Many companies, across industries, are struggling with high rates of employee turnover. Nicknamed the Great Resignation, many employees are leaving their current jobs for something that better fits their needs. As staff attrition rates climb, you probably spend a tremendous amount of time and money on rehiring and re-training physical therapists.
High attrition rates are causing organizations to struggle with the high costs of employee replacement. However, you can retain your top physical therapists during this time of unprecedented resignation. You can implement resources and programs to make your team members feel like they have value for your organization. Here is how to retain top employees.
How to Retain Your Top Physical Therapists
Onboarding and Orientation
The first step to retention should start on an employee’s first day. Onboarding should have a purpose and focus. It is an excellent time to standardize knowledge of the company, culture, and how an employee’s position fits into the mission. When you onboard and orientate an employee correctly, you get a comfortable, motivated worker who is more apt to stay put.
Assign a new hire a mentor and they will likely have an edge in adjusting to the company culture. Mentorship allows the employee to ask questions, learn more about the organization, and discuss any issues. The guidance that a mentor provides to a mentee helps them feel confident in their role, increasing their chances of retaining them as employees. Additionally, leadership training program can be a fantastic resource for creating solid mentors.
Creating clear career paths for employees with educational opportunities and career advancement resources helps with staff retention. Consider options such as tuition reimbursement and a budget for continuing education. Another way to help employees is to offer training and learning sessions during their workday to help them develop without putting in extra hours.
Competitive Salary and Benefits
Money talks. Highly skilled workers are more likely to stay in your organization if they receive adequate compensation. When considering compensation, include skills, experience, supply and demand, and geographical location. Also, perks do not stop with pay either; a robust benefits package including health insurance and educational reimbursement can help to attract and retain staff. Another way to determine the correct salary and benefits to offer, is to do an anonymous survey of your current staff to see what they would like to see improve.
Job satisfaction develops when you engage and recognize your staff. You should make an effort to engage with your physical therapists at every level. Provide leadership training, professional development, public recognition of accomplishments, and regular team celebrations. Additionally, engagement events allow your staff to bond with each other outside of their typical work day. Strong co-worker relationships also help employees feel connected and satisfied with their job.
Work That Has Meaning
Meaningful work makes happy employees want to work better. It makes your staff want to advance their careers within your organization. You can get your team excited with a transparent, constructive, and meaningful onboarding process. Also, ensure that employees understand the bigger picture and how their work fits into that picture. Additionally, if you provide background on meaningful work, and you will set a foundation for employee satisfaction.
Need Help Finding Top Physical Therapists?
MyPTsolutions offers an assortment of placement solutions. Additionally, the professionals at myPTsolutions understand the physical therapy industry. With 36 years of experience, we are uniquely qualified to address your staffing needs. Reach out today to find the best employees for your practice.