Grace Healthcare Lowers Turnover and Increases Compliance by Using Vikus New Hire Management



Similar documents
Healthcare Recruitment: Facing the Sequester Slash Costs and Cost-to-Fill

BETTER HIRING, BETTER SERVICE. How an ATS Saves Service-Industry Employers Time and Money

MONSTER ONBOARDING GET YOUR NEW HIRES WORKING

Top Tier Staffing, LLC. General Information

How to Select, Manage & Implement an RPO

P rovi di ng th e tale nt that dr ive s you r b us i n e s s s uc ce s s

HIRING MANAGER ONBOARDING GUIDE

Introduction. Save time. Develop Talent Pools. increase candidate care

ORACLE TALEO: COMPLETE CLOUD TALENT MANAGEMENT SOLUTION. Cyril Kayem HCM Principal Sales Consultant Oracle Middle-East & Africa Operations

Why turnover is not just an HR problem: The Financial Impact of Turnover

How To Use An Applicant Tracking System

Recruitment and Selection

Stop guessing and start making smarter decisions about your workforce INCREASE YOUR TALENT IQ CORNERSTONE INSIGHTS

Strategies for Improving Schedule Adherence. How to Realize the True Value of Workforce Management

Energy Recruitment Technology Increase Your Hiring Performance with the Ultimate Checklist

Retail: Tips for Reducing Recruitment Costs Increase Your Hiring Performance while Decreasing Cost-to-Fill

PI WorldWIde recruitment and retention trends survey Q2 2015

Research. Efficient Talent Acquisition through E-Recruitment

2014 MCQUAIG GLOBAL TALENT RECRUITMENT SURVEY

Recruitment forecasting. Employer branding. Sourcing strategies. Selection processes. Assessment methodologies. On boarding of new hires

Anchorage School District

THE EVOLUTION of Talent Management Consulting

Controlling Leadership Talent Risk: An Enterprise Imperative. By Seymour Adler, Senior Vice President and Amy Mills, Vice President

Competency isn t a Four-Letter Word

Build a World-Class Human Resources Department with Document Management Software

Halton Healthcare Services Corporation Workforce Planning at Halton Healthcare Services

Redefining RPO: Comprehensive Talent Solutions Changing the Employment Landscape

Executive Brief: What Factors Influence Cost-per-Hire?

HR as Profit Center = Smart Hiring + Tax Credits

5 Common MYTHS about Applicant Tracking Software

Successful EHR Usage. It s not about the bits and the bytes, nor the size of the practice. Practice culture drives EHR success.

MANAGING THE EMPLOYEE LIFECYCLE

Strategic Advice from Top-Performing Brands. Global Recruitment Advice

Job Posting Process Overview

White Paper: Using the LDP for Recruiting and Selection

OBJECTIVES. To discuss what succession planning is. To discuss what succession planning is NOT. To discuss why is succession planning needed?

Define a Clear Path to Your Talent Management ROI

TARGETING RECRUITMENT PROCESS OUTSOURCING

Recruitment Process Outsourcing Methodology Statement

Onboarding Connect2Milliken

The Case for Urgency in Addressing Staff Retention

potential conflicts may arise. Being a supervisor to other nursing assistants creates another layer of reporting to the already very hierarchical

How Outsourcing Significantly Reduces Accounts Receivables, Improves Collections and Decreases Denied Claims...All Within 30 Days

WHITE PAPER. Remedy Your Scheduling Pains and Meet Financial, Clinical, and Operational Goals

EFFECTIVE RECRUITING

Apheresis Program Management. Laura Collins BSN HP(ASCP) Assistant Manager DeGowin Blood Center University of Iowa Healthcare

Simplified! Human Resources. We deliver web based applications that bring Human Resources Management one step ahead

Question # Multiple Choice True/False

recruitment & human resources organizational analysis review & industry best practices

IS A STAFFING COMPANY REALLY WORTH IT?

The True Cost of a Bad Hire. Research Brief

Contact me personally at (941) (direct) or send me a message on the web form below.

