Home Health Staffing: Managing Labor Costs

Home Health Staffing: Managing Labor Costs

Home health staffing: Managing labor costs

Benefits. Payroll taxes. Base salary. Paid time off. Orientation. Ongoing training.

These are just a few of the many expenses home health agencies must account for when hiring a traditional employee. What’s more, hiring costs are not cheap. According to recent Society for Human Resource Management data, the average cost to hire an employee is $4,129, and it takes about 40 days to fill a position.

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An aging U.S. population meets home healthcare labor shortages: Are you ready?

An aging U.S. population meets home healthcare labor shortages: Are you ready?

The United States is getting greyer. According to the U.S. Census Bureau, the median age over the next four decades is expected to increase from 38 to 43 years old. Even more, Pew Research Center analysis shows that over the next 10 years, 10,000 baby boomers will reach retirement age daily, helping expand the already-$100 billion U.S. home healthcare market to $225 billion annually, according to a Health Industry Distributors Association forecast.

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