New Graduates: Opportunities in Health Care 2013

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NEW GRADUATES: OPPORTUNITIES IN HEALTH CARE 2013 BROUGHT TO YOU BY CAREERBUILDER HEALTHCARE TALENT SPOTLIGHT: REGISTERED NURSES Not all registered nurses are the same; in fact, the differences among them are significant. In today’s health care world, there is more demand for experienced RN’s than ever before, and, that demand is only growing Source: CareerBuilder Supply & Demand and Compensation Portal, July 2011 – June 2013 As the baby boomer generation ages and requires more health care, the industry itself must shiſt to meet these needs. Is your organization prepared for these challenges? As demand increases for quality candidates, many organizations are not tapping into the growing number of new health care graduates. The following statistics from CareerBuilder provide insight into the current labor market and growing new graduate talent pool. TOP HEALTH CARE POSITIONS ADDING MOST JOBS (2010 – 2013) Taking into account the past three years, it is clear to see where the labor market is heading in terms of demand for quality health care professionals. Source: EMSI Analyst Tool, July 2013 AGE OF THE CURRENT RN WORKFORCE While the country faces an aging population shiſt, so is the industry. More than 50 percent of the nursing workforce is older than 45, with many contemplating retirement. Source: EMSI Analyst Tool, July 2013 19-21 years 22-24 years 25-34 years 24.2% 35-44 years 45-54 years 1.6% 32.3% 0.1% 18.0% 20.9% 2010 2013 Registered Nurses 4.9% growth Home Health Aides 13.8% growth Nursing Aides, Orderlies, and Aendants 2.7% growth Medical Assistants 5.4% growth Licensed Practical and Licensed Vocational Nurses 3.7% growth 3.0% 55-64 years 65+ years It’s no secret that good health care employees are increasingly hard to find, but new findings from CareerBuilder suggest they’re geing harder to hold on to as well. Only 2 in 10 health care organizations are actually doing anything right now to prepare for the aging population shiſt. 66 percent of employers say investments in training and education are necessary in order to deal with skills shortages. 43 percent of employers say that relevant experience is the most important factor when evaluating an applicant. WHAT EMPLOYERS HAVE TO SAY 2013 CareerBuilder Health Care Trends Report: The Care Crunch
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As the baby boomer generation ages and requires more health care, the industry itself must shift to meet these needs. Is your organization prepared for these challenges? New research from CareerBuilder provides insight into the current labor market and growing new graduate talent pool.

Transcript of New Graduates: Opportunities in Health Care 2013

Page 1: New Graduates: Opportunities in Health Care 2013

new GraduateS: opportunItIeS In health care 2013

BROUGHT TO YOU BY CAREERBUILDER HEALTHCARE

talent SpotlIGht: reGIStered nurSeS

Not all registered nurses are the same; in fact, the diff erences among them are signifi cant. In today’s health care world, there is more demand for experienced RN’s than ever before, and, that demand is only growing

Source: CareerBuilder Supply & Demand and Compensation Portal, July 2011 – June 2013

As the baby boomer generation ages and requires more health care, the industry itself must shift to meet these needs. Is your organization prepared for these challenges? As demand increases for quality candidates, many organizations are not tapping into the growing number of new health care graduates. The following statistics from CareerBuilder provide insight into the current labor market and growing new graduate talent pool.

top health care poSItIonS addInG moSt JobS (2010 – 2013)

Taking into account the past three years, it is clear to see where the labor market is heading in terms of demand for quality health care professionals.

Source: EMSI Analyst Tool, July 2013

aGe of the current rn worKforce

While the country faces an aging population shift , so is the industry. More than 50 percent of the nursing workforce is older than 45, with many contemplating retirement.

Source: EMSI Analyst Tool, July 2013

19-21 years

22-24 years

25-34 years

24.2%

35-44 years

45-54 years

1.6%

32.3%

0.1%

18.0%

20.9%

20102013

RegisteredNurses

4.9% growth

HomeHealthAides

13.8% growth

Nursing Aides,

Orderlies, and

Att endants2.7% growth

Medical Assistants

5.4% growth

Licensed Practical and

Licensed Vocational

Nurses3.7% growth

3.0%

55-64 years

65+ years

It’s no secret that good health care employees are increasingly hard to fi nd, but new fi ndings from CareerBuilder suggest they’re gett ing harder to hold on to as well.

• Only 2 in 10 health care organizations are actually doing anything right now to prepare for the aging population shift .

• 66 percent of employers say investments in training and education are necessary in order to deal with skills shortages.

• 43 percent of employers say that relevant experience is the most important factor when evaluating an applicant.

what employerS have to Say

2013 CareerBuilder Health Care Trends Report: The Care Crunch

Page 2: New Graduates: Opportunities in Health Care 2013

University of ST. Augustine for Health Sciences

Ithaca College

A T Still University of Health Sciences

Temple University

Texas Woman’s University

Knowing where to look is the first step in filling those critical positions. New grads provide a ready and willing pool of candidates. Consider recruiting from the top schools for health care graduates.

SnapShot: top InStItutIonS GraduatInG phySIcal therapIStS

502

262

176

140

133

Does your organization really understand what influences a candidate’s decision to apply? Do you know the best places from which to source candidates?

• 30 percent of traffic to MiracleWorkers.com comes from a mobile device.1

• 59 percent of candidates state a negative reputation will impact whether or not they would consider a particular employer. 2

the new candIdate behavIor

Source: EMSI Analyst Tool, 2011 Degree Awarded, July 2013

1 Source: August 2013 MiracleWorkers.com site metrics 2 Source: 2013 CareerBuilder Health Care Trends Report: The Care Crunch

Are budget cuts putting more stress on your workforce and increasing vacancies? Recruit new grads for entry-level jobs now and start adding others to your talent pipeline for future opportunities.

Source: CareerBuilder Supply & Demand and Compensation Portal July 2011 – June 2013

SnapShot: compenSatIon comparISon for medIcal aSSIStantS

years of experience average1-2 years $27,638

3-5 years $28,539

6-10 years $30,350

11-15 years $32,190

16-20 years $33,966

21+ years $34,919

Keeping pace with the increasing number of jobs, more individuals are pursuing careers in health care. For the past 10 years, programs for the more in demand positions have seen a steady growth in graduation rates.

about the data

Data included in this report is proprietary to CareerBuilder and Economic Modeling Specialists, Intl. (EMSI), a CareerBuilder company. As noted in each section, data is compiled from multiple sources, including CareerBuilder’s 2013 Health Care Crunch Research Report, CareerBuilder’s Supply & Demand and Compensation portals, MiracleWorkers.com 2013 data, EMSI’s Comparability Index and EMSI’s Industry Snapshot Report for Health Care and Social Assistance.

about careerbuIlder healthcare

CareerBuilder Healthcare, a division of CareerBuilder, partners nationally with hospitals, skilled nursing facilities, home health care and clinical organizations to provide access to the best talent responsible for delivering exceptional care. We use best-in-class analytics to help organizations develop strategies to attract and retain the health care talent necessary to move their organizations forward in any labor market. For more information about CareerBuilder Healthcare, call 877.280.6475 or email [email protected].

GraduatIon rateS 2003 - 2012

Source: EMSI Analyst Tool, July 2013

fIndInG the GraduateS

compenSatIon comparISon

new GraduateS: opportunItIeS In health care 2013

88,482

193,528

6,617 10,038 8,415 13,752

2003 2012

Physical Therapy52% change

Pharmacy63% change

Registered Nursing119% change