Deep Dive: Workforce Development - Increase Employee Engagement and Tackle the Turnover Nemesis

Page 1

Increase Employee Engagement and Tackle the Turnover Nemesis Sponsored By:


Increase Employee Engagement and Tackle the Turnover Nemisis

Co-Presenter: Mike Jones President & Master Trainer Discover Leadership

Co-Presenter: Mark Woodka Chief Executive Officer Onshift


The Workforce Shortage Does Not Exist! FAKE NEWS

Mark Woodka, CEO OnShift


YOU’RE FEELING THE PAIN

Speed to fill jobs

Turning away residents

Unexpected move outs

1

2

3


LET’S LOOK AT THE NUMBERS

JAN 2018

4.0%

JAN 2019

UNEMPLOYMENT RATE

1.13M openings 619K hires 577K separations

1.37M openings 664K hires 522K separations


1,300,000

75%

1,100,000

12.8%


Three Equal Shifts Why do we do this?

24HRS

8HRS

8HRS

?

IT’S PERFECT! SEEMINGLY, THE DAY DIVIDES INTO 3 PERFECT UNITS.

WE’RE BUSIEST IN THE MORNINGS AND EVENINGS.

WHY NOT ADD SHIFTS TO ACCOMMODATE DEMAND?

DON’T HAVE ’EM TWIDDLING THEIR “THUMBS”.

8HRS


Employee Utilization is a head scratcher

77% FULL-TIME STAFF UTILIZATION RATE

hours worked

hours available

+$ BENEFITS, OVERTIME & AGENCY USE


LET’S TALK:

OUTDATED PRACTICES “WE CAN’T FIND CANDIDATES!” CRAIGSLIST Placing ads online

YARD SIGN

Hoping for a drive-by

Job Boards

To o m a n y j o b postings


HIRING EXPERIENCES (OLD VS NEW)

• Waiting days to process applications

• Immediate responses to interested candidates

• Called and left voicemails

• Secured interviews via text


JAN 2019

664K HIRED

522K SEPARATED


Calculating The Cost Of Turnover ItExample Adds Up $3,500,000 $1,785,000 1,000 $3,500

• 1,000 employees Advertising • Medical & drug screenings 51% annual turnover • Background checks • Vacancy costs – Overtime & agency usage • Onboarding & training


Understanding Your Employees’ Needs

48% OF EMPLOYEES

74%

OF MILLENNIALS

80%

…are more likely to stay with a company that acts upon their feedback

…expect their employers to provide flexible schedules

…want feedback in real-time vs. a traditional performance review

OF EMPLOYEES

70% OF EMPLOYEES

…cite some degree of financial stress


“I have good ideas but no one listens”

Voice Of Employee

ANNUAL SURVEY

PULSE SURVEY

Antiquated and unable to

Light, fast and frequent. Get

keep pace with the turnover

instant and relevant feedback

in our industr y.

from your employees from their mobile device.


Employees Want To Feel Valued •

Recognition & rewards help employees work towards organizational goals

Workers that don’t feel valued are TWICE as likely to quit in the next year


IT WORKS! $200 $200

Fast access to earned wages Powered by

67%

Reward contributions

Automated points-based system recognizes great work

Gather employee feedback

Pulse surveys capture employee satisfaction and feedback in real-time

REDUCTION Best-fitIN schedules TURNOVER Promote work-life balance with flexible scheduling


DEDICATED TO LONG-TERM CARE & SENIOR LIVING

Crazy Good Software

Purpose-built for providers to better recruit, hire, schedule, engage & retain employees

5,000 Communities & Counting Work in collaboration with clients to introduce solutions to solve workforce challenges in senior care

Argentum Workforce Development Partner We work together to develop data -driven research, innovative resources and best practices


MEET THEM WHERE THEY ARE


DOMINANT

INFLUENCING

FAST PACED TASK ORIENTED 10%

FAST PACED PEOPLE ORIENTED 15%

CONSCIENTIOUS

STEADY

MODERATE PACED TASK ORIENTED 15 %

MODERATE PACED PEOPLE ORIENTED 60 %



Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.