Evaluate the nurse recruiting strategy

Assignment Help Financial Accounting

Reference no: EM13829210

	Potentially Qualified	Accepted Interview	Offered Job	Accepted Job	One-Year Survival	Above-Avg. Rating	Avg. Cost Per Nurse Hired
1. Internet Applications 2. Walk Ins	1.15 2.00	1.20 2.125	1.58 1.33	1.81 2.00	1.75 3.00	2.40 1.00	54.52 300.00
3. Employee Referrals	1.08	1.85	2.60	3.25	4.33	6.50	100.00
4. Newspaper Ads	1.50	3.00	6.00	12.00	24.00	------	375.00
5. Journal Ads	1.06	1.90	2.38	4.75	9.50	9.50	112.50
6. Educational Institutions Junior Colleges Hospital-based Schools University Programs	1.23 1.00 1.00	1.45 2.67 1.50	2.67 4.00 1.71	8.00 8.00 2.40	8.00 ------ 3.00	16.00 ------ 3.43	600.00 800.00 130.00
7. Private Employment Agency	1.00	1.13	1.80	4.50	4.50	9.00	2,000.00
8. Public Employment Agency	2.00	4.00	8.00	8.00	------	------	300.00
9. Direct Mail	1.07	3.75	5.00	15.00	------	------	450.00
10. Job Fair	1.86	2.60	4.33	13.00	13.00	13.00	900.00
11. State Nursing Assoc. Meeting	1.00	1.75	2.33	------	------	------	------
Averages for All Sources	1.24	1.87	2.79	5.25	8.27	13.65	$283.65

Yield Ratios at Each step in the recruitment process and recruitment cost per nurse hired

St. Vincent's Hospital

Please use the following exhibit to guide your answers to the exercise's 3 questions at the end. Please focus your efforts on just answering the 3 questions as opposed to deriving the yield ratios.

1. How would you evaluate the nurse recruiting strategy currently being used by the hospital? Is the hospital using too few or too many recruiting sources?Why?

2. If you feel the hospital is using too many recruitment sources, which ones would you eliminate and why?

3. What stage or stages in the recruitment process seem to be most amenable to improvements? What specific improvements would you suggest to decrease the yield ratios?Why?

Reference no: EM13829210

Questions Cloud

What do you notice about the source of total energy : what do you notice about the source of total energy? Using the information in TABLE 1 for 13C, can you offer an explanation for the differences between the age groups in the 13C content of their red blood cells?

Accounting breakeven point quantity : Estimate the: a) accounting breakeven point quantity (in terms of inpatient days) and breakeven dollar amount and b) the economic breakeven point quantity (inpatient days) and dollar amount

Draw a time line to show the cash flows of the project : Mini-Project 1: Mortgage Loan Analysis: Mr. Johnson plans to buy a new house at Bean Town in September 2014. The sale price of the house is $366,000. He is going to pay 20% down payments and borrow additional 80% from Wells Fargo with a 20-year, 3.87..

Human resource planning training-assistance program : The human resource planning process in any organization will no doubt result in the need for recruitment and selection action to be taken.

Evaluate the nurse recruiting strategy : How would you evaluate the nurse recruiting strategy currently being used by the hospital? Is the hospital using too few or too many recruiting sources?Why? 2. If you feel the hospital is using too many recruitment sources, which ones would you ..

Difference between hrm and shrm concpets : Briefly mention about Virgin/Virgin Atlantic and quote Richard Branson. Briefly discuss the new concept HRM and the missing link to strategy.

Elements into their environmental management programs : Name two companies that have incorporated all five elements into their environmental management programs. Describe how these elements have been incorporated

How does the company meet global standards : Does the company (GE) do business with sustainability and the global village in mind? How does the company meet global standards

Review the article workplace democracy- why bother : Review the article "Workplace Democracy: Why Bother?" in this week's Learning Resources. Consider the rationale for workplace democracy

User Account

All Pages