Benefits play key role in recruiting nurses

Area of Science:

• Healthcare Management
• Human Resources

Background:

• The persistent nursing shortage necessitates innovative recruitment strategies.
• Healthcare organizations are increasingly offering comprehensive employee benefits to attract and retain nursing staff.

Purpose of the Study:

• To examine the range of cash and noncash incentives used in nursing recruitment.
• To highlight the importance of financial analysis for these benefits.

Main Methods:

• Review of current recruitment practices in healthcare.
• Analysis of various incentive types (e.g., bonuses, educational loans, parking, childcare).

Main Results:

• A wide array of financial and non-financial benefits are employed to attract nurses.
• Benefits range from direct financial aid to supportive services.

Conclusions:

• Financial managers play a critical role in evaluating the financial viability of recruitment incentives.
• Understanding the cost to employers and tax consequences for employees is essential for effective benefit package design.