,000 and
$2,500)
•On-Campus Recruitment Twice a Year at each of Four Local Nursing Schools
•System-Wide Posting of all Job Openings
•On-site Child Care Center.
•Post Office.
•Choice of multiple health plans
•Group Legal Insurance.
•Leave Sharing (PTO donations to employees in need)
•Larger and more frequent advertising in Local Newspaper and Nursing Journals
•Special Annual Ads (i.e. Florida Hospital Association Guide, RN Magazine, AJN).
•Commercial Internet Postings.
•Special Nursing Limited-Time Offer ($5,000 and $2,500)
•Nursing Recruitment & Retention Committee
•Birthday Cards from Human Resources with 2 Movie Tickets
•Employee Activity Committee Events

•Regular Bonuses of $1,000 and $500
•Year-end Raffle for "Trip for Two"
•Stepped-Up Publicity of the vacancies (posters, brochures, raffle boxes)
• Employees Referrals program (RN Hires through employees referral program increased from 28% to 31% after
Introduction of Program).
•Relocation Assistance offered
•Extra Pay Option (in lieu of benefits).
•Staffing Incentive Bonus Programs (including $25 gift certificates)
•Special Weekend Scheduling Option ($7/hr diff)
•Supplemental Weekend Plan ($3/hr diff)
•Increased Base Rates and Per Diem Rates
•Guaranteed Overtime
•Preceptor Honorarium ($200)
•Special Call Back Pay (%20 or time and a half)
•Thanksgiving, Christmas & New Years Holiday Pay (time and a half)

•Annual Spring Luncheon for Graduating Nurses (all colleges)
•Pay for NCLEX Review Course
•Nursing Student Clinical Rotations and Practicums at Hospital.
•Students Hired as Nurse Care Techs at Top of Pay Scale until Graduation
•Nurse Care Techs Recruited into New Graduate Training Program

•Professional Advancement Process (Clinical Ladder).
•Leadership Development Program
•Mentorship Program
•Tuition Assistance
•Toolbook for Performance (clinical, professional & personal development
courses).
•Employee Assistance Program.
•On-site Credit Union / ATMs.
•On-site Dry Cleaning, Hair Salon, Shoe Repair, Car Wash, Pharmacy, Gift Shop,
•Meals-To-Go Program (from Employee Dining Room).
.
•Dental Insurance.
•Vision care.
•Life/AD&D/Dependent Life.
•Short and Long Term Disability.

•Flexible Spending Accounts.

Wellness Program
•Employee Health


Services
•On-Site Fitness Centers
•Lectures, Training & Workshops
•Massage Therapy

Vacation, Leave & Time Off
•Paid Time Off (personal, sick, holidays) with annual cash-out option
•Extended Illness Bank
•Family & Medical Leaves
•Personal Leaves
•Bereavement Leave
•Paid Military Leave
•Sunshine Fund (no interest loan & donations to employees in need)
•Pension Plan with Employer Matching Contributions
•Adoption Benefit (up to $4,000)
•Credit Union (free checking, low cost loans)

Traditional benefit packages are not always sufficiently alluring to nurses. It is possible that employee benefits could be used more effectively to retain nurses and reduce costly staff turnovers
One example is payroll reduction program commonly known as 125 Reimbursement Plan. Using this plan the employee can allocate a pre tax dollar amount per year which is anticipated as potential expense to cover health and welfare expense.
The employer avoids having to match FICA tax and workman compensation expense by reducing the amount of income upon which these figures are calculated.
Not only does the employee net take home pay increases but the employers matching FICA taxes and related pay roll expenses are reduced (consult your tax advisor for more details on this program).

