The headlines are everywhere, reporting a surge in COVID-19 cases nationwide. With that comes a high demand for healthcare workers. It’s not only the active cases of the pandemic causing the strain on healthcare talent. Exhaustion and burnout are playing a role too.
Searches for nurse practitioners are up 24% year-over-year per a recent report. In addition to telehealth services, NPs are sought after to staff urgent care centers and outpatient clinics. The average salary for these roles is about $140,000, an increase of 12% year-over-year.
The second most-recruited role is family physicians (average salary of $243,000). However, only 18% of search engagements were for this role, down from 20% the year prior and 22% before that. The highest average salary tracked for physicians in this report? Interventional Cardiologists at $611,000.
Texas needs around 6,500 travel nurses due to a drastic increase in COVID-19 hospitalizations as well as worker exhaustion/burnout. Louisiana and Florida as well as other states are also in need – 47,000 travel nurse positions are open across the country.
Recent data reports a 35% increase in job openings in July. The top four fields in critical need are for truckers, supply-chain infrastructure workers, quick-service restaurant workers, and hospitality workers. Areas such as Florida, Texas, California, and New York also saw an increase in their areas for healthcare workers.
More than half (62%!) of organizations look to increase base salaries over the next six months, per a recent survey. The hope is the pay hike will help attract new hourly and salaried employees. Almost 70% report that their base salaries come in above the market reference point. Another tactic to lure candidates in the door that 50% of employers are offering are signing bonuses. Better grab those quick, though, because only 20% will see those through in 2022. Another 21% of organizations are offering retention bonuses.
What tactics is your organization using to attract ideal candidates to your roles? Send me a note at blog@bountyjobs.com!
Until next week,
Erin