5 Proven Strategies to Increase Employee Retention and Reduce Operational Costs in Senior Living
We understand that staffing your senior living facility isn’t easy. With an average 50% annual turnover rate and $2,200 sunk cost per employee lost, it’s time to implement new strategies to improve your staff retention.
This Senior Living Staff Retention Playbook outlines five critical strategies for increasing staff retention and satisfaction while improving resident safety and quality of life and decreasing operational costs.
- Offer High-Growth Career Paths & Comprehensive Training
- Prioritize Transparency & Clear Communication
- Provide Advanced Tools & Technology
- Rethink Scheduling
- Offer Financial Incentives & Public Recognition