Employee’s Voice
•Annual Employee Survey
•Roundtables with CEO, VPs
•System and Divisional Townhall Meetings
•Staff Meetings & Committees
•Reward & Recognition Task Force

•Roving Cart (suggestion box)
•Nurse Week Activities
•VP Rounds on Nursing Units (all shifts) during Weeks On-Call and for Special
•Employee of the Month and Year Awards
•Employee Service Awards
•5&10 year plaques
•15 year dinner
•20+ year banquet
•Special Performance Awards - Recognition at Annual Employee Service Awards
Dinner
•Celebrate, Motivate and Decorate Task Force

Collaborative efforts between health care organizations, societies, hospitals , private sector.
Some examples:
•In San Diego, six hospital systems have committed $1.3 million to support a program called, "Nurses Now", which will add faculty and additional student slots to San Diego University.
•The American Hospital Association News reports that in Laredo, Texas, a hospital CEO worked with Texas A&M University to develop a four-year bachelor's program and is providing $425,000 in scholarships to local students over the next five years.
•In Morris County, New Jersey, the Board of Freeholders offered scholarships to students who agreed to work in a long term care facility.
•The Dallas-Fort Worth Hospital Council raised $600,000 to expand student enrollment at local schools.

Magnet Hospitals: This elite class of hospitals generally do not have problem with high nurse turn over and recruitment. These classes of hospital (only 1-2 % of all US Hospitals) attain and keep this designation only if they meet stringent standards and ongoing 4 yearly evaluations.
"The label 'Magnet hospitals' originally was given to a group of U.S. hospitals that were able to successfully recruit and retain professional nurses during a national nursing shortage in the early 1980s. Studies of Magnet hospitals highlight the leadership characteristics and professional practice attributes of nurses within these organizations... Hospitals selected met the following criteria: 1) nurses within the hospitals considered them good places to practice nursing, 2) the hospitals had low turnover and vacancy rates, and 3) the hospitals were located in areas where there was significant regional competition for nursing services." (JONA, January 1999). Magnet designated health care organizations consistently outperform their peers in recruiting and retaining nurses, resulting in increased stability in patient care systems across the organization.
Foreign nurses/Importing nurses.

Philippines is the largest source of foreign nurses. Nurses from many other countries including Europe have come recently and in last many years to work in the US.
WWW.CGFNS.ORG is a US based agency that has the authority currently to screen foreign nurses for eligibility for state licensing boards and work visas.
Acquiring the services of foreign nurses is not new in the US. Recently the number of non-US origin nurses has increased significantly.
A number of hospitals are using programs to hire foreign nurses. This is not an easy task as the process is tedious and takes months and may be years.
CGFNS (Commission on graduates of foreign nursing schools) is one source of information for this process. Hospitals generally use recruiters specializing in this
area and immigration lawyers to hire foreign nurses. Foreign nurses have to show that their training is adequate, they are proficient in English language and are eligible for visa otherwise

To summarize it seems that the major influences on recruitment and retention are salary and raises, benefits, shift rotations and scheduling flexibility , staff communications , tuition reimbursements, type of nursing care delivery system, nursing leadership, reputation of the hospital and responsive management.

Copy right Medjobcity inc.
Author: Sam Khan, MD
info@medjobcity.com
For more career -related info, articles and health care job info visit www.medjobcity.com
.
Webmasters: This article can be used for your website if copied in its entirety with author’s reference and website URL www.medjobcity.com.
Please send us e mail stating that you are posting the article on your web site.


About the Author

I own medjobcity.com, a website site for health care jobs and career information.I am a practicing physician in Pennsylvania and medjobcity.com is my 2nd job.I like to write on career related issues in health care.

 

Internal Revenue Service
The US government agency responsible for tax collection and tax law enforcement. Includes income tax forms, instructions, and agency publications.
www.irs.gov
 
Tax Information for Individuals
Access to useful information, booklets and other tools from the Internal Revenue Service.
www.irs.gov
 
Tax Center - Yahoo! Finance - Tax forms, tips and calculators.
Yahoo! Finance: Tax - Find all the resources you need for tax season. Review recent tax law changes, estimate your taxes, find tax tips and expert answers ...
tax.yahoo.com
 
Taxes: Tax Planning, Tools and Advice - MSN Money
Microsoft's Tax Preparation site, in association with Tax Server.
moneycentral.msn.com
 
Tax - Wikipedia, the free encyclopedia
Governments use different kinds of taxes and vary the tax rates: ... Taxes are most often levied as a percentage, called the tax rate, of a certain value, ...
en.wikipedia.org
 
