Reference no: EM133213375

Can someone please help with this assignment:

Leveraging Rewards to Attract Talent

For this assignment, you are the Talent Management Director for a 150-bed trauma hospital. This scenario takes place in January. The trauma hospital takes great pride in their mission to offer the highest quality care in the region. To accomplish this, the staff-to-patient ratio is critical. Unfortunately, the hospital  has experienced a 20% rise in turnover over the past six months due to burnout related to the pandemic. Time to hire replacements has increased by 20% as well. To compound these issues, there are a few smaller hospitals and a number of long-term care facilities that have begun to offer sign-on bonuses and higher wages, as they are also experiencing staffing issues. As a result, the trauma hospital salaries are now lower than a majority of the medical facilities in the area. 

Other facilities in the area have had moderate success recruiting staff from the trauma hospital, but they have had great success recruiting new nurses and technicians from the two local colleges. Both colleges have traditional graduation dates in late May. The Executive Team has requested a recruitment plan proposal that focuses on new staff to fill critical patient-centered positions, specifically nurses and technicians. The CEO explicitly states that the trauma hospital's benefits are far superior to other facilities and thinks emphasizing this is critical to new graduates. Unfortunately, information from exit interviews notes that both salary and healthcare benefits at other facilities are better, and only retirement is better at the trauma hospital. Additionally, those completing exit interviews stated that they believe their stress level would be less at a smaller facility with fewer patients.  

In the presentation,

• Address the current state of recruitment.
• Address the current state of Total Rewards.
• Recommend at least two target candidate populations to focus recruitment efforts on.
• Explain rewards that likely will attract your target candidate pools and what changes you recommend be added to the Total Rewards Package to attract applicants from these candidate populations.
• Identify potential cost implications of these recommendations.
• Provide a proposed timeline of implementation.
• Explain measures of success and how they align to the primary goals of this initiative and the company's overall mission.

The presentation should be 16-18 slides.