However, when comparing the training costs of implementing a more robust training system in comparison to the costs of continuously loosing a large percentage of the workforce, it becomes even clearer that more training is the better cost.
With so few nurses available, it is only a matter of time until the quality of care in the United States is negatively affected. With one of the largest demographics, the baby boomers, approaching old age where they would need quality care, many are left wondering how our healthcare organizations will handle such massive nursing shortages with such massive patient surges. One thing is clear, more on-the-job training is an absolute must in order to help provide a more supportive environment for today's new nurses and to help keep retention levels as low as humanly possible.
References
American Organization of Nurse Executives. (2002). Acute care hospital survey of RV vacancy and turnover rates in 2000. ANE. Retrieved December 4, 2009 from http://docs.google.com/viewer?a=v&q=cache:S_w0nfXHrh8J:www.wha.org/workforce/pdf/aone-surveyrnvacancy.pdf+rate+of+nurse+turnover+rates&hl=en&gl=us&sig=AHIEtbS1VTn1M6jnn399pOORJSeEHKzwKA
New America Foundation. (2009). Quality: on-the-job training lowers turnover rate of nurses. Health Policy. Retrieved December 3, 2009 from http://www.newamerica.net/blog/new-health-dialogue/2009/quality-job-training-lowers-turnover-rate-nurses-10151
Rosseter, Robert. (2009). Nursing shortage fact sheet. AACN Media. Retrieved December 4, 2009 from http://www.aacn.nche.edu/Media/FactSheets/NursingShortage.htm
Science Daily. (2007). What turn over rate should we expect with registered nurses? Science Daily. Retrieved December 4, 2009 from http://www.sciencedaily.com/releases/2007/08/070829102051.htm
Thomas Group. (2009). Nursing retention. Industry Insights. Retrieved December 4, 2009 from http://www.thomasgroup.com/eLibrary/industry-insights/Healthcare-and-Life-Sciences/Nursing-Retention.aspx
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