Surveying the New World of Work

BUSINESS PERFORMANCE GUIDE

Chad V. Sorenson, SPHR HR Tampa Conference & Expo November 6, 2013

HR SOLUTIONS RECRUITING FOR A NEW AGE

10 Must-Track Metrics in Talent Acquisition

07/18/2011. sodexousa.com

MANAGING THE STUDENT REQUISITION PROCESS

INTEGRATE CHANGE INTO YOUR WORKFORCE STRATEGIC TALENT MANAGEMENT SOFTWARE SOLUTIONS

Achieving Workforce Optimization: Merging Strategy and Technology

ANNUAL VIRTUAL WORK SURVEY 2014 SURVEY RESULTS VIEW THE RESULTS

Are you diluting the value of your outsourced recruitment process?

Lawson Healthcare Solutions Optimization of Key Resources Forms a Foundation for Excellent Patient Care

Human. Rısk. By Matt Shadrick and Seymour Adler, Ph.D., Aon Consulting Worldwide

TriSys Business Software, Trinity House, Cambridge Business Park, CB4 0WZ Tel:

Best Practices in Workforce Demand Forecasting

Experience the benefits of a unique opportunity in a growing 100 billion dollar a year industry.

HELPING YOU GET ON WITH BUSINESS

THE RECRUITING GAME WITH AN AIRTIGHT ACTION PLAN

Why Choose the Oracle Taleo Recruiting Cloud?

DOING ONBOARDING RIGHT HOW TO WELCOME YOUR NEW HIRES SO THAT THEY STAY

Hiring Brown. A Guide to the Staff Hiring Process and Best Practices

Free Clinic / Nurse Practitioner Model. Models That Made It

G&A Onboarding. G&A Partners Human Capital Solutions

Standards Based Competencies for School Human Resources Departments. As examined by AASPA, American Association of School Personnel Administrators

OUR SERVICES. Koen van Gurp Director TALENTSQUARE SDN BHD

What We Do. What can ASHR do for you?

2016 Baker s Dozen Customer Satisfaction Ratings: Managed Service Programs

Tapping into the Recruiting Power. Employees. Tapping into the Recruiting. of Existing. Employees. a Recruiting Trends white paper, sponsored by

BUSINESS CONSULTING SERVICES Comprehensive practice management solutions for independent investment advisors

5 Ways to Simplify Your Human Capital Management System

2013 NASCIO Recognition Award Submission Arkansas State Jobs Improving State Operations

JOB DESCRIPTION FORM. Location: A1

Onboarding A New Look at New Hires. April 2013 Madeline Laurano

THE IMPACT OF A NURSING TRANSITIONS PROGRAM ON RETENTION AND COST. Rhonda R. Foster, Ed.D,MPH,MS,RN,NEA-BC Lynne A. Hillman, MEd,BEd,BScN

Baby Boomer Workforce Cliff

2013 IONL Registered Nurse Practice Survey/Workforce Issues

Corporate Policy and Procedure

System is a not-forprofit

Prestige Staffing Personnel is locally owned and operated and has continuously provided

IN THE. Keys to Keeping Today s On-the-Go Workforce

Vd.11ETS. Supervisor Guide to Onboarding Veterans and Military Service Members. U.S. Department ofveterans Affairs YOUR GATEWAY TO VA CAREERS

Supervisors Guide to Induction and Onboarding

Talent Management Courses

Helping employers create lasting employee relationships

quadrant payroll QUADRANT HELPS YOU DELIVER TIMELY, RELIABLE, AND ACCURATE PAYROLL TO YOUR STAFF. KEY FEATURES

March Recruitment Services Recruitment Process Outsourcing (RPO)

Paperless employment applications ease the hiring process.

HIGH IMPACT RECRUITING HIRE HIGHLY ENGAGED EMPLOYEES SMART & STRATEGIC WAYS TO. High Impact Talent Management

Transcription:

Grace Healthcare Lowers Turnover and Increases Compliance by Using Vikus New Hire Management Company Background Grace Healthcare is a privately owned healthcare organization that owns and manages skilled nursing, assisted living, and rehabilitation facilities across the United States. They manage 47 facilities in 11 states and emply over 4,000 people.

