Page 59 - FY23 NRR Annual Report FINAL 11.10.23 (2)_Neat

Nurse & PA Recruitment and Retention Annual Report FY23 59

ANNUAL

REPORT FY 2023

INDEX

OVERVIEW
Challenges and Goals 3 RETENTION METRICS 36
Dashboard 4 Drivers of Nurse Retention 37
Total U-M Nurses 5-6 Termination Tracking | U-M vs. USA 38
Job Openings 7 Termination Trending
Internal Transfers Terminations by Tenure 39
High Volume Hiring Why Nurses Leave
APP Workforce at U-M 8 When Nurses Leave (By Month) 40
Qualities Important to New Hires 9 First-Year Exits
New Hires Satisfaction 41
RECRUITMENT METRICS 10 New Hires Interaction with Manager 42
Age Distribution of RN Workforce 11 New Hires and Top Sources of Stress 43
Years of Service (UMPNC) New Hires’ Plans for 2 Years From Now 44
Retirement Eligibility (UMPNC) 12 Exit Survey 45
Retirement Eligibility (Nurse Leaders)
Degrees Held By Our FY 21 Hires 13 RETENTION INITIATIVES 46
Experience Levels of Our FY 21 Hires Nurses’ Week 47
Education Levels of RN Workforce 14 Daisy Awards 48-49
Demographics of RN Workforce Nursing at Michigan Excellence Awards 50
When We Hired (By Month) 15 Internal Career Transition Support 51
Finding Talented RNs - Local & National 16 Unit-Based Interventions
Percentage of Grad Hires from U-M 17 Magnet Designation 52
Degrees Held by Our GN Hires Attracting the Best 53
Top Schools for Our New Grad Hires 18 Nursing & NRR Strategic Plan 54-55
Feedback from UM Nursing Staff 56-57
RECRUITMENT INITIATIVES 19 RECRUITMENT TEAM 58
Data-Driven Recruitment 20
National and Regional Events 21
School Outreach Events 22
Graduate Nurse Screening 23
Website - Traffic and Sources 24-25
Social Media
HR Onboarding 26-27
GN Pipeline Initiative 27
Leadership Recruitment 28
Compensation and Salary Setting
Advanced Practice Professional Recruiting 29
Diversity, Equity and Inclusion 30-32
Safe Hiring 33
Employee Referrals 34
Branding / Giveaways 35