Page 52 - FY 2025 NRR Annual Report

ANNUAL REPORT FY 2025

INDEX

OVERVIEW
Challenges and Goals 3
Dashboard 4
Total U-M Nurses 5-6
Job Openings 7
Internal Transfers 7 RETENTION METRICS 30
High Volume Hiring 7 Drivers of Nurse Retention 31
APP Workforce at U-M 8 Termination Tracking: U-M vs. USA 32
Qualities Important to New Hires 9 Termination Trending 32

Terminations by Tenure 33
RECRUITMENT METRICS 10 Why Nurses Leave 33
Age Distribution of RN Workforce 11 When Nurses Leave (By Month) 34

Years of Service (UMPNC) 11 First-Year Exits 34
Retirement Eligibility (UMPNC) 12 New Hires Satisfaction 35
Retirement Eligibility (Nurse Leaders) 12 New Hires Interaction with Manager 36
Degrees Held By Our Hires 13 New Hires and Top Sources of Stress 37
Experience Levels of Our Hires 13 New Hires’ Plans for 2 Yrs from Now 38
Education Levels of RN Workforce 14 Exit Survey 39
Demographics of RN Workforce 14
When We Hired (By Month) 15 RETENTION INITIATIVES 40
Finding Talented RNs - Local & National 16 Nurses’ Week 41
Percentage of Grad Hires from U-M 17 Daisy Awards 42-43
Degrees Held by Our GN Hires 17 Daisy Leader Awards 44
Top Schools for Our New Grad Hires 18 Nursing at Michigan Excellence Awards 45
Internal Career Transition Support 46
Magnet Designation 47
RECRUITMENT INITIATIVES 19 Attracting the Best 48
Data-Driven Recruitment 20 Nursing & NRR Strategic Plan 49-50
National and Regional Events 21 Recruitment Team 51
School Outreach Events 22
Website - Traffic and Sources 23

Social Media 24
HR Onboarding 25-26
Leadership Recruitment 27
Compensation and Salary Setting 27
Advanced Practice Professional Recruiting 28
Branding / Giveaways 29