Welcome!

News Feed Item

Healthcare Workers' Confidence Climbs for Second Consecutive Quarter

ATLANTA, Aug. 5, 2014 /PRNewswire/ -- U.S. healthcare workers' confidence levels continue to improve, rising for the second consecutive quarter to 59.8 from 58.0, according to the Randstad Healthcare Employee Confidence Index. The online study among 157 healthcare employees, which included physicians, nurses, healthcare administrators and other healthcare professionals, was conducted by Harris Poll on behalf of Randstad Healthcare. Alongside improvements in overall employee confidence levels, more healthcare workers also believe the economy is getting stronger and are much more confident in the future of their employer this quarter.

Representing the largest increase quarter-over-quarter among the index measures, healthcare workers' confidence in the future of their current employer jumped 17 percentage points, from 54 percent in Q1 to 71 percent in Q2. Meanwhile, similar gains were seen this quarter in healthcare professionals' sense of job security, with eight out of every 10 workers (81%) saying it is not likely they will lose their job in the next 12 months—a nine percentage point increase.

One of the largest challenges confronting healthcare organizations is managing costs. With health insurance exchanges giving people more access to medical care, it could lead to tremendous cost pressures for our nation's healthcare systems. In fact, according to the 2014 Healthcare Workplace Trends and Salary Guide, 41 percent of healthcare executives report challenges with operating cost management. As such, providers are examining their overall cost structure and deciding whether to provide certain functions internally or outsource them – including telecommunications contracts, real estate, shared services and staffing, according to Deloitte Consulting LLP.

"We are seeing many of our healthcare clients address a need for cost control through re-examining their staffing model and utilizing a mix of part-time, contract, temporary and full-time workers," said Steve McMahan, President of Randstad Healthcare. "In addition, the labor shortage has required many healthcare organizations to turn to staffing experts to supplement their recruiting methods, or outsource their recruitment process in whole or part. Not surprisingly, the U.S. healthcare staffing market is projected to grow seven percent in 2014, to $10.5 billion, significantly exceeding the four percent growth we saw in 2013."

The Randstad Healthcare Employee Confidence Index also found continued optimism in healthcare workers' ability to find a new job, with six-in-10 (61%) indicating confidence in their ability to do so this quarter—the same level of confidence as measured in Q1. This outlook may be partly due to many of the country's largest healthcare employers struggling to address an issue of understaffing in their facilities.

"Understaffing is an issue that affects all healthcare organizations across the country right now, most notably in VA facilities where steps are being taken to hire nurses and doctors with an infusion of $500 million government funding," McMahan said. "When medical facilities are understaffed, there are high costs including low staff morale, high stress, patient diversion, decreased patient outcomes and satisfaction. Given the importance of maintaining adequate staffing levels, while addressing the need to contain costs, the opportunities for healthcare workers, both full- and part-time, are growing." 

Q2, 2014 Survey Highlights:

Healthcare Workers' Job Security Very High

  • Rising nine percentage points, 81 percent of healthcare workers say it is not likely they will lose their jobs in the next 12 months, compared to 72 percent in Q1 of this year.

Further Decline in Number of Healthcare Workers Looking For New Job

  • In the next 12 months, only 28 percent of healthcare workers say they are likely to look for a new job. This was a further decline from 33 percent in Q1, and from 46 percent in Q4 2013.

Confidence in Finding a Job Remains Unchanged for Healthcare Workers

  • In the second quarter of 2014, less than half (44%) of healthcare workers believe fewer jobs are available, a decline of four percentage points from Q1 2014. Representing no change quarter-over-quarter, 61 percent of healthcare workers indicate they are confident they could find a job in the next 12 months.

Healthcare Workers' Optimism about Economic Strength Improves Slightly

  • The number of healthcare workers who say the economy is getting stronger rose two percentage points this quarter to 31 percent. Thirty-three percent of healthcare workers believe the economy is staying the same, while more than one-third (37%) believe it is getting weaker.   

For more information about workplace trends related specifically to the healthcare industry, view our Workplace Trends and Salary Guide.

Survey Methodology
This survey was conducted online within the United States by Harris Poll on behalf of Randstad Healthcare from April 7-9, May 8-12 and June 4-6, 2014 among 3,352 adults ages 18 and older, of which 157 are employed in healthcare, which included physicians, nurses, healthcare administrators and other healthcare professionals. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact [email protected].

About Randstad Healthcare
Randstad Healthcare is one of the largest healthcare staffing firms in the U.S. and offers market leading, all-inclusive healthcare staffing solutions. Randstad Healthcare has been matching healthcare professionals with career opportunities at America's top healthcare facilities for over 25 years. From large hospital systems and rural medical centers, to physician groups, insurance companies, clinics and Fortune 500 companies, Randstad Healthcare offers full-service staffing capabilities, including physicians, nurses, advanced practice, case management, allied health and vendor managed services. For more information, please visit www.randstadhealthcare.com.

About Randstad
Randstad US is a wholly owned subsidiary of Randstad Holding nv, a $22.0 billion global provider of HR services. As the third largest staffing organization in the U.S., Randstad holds top positions in permanent placement, office and administrative, IT and accounting and finance. From professional services, commercial staffing, recruitment process outsourcing, to managed services and more, Randstad delivers a comprehensive range of temporary, temporary-to-hire, permanent placement and outsourced placement services. With its 5,324 employment experts, Randstad puts an average of nearly 100,000 people to work in the U.S. each week, through its network of more than 900 branches and client-dedicated locations.

Learn more at www.randstadusa.com and access Randstad's panoramic U.S. thought leadership knowledge center through its Workforce360 site that offers valuable insight into the latest economic indicators and HR trends shaping the world of work.

 

SOURCE Randstad Healthcare

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to maximize project result...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, Head of Global Sales at Cloud Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessio...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.