Lost Training Investment
How much are you spending to train caregivers who leave?
Every year, home and community-based care experiences extremely high turnover rates among employees. In private duty care, the turnover rate hovers around 65 percent. Most of this turnover occurs in the first 90 days of employment—a time when onboarding and training expenses are highest.
Organizations who are able to create a strong onboarding and learning experience experience higher employee satisfaction. Doing so minimizes the cost to train employees who leave the business.
How many caregivers do you want to hire this year?
The average cost to onboard new caregivers (training, etc.)?
How many caregivers will turnover in first 3 months?
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The impact of caregiver turnover
Expected Caregiver Hiring
Cost to train a New Caregiver
Expected to Turnover
Sunk cost training caregivers who will leave
Want to learn more about how HCP improves
employee training and satisfaction, while reducing turnover?