One of the reasons HCAOA partners with CareerPlug to support members in recruiting and hiring caregivers is because they conduct original research that analyzes hiring and retention trends. Many agencies have heard of the “Great Resignation” and experienced record levels of turnover. CareerPlug asked hourly employees what they think about their current compensation and what they expect in future pay, and summarized the results in the “2022 Hourly Workers Compensation Expectations Report.”
The report found that 55% of hourly workers are planning to seek new employment in order to get a pay increase in 2022. 67% of that group said they plan to seek new industries or fields. When CareerPlug specifically looked at healthcare respondents, 91% seeking a raise said they are looking for opportunities outside of healthcare.
When it comes to hourly workers, compensation satisfaction varies. However, whether those workers are satisfied or not, most are still seeking an opportunity to increase their pay. Many of those seeking to increase their pay are willing to leave their current field to do so.
Click here to view the full report.
This research points to a few different actions that agency owners can take to improve employee satisfaction and retention. This includes finding out how your compensation compares to others in the same industry, offering competitive employee benefits to supplement compensation, and implementing more pay transparency in your workplace.
Hiring the right caregivers could be the difference between your home care agency just getting by and thriving. A reminder that every HCAOA member organization receives a FREE 30-Day CareerPlug PRO Trial. After that, you pay just $95 per month for full access – a discount from the regular rate of $189. Career Plug offers:
Email email@example.com to learn more about what career tools are available to HCAOA members.