H&R Block | Taxes, Online Tax Preparation, Tax Software, Filing ...
Offers online and in-person tax preparation and tax software, mortgages, brokerage and financial services, consumer tips and tax planning information.
www.hrblock.com
 
TaxCut Online | H&R Block | Online Taxes, File Taxes Online ...
File your Taxes online with TaxCut Online. Learn how to file taxes online here.
www.hrblock.com
 
Income Taxes, Tax Returns, Refunds, Deductions and E-File Software ...
Popular tax preparation software by Intuit. Integrates with Quicken, spreadsheets and offers state by state electronic filing.
turbotax.intuit.com
 
Taxes & Estates, Tax and Estate Planning Advice - Forbes.com
Personal Finance - Get tax and estate planning advice and information from Forbes.com.
www.forbes.com
 
Essential Links to Taxes
TurboTax Premier For Federal Returns 2005 Win/Mac, TurboTax Total Tax Solution Deluxe 2005 with State Win/Mac, TurboTax Basic 2005 Win/Mac... ...
www.el.com
 
Government > Taxes in the Yahoo! Directory
Yahoo! reviewed these sites and found them related to Government > Taxes.
dir.yahoo.com
 
Taxes - Tax News for Home and Business from CNNMoney
The latest in tax law updates, news, forms & advice from CNNMoney.com. Includes a refund savings calculator, and interactive tax lessons.
money.cnn.com
 
The Tax Foundation - Educating Taxpayers Since 1937
Devoted to educating taxpayers about tax policy and the total tax burden borne by Americans at all levels of government.
www.taxfoundation.org
 
Welcome to the Vermont Department of Taxes
Welcome to the Vermont Department of Taxes... ... Changes to Property Tax Adjustments in 2007 - updated 10/18. - Tax Expenditures Transition Report on ...
www.state.vt.us
 
Franchise Tax Board Homepage
The department that collects state personal income taxes and bank and corporation taxes for the State of California. Access to forms and tax information.
www.ftb.ca.gov
 
HM Revenue & Customs: Home Page
News and information on tax and national insurance, including downloadable leaflets and forms and the latest news on filing tax returns on-line.
www.hmrc.gov.uk
 
State and Local Tax
Piper Resources; State Tax Rates and Structure ...Federation of Tax Administrators; State Payroll Taxes Information ...Symmetry Software ...
www.taxsites.com
 
Quicken.com
www.quicken.com/taxes/ - 3k - Cached - Similar pages
 
Tax news and advice from Bankrate.com
Information on all phases of tax planning and preparation.
www.bankrate.com
 
Online Tax Advice - Tax Preparation Help - Income Tax Tips
Income Tax Tips - MarketWatch offers online tax advice and tips. ... IRS inflation adjustments mean tax break on next year's taxes. ...
www.marketwatch.com
 
 

 

Content Menu
  • 10 ways to find the money hiding in your paycheck

  • 1 001 deals and steals a guide to online classifieds

  • 23 things to say when someone wants to pick your brain

  • 33 essential year end financial tasks

  • 4 bulletproof strategies that let real estate professionals cut their federal taxes

  • 4 simple steps to reduce your taxes

  • 50 unbelievable benefits of joint venture marketing

  • 5 magic points should i buy or rent my home

  • 5 things about offshore asset protection every internet marketer should know

  • 5 ways to protect your bond portfolio from rising interest rates

  • 7 cash flow secrets your accountant never told you

  • 7 financial strategies for transitioning from salaried to solo

  • 7 secrets to writing inventory procedures

  • adjustable vs fixed rate mortgages

  • advantages and disadvantages of a reverse mortgage

  • an introduction to incorporating in florida

  • an introduction to taxes how you pay and file

  • are you an innocent victim of these popular myths

  • are you overpaying taxes if you use tax preparation software

  • are you ready to own and operate a business

  • are you tired of tenants toilets and trash

  • auto loans dont dig a money pit in your garage

  • a look at small business incorporating in florida

  • a singles game of real estate

  • a source is a source of course of course

  • bankruptcy basics

  • basic home loan terms explained

  • basic steps to start a laminate flooring business

  • beating taxes inflation

  • begging your trust in africa

  • business or hobby what would the irs call your business

  • buying a business

  • buying new construction how do i begin

  • buying overseas property

  • buy now retire later an investment in your dreams

  • cafeteria plan employee benefit should be another feather in your benefit programs cap

