|By PR Newswire||
|August 5, 2014 03:30 PM EDT||
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.
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.
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
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Aug. 4, 2015 07:00 AM EDT Reads: 222
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Aug. 3, 2015 11:30 PM EDT Reads: 253
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Aug. 3, 2015 11:00 PM EDT Reads: 696
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 3, 2015 06:45 PM EDT Reads: 538
Learn how you can use the CoSN SEND II Decision Tree for Education Technology to make sure that your K–12 technology initiatives create a more engaging learning experience that empowers students, teachers, and administrators alike.
Aug. 3, 2015 05:45 PM EDT
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Aug. 3, 2015 04:00 PM EDT Reads: 281
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
Aug. 3, 2015 03:45 PM EDT
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 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 session at 17th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships at Com...
Aug. 3, 2015 03:30 PM EDT
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The database is the heart of most applications, but it’s also the part that’s hardest to scale, monitor, and optimize even as it’s growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
Aug. 3, 2015 03:15 PM EDT
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Aug. 3, 2015 03:00 PM EDT Reads: 563
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Aug. 3, 2015 12:30 PM EDT Reads: 212
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Aug. 3, 2015 09:45 AM EDT Reads: 374
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Aug. 3, 2015 07:30 AM EDT Reads: 196
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Aug. 2, 2015 06:00 PM EDT Reads: 1,143
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Aug. 2, 2015 04:00 PM EDT Reads: 442