Study Shows Executives Fear Talent Shortage

PUBLISHED
June 30, 2020
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As the new decade unfolds, old problems are following health care executives. A recent study has shown that the staffing problems that plagued health care executives throughout the 2010s are still top-of-mind for executives around the world. Every industry is expecting a shortage of talent available for hire. How will this affect an industry that has already been grappling with short-staffed facilities and a dwindling talent pool for over a decade?The study, published by The Conference Board, shows that worldwide, CEOs cited attracting and retaining talent� as the number one internal problem facing businesses this year. With the global economy in a strong, if uncertain, state, the labor market has shrunk, leaving businesses struggling to find the talent they need. The concern of finding qualified talent outpaces even the concern for developing innovative products and cultures, something that will surely impact the future of many companies.Health care, and nursing in particular, is particularly susceptible to shortages in the talent pool. With less than 1% of US citizens practicing as nurses, a lengthy process to become an RN, and an insufficient number of nurse educators, the talent pool for this profession could be at the highest risk for shortages. All of this will have healthcare executives losing sleep over nurse burnout and lessened patient outcomes.If you're looking for a way to future-proof your facility, get in touch with us at PassportUSA. We work with healthcare facilities across the country to safeguard against shortages in the U.S. healthcare professional workforce. Click below to get in touch with us.

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