  • can nurses be entrepreneurs

  • chattanooga mortgage

  • child and dependent care credit can help you save on your taxes

  • coming to a business like yours webware

  • conditions are right for buying the higher priced home youve always wanted

  • control health care costs and save taxes

  • corporations failing to claim amt exemption overpay taxes by 11 000

  • corruption and transparency

  • creating time the virtual way how virtual assistants are simplifying life for small business owners

  • credit counseling or bankruptcy which is best for you

  • currencies taxes and citizenship

  • cut your taxes and receive a 5000 refund start a home based business

  • deadlines approaching for filing 1099s for independent contractors

  • death and taxes two certainties of life

  • death taxes

  • death taxes and the non automated phone systems

  • debt settlement income taxes what you need to know

  • debunking the fafsa myth

  • defining a long term investment in the stock market

  • disaster decision do you need insurance

  • dont wait for tax time to look at the bottom line

  • do the hardest thing first and the rest will be easy

  • do your own taxes

  • do you need a financial planner

  • do you pay taxes on ebay income

  • economic survival in the 21st century the three key questions to ask

  • eight ways to consolidate debt

  • email scam warnings

  • employment taxes depositing with the irs

  • employment taxes what are they

  • entrepreneurs ask what can a virtual assistant do for me

  • escrow accounts are you paying too much

  • euro tax haven threat

  • facts of day trading

  • failure to pay employment taxes penalties

  • find the right service to prepare your taxes

  • five tips for first time entrepreneurs

  • five ways to improve your bottom line

  • getting a second extension to file 2004 taxes

  • getting help with your taxes

  • get off to a great start with the right credit card

  • get real about home businesses

  • global communications and offshore company formations

  • going offshore for asset protection

  • go multinational

  • hiring a virtual assistant can help your business grow

  • home based business owners save thousands on their taxes

  • home based business taxes where to find answers

  • home based business tax deductions

  • home based business tax tips

  • home based business your ultimate tax shelter

  • home business legalities and tax advantages

  • home business tax tips

  • how can the average person build wealth in real estate

  • how much do you really need to make as a wahm

  • how to avoid getting disastrously dot conned online

  • how to check the status of your tax refund online

  • how to choose the proper entity for your business

  • how to drive the irs crazy

  • how to get an extension to file your business tax returns

  • how to make good use of spreadsheets

  • how to make the most of an at home money making business opportunity

  • how to maximize your home business tax deductions for 2005

  • how to minimize your taxes on wealth

  • how to qualify a buyer

  • how to raise money for starting a business

  • how to realistically set your fees part 1

  • how to realistically set your fees part 2

  • how to realistically set your fees part 3

  • how to realistically set your fees part 4

  • how to refinance your home

  • how to save taxes with an s corporation

  • how to set up a pre tax insurance cafeteria plan benefit

  • how to start a house cleaning business in 7 simple steps

  • how to start a successful business

  • how to start investing for financial independence part 1

  • how to start investing for financial independence part 2

  • how to start your own business and be successful

  • how to touch the hands of greatness

  • how to turn business losses into cash flow

  • how to use outsourcing to beat your competition

  • hurricane katrina how to use your business loss to get a refund on 2004 taxes

  • identity theft is your business at risk

  • index

  • innocent spouses relief from taxes

  • insiders guide to snaring the best lease deal

  • international shipping freight for dummies

  • international support microsoft great plains var partner selection overview for v p it

