Nurse turnover represents a significant cost burden to the Canadian health system and places patients at risk. According to the CNA, on average, one in five nurses working in Canadian hospitals leaves their job each year; costing the institution on average $25,000. Lowering nurse turnover will not only promote a more stable nursing workforce, but will also; increase job satisfaction, reduce overtime hours, and reduce the probability of medical error (O’Brien, Tomblin, & Shamian, 2008). Investing in transformational leadership and utilizing Kotter’s Eight-Stage Change Process will help reduce turnover of nurses, which will in turn improve patient outcomes and reduce costs.
Nursing shortages and high turnover rates have become a huge challenge for health care organizations all over the world. High turnover rates are not only costly, but affect quality of care, patient safety, and patient satisfaction (Sellgren, Ekvall, & Tomson, …show more content…
Nursing staff turnover has been a major problem for many years. The focus of the health care system however, has remained on effectiveness and productivity rather than job satisfaction. A study by Sellgren et al. (2007) suggests that money spent on recruitment, orientation, and training of new employees, could instead be better spent reducing staff turnover, by establishing a workplace that values the current employees. Similarly, Mohammad (2015) associated better leadership on patient care units with improved mental health among nursing staff, increased job satisfaction, and higher staff productivity. Promoting a style of leadership that focuses on the wants, aspirations, and needs of the followers; as characterized by transformational leadership; would help to establish a workplace where nurses feel
Nursing shortages and high turnover rates have become a huge challenge for health care organizations all over the world. High turnover rates are not only costly, but affect quality of care, patient safety, and patient satisfaction (Sellgren, Ekvall, & Tomson, …show more content…
Nursing staff turnover has been a major problem for many years. The focus of the health care system however, has remained on effectiveness and productivity rather than job satisfaction. A study by Sellgren et al. (2007) suggests that money spent on recruitment, orientation, and training of new employees, could instead be better spent reducing staff turnover, by establishing a workplace that values the current employees. Similarly, Mohammad (2015) associated better leadership on patient care units with improved mental health among nursing staff, increased job satisfaction, and higher staff productivity. Promoting a style of leadership that focuses on the wants, aspirations, and needs of the followers; as characterized by transformational leadership; would help to establish a workplace where nurses feel