November 28, 2023

Strategic Workforce Optimization

Lower Costs, Avoid Layoffs, Build Resilience

Despite continued labor shortages in vital patient-facing roles and the post-COVID “great resignation,” many health care organizations have had to consider layoffs in the past year. Human resources professionals are experiencing numerous operational pressures, often including an increased push to reduce labor costs. As these teams grapple with balancing increased burnout, turnover, and staffing shortages with a need to cut costs, they seek alternative strategies to address these challenges.

In this article, we will cover:

  1. Unprecedented Financial Pressures
  2. Pressures on Labor Costs
  3. Layoff Trends in Health Care
  4. Cost Cutting Alternatives
  5. Instituting Layoffs

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