With nurse turnover costing hospitals up to $5.7 million annually, understanding shifts within the nursing workforce is essential for employers aiming to support and retain talent. With a younger, increasingly female demographic and high turnover, healthcare organizations face both opportunities and challenges. Our research uncovered several trends that have direct implications for workforce planning, plan design, and long-term organizational stability.
In the report, you’ll learn:
- Why early-career turnover is accelerating—and what it’s costing you
- The financial stressors nurses face today, such as student debt and low emergency savings
- How smart plan design and compensation strategies can help you keep talent and boost their retirement readiness