Rx for Retention

July 17, 2023

Healthcare professionals aren't immune to burnout

The Covid-19 pandemic catalyzed the trend toward workers' power – it also caused increased workloads, prolonged periods of stress, and safety concerns for healthcare professionals. Juxtapose these trends alongside higher costs of living, stagnant wages, and limited career advancement, and it's no surprise that more than 30% of nurses have changed jobs over the past three years.

As life returns to normal in post-pandemic-America, our healthcare sector remains forever changed.

Healthcare professionals are more burned out than ever – 1 in 4 medical professionals is considering leaving medicine and nearly 90% cite burnout as the leading cause. Without swift action, this number is expected to nearly double by 2025.

As vacancies skyrocket, money is flying out the door

The US Bureau of Labor Statistics predicts a shortage of over 1 million RNs by 2030 due to 'unprecedented [pandemic] demands placed on nurses – combined with retirements and an aging workforce'. The 2023 NSI National Health Care Retention & RN Staffing Report, which includes data from 273 hospitals, prices each vacancy at $52,350.

How can Plannery help?

Plannery is the financial management platform that helps healthcare professionals get and stay out of debt.

Our voluntary benefit improves employee retention by offering better rates on loans, an exclusive credit card and personalized financial management.

We've already improved retention of healthcare professionals at institutions like Advent Health, CVS Health, and HCA Healthcare – contact us today!

Improve your bottom line by offering Plannery as a voluntary benefit

See how much you can save on turnover costs. How many employees do you have?

5,000 Employees

Improve your bottom line by offering Plannery as a voluntary benefit

See how much you can save on turnover costs. How many employees do you have?

5,000 Employees

Improve your bottom line by offering Plannery as a voluntary benefit

See how much you can save on turnover costs. How many employees do you have?

5,000 Employees

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See a Demo

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