  • internet marketing and your old age

  • interview with ron mead the secret goldmine of probate real estate

  • investors avoid these 5 common tax mistakes

  • is 100 annual return on investments possible with low risk land investments

  • is vacation rental ownership your business opportunity

  • is your business idea feasible

  • ive heard about facta what does it mean

  • i cant pay my taxes what do i do

  • i wanna hold your hand first time homebuyers

  • keeping your businesss finances on track

  • keeping your own money not handing it over to the taxman

  • keep more of what you make start a home based business

  • little known tax deductions that can save you big

  • local taxes

  • long term energy outook

  • look past the bottom line for a propertys investment potential

  • look past the bottom line for a propertys potential

  • love the thrill of risk invest in an annuity

  • military reservists enlistees may get deferral of back taxes

  • monaco might lose its status of personal income tax haven

  • my house is the best contest is over

  • my top ten tips for selling travel on ebay

  • negotiating real estate deals to win win

  • new trends create an alternative to hiring employees

  • nine advance networking skills for seasoned networkers

  • no income verification home equity loan

  • nursing shortage here is what some hospitals are doing

  • online home equity loans a basic glossary

  • outsourcing and your business

  • payroll taxes

  • personal training 3 keys to training clients in their homes

  • personnel records the paperwork nightmare

  • preparing for your tax interview the what to bring checklist

  • professional transcription and your business

  • protecting the tax advantage of your deferred compensation

  • real estate auction action buying a home at auction

  • real estate closing costs exposed

  • real estate investors dont close your eyes to closing costs

  • real estate investors remember the impound cash

  • real estate remains a strong investment

  • reducing debt before its too late how to avoid the pitfalls of creeping debt

  • relocating for retirement which realtor can help you

  • review small business taxes made easy

  • rotator

  • rrifs death taxes

  • save money on taxes double your income now with tax saving tips on deductions

  • selling your business a tool to reduce taxes

  • selling your technology company why earnouts make sense today

  • sell a business deal structure and taxes

  • seven key tax deductions for the self employed

  • seven ways to save on taxes next year

  • shocking experienced copywriter reveals little known secrets to closing big ticket deals

  • single and multi owner llc taxes

  • small business tax deductions for year end 2004

  • small business tax tips product review of tax reduction toolkit

  • small business valuation primer

  • so you want to be a freelancer heres how

  • starting a business what new and existing business owners should know

  • state taxes

  • student credit cards 101

  • student home purchase plan

  • success tip making your business look bigger to your customers

  • survey says telecommuting ranks high on job seekers list

  • take back your time

  • taxes as a competitive advantage in the global economy

  • taxes made easy for your home based business

  • taxes taxes taxes who really pays the most

  • tax advantages in a home business

  • tax trap 1 waiting to incorporate what a difference a date can make

  • ten steps to mlm success

  • ten ways to become a mulitmillionaire

  • the 8 biggest mistakes when designing portfolios and how to avoid them

  • the basics of business record keeping

  • the benefits of incorporating in florida

  • the benefits of incorporating your business

  • the business failed but did you

  • the cost of going public in the united states

  • the millionaires favorite author

  • the most overlooked way to legally decrease taxes in 2005

  • the secret science of online shopping

  • the seven cs partnership danger signs the 5th c control issues

  • the true cost of self employment

  • things your mother never told you closing costs

  • this year try using tax software to file your taxes

  • tips and simple guidelines on how to calculate payroll taxes

  • top 10 things to consider on home loans

  • truly bizarre taxes the tax on illegal drugs

  • uncle sam is ready are you organizing tips for tax time

  • understanding employee taxes

  • understanding financial statements when approaching lenders

  • use your cell phone trial period to test your plan here are some guidelines

  • venture leasing a smarter way to build enterprise value

  • virtual assistance a money saving opportunity for employers

  • virtual assistance for healthcare professionals

  • wealth creation and mortgage planning two great tastes that taste great together

  • whats it worth

  • what are the taxes on earnings

  • what does extending your taxes mean to you

  • what is a home based travel agent

  • what is the best entity

  • what is the key to slashing your taxes

  • what to expect in closing costs on a home purchase

  • who wants to be a millionaire

  • why a collection agency is your small businesss best friend

  • why does facta matter to me

  • why one should chose a network marketing home base

  • why pay taxes see how not to just kidding

  • why small businesses fail or fail to thrive

  • why to start business in ukraine

  • why work from home

  • working with your real estate attorney

  • work from home in 3 easy steps

  • year end tax planning and preparation for businesses tax tips for 2004