Business Challenges Grace Healthcare encountered hiring challenges inherent to an organization of their size and scope. While each individual facility hired for their own staff, it was important for Grace Corporate to provide tools for the hiring process to ensure consistency and compliance. They realized that the use of technology was the only way to achieve the results they needed. Given that staffing costs account for over 50% of their total nursing home operating expenses, an investment in technology for their hiring process made fiscal sense. Grace Healthcare desired a solution that would address the following needs: Increase the flow of qualified applicants. Provide an automatic way to objectively evaluate each applicant so that the hiring manager spends their valuable time on the right candidates. Identify and ensure that appropriate due-process would be completed on all new hires. Finally, Grace needed a better, more efficient way to complete and manage all their new hire paperwork. Since nursing homes are subject to strict government scrutiny and on-site inspections without notice, having quick easy access to all employee forms can save one facility literally thousands of dollars in government fines. Challenges Industry highly regulated by the government. Multiple facilities across the country in need of a systematic approach for hiring. Staff turnover rates near 50%. Why Vikus? Designed and configured for Senior Care Providers. Simple and easy to understand user interface. Assessments embedded in the software provide a way to objectively rank applicants. A consistent and repeatable system across multiple locations.

Grace Deploys Vikus Beginning in May 2010, Grace Healthcare implemented Vikus New Hire Management. The implementation process was completed and rolled out to their 47 facilities in 90 days. Vikus provided Grace with a branded hiring platform. This allowed Grace to access many more potential applicants they never had access to before, dramatically increasing both the size and quality of their applicant pool. Potential applicants would create accounts and fill out applications which were submitted and reviewed electronically. Job postings were created by facility hiring managers based on vacancies or new position needs. Applications could be collected for positions not currently open if desired, keeping the pipeline full for positions with the highest turnover. Applicant administration was also handled online. Grace issued user accounts for all hiring managers in the organization, at both the facility and corporate levels. Account permissions were customized ensuring users accessing the system would view and administer only applicants in their department. Vikus has revolutionized our entire HR function by providing a platform for hiring that connects all our facilities and allows them to make independent hiring decisions. We have reduced new hire turnover every year since we implemented in 2010. -Tracy Surdyk, Director of Human Resources, Grace Healthcare Once jobs were posted and applications received, the hiring manager viewed a ranked list of candidates based on their results on two objective assessments. Each job had a specific checklist designed to help the hiring manager properly complete the review process. Job specific interview guides provided through Vikus helped hiring managers know what questions they should ask; ultimately ensuring they make the best hiring decision. Once hired, new employees completed all onboarding forms online. These forms were electronically signed by the employee prior to the first day of employment and stored for future access.

Grace Sees Reduction in Turnover and Increased Compliance One of the best objective measures of the hiring process is to review New Hire Turnover (turnover which happens in the first 90 days). New Hire Turnover is the most costly to any organization and is the part of turnover that is most closely associated with the hiring decision. It is typically said that if an employee turns over in the first 90 days, we simply made a bad hire. Using data compiled over a 3-year period, Grace s New Hire Turnover was calculated and compared against their pre-vikus performance. Before implementation, Grace s New Hire Turnover for 2009 was 45% (55% retention). While still lower than the industry average, there was still room for a great deal of improvement. And considering the average cost of replacing a CNA is estimated as $2,000 and an RN as around $7,000, even a small reduction in turnover would have a significant impact on the bottom line. Key Results New Hire Turnover reduced from 45% to 28% in 2 years. Turnover related costs reduced over $1,000,000 per year. Increased efficiency with new hire paperwork saved an average of 45 minutes per hire. More applicants for each position reduced time-to-hire and allowed for increased selectivity. The results were staggering. Grace s New Hire Turnover for 2010 was 36% (which is a 20% reduction). Grace s New Hire Turnover for 2011 was 28% (which is a 38% reduction). Grace s New Hire Turnover for 2012 remained 28%.

With the help of assessments, job specific interview guides, and hiring checklists, Grace Healthcare was able to achieve this meaningful and significant turnover improvement. This 38% reduction saved Grace an estimated $1,158,000 (assuming the cost of 1 New Hire termination to be $2,000). Each candidate had an initial checklist associated with their job specific application. Hiring managers complete the checklist to ensure they do not miss any steps required in reviewing a potential candidate. For hired employees where the checklist was above 90% complete, the retention rate was 68%. This was 19% above the company average. Overall, when looking at candidates where all three superior selection criterions were met, the retention rate was 79%. Clearly, when hiring managers took full advantage of the Vikus Hiring Platform, the results were impressive. And given the high costs of turnover and the fixed nature of a majority of nursing home revenue (Medicare), this improvement had a direct, positive impact on Grace s bottom line. We have found Vikus to be a very useful tool in our human resources processes. Vikus allows the user to easily navigate and have one stop from posting open positions to hiring to onboarding new employees. it has made the management of our process much easier and much more consistent. - George Brewer, Facility Administrator, Grace Healthcare