See how much your facility could save by reducing nurse turnover.
Complete the form below to begin.
|New Graduates per Year:||6 (Est. 10% of RNs Are New Graduates)|
|Cost of Turnover/Nurse:||$8,000.00 (National Average)|
|RN Turnover Rate:||16.8% (National Average)|
If you did not enter actual data for your institution’s turnover rate or average nursing salary, calculations are based upon national averages of 16.8% overall RN turnover, $70,000 RN salary, and replacement costs of 1.3 x salary.*
*Sources: The Financial Case for Nurse Residency Programs, Part 1 Journal of Nursing Professional Development, Nov/Dec 2014, RN Salary –US Bureau of Labor Statistics, Turnover Rate – NSI Nursing Solutions 2018 National Healthcare Retention and RN Staffing Report