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Viventium’s CMO Terra Vicario Sat Down with Apploi’s Vice President Pritma Chatha, DNP, MHA, RN, to Discuss Healthcare Innovation for Attracting the Right Caregivers
The Bureau of Labor Statistics talks about a growth projected at nearly thirty-five percent for home health and personal care aides. This number is growing so much faster than the average across all occupations. And it’s attributed to the baby boomer generation aging and the senior population increasingly relying on home care as an alternative to nursing homes, which means more job openings than ever.
In fact, Mercer's US Health Care External Labor Market Analysis examined the breakdown of role shortages within health care over the next four years. In contrast to the growth in home care, it found that the demand for physicians, surgeons, anesthesiologists, and other highly skilled practitioners are expected to grow the least and the slowest.
And by 2050, America's senior population will reach nearly 88 million, up from 48 million today, requiring more support roles to assist with chronic health conditions and disabilities. The big question remains, where will everyone find candidates to fill these vital roles?
Terra
Pritma, what are you seeing overall in the talent acquisition sector?
Pritma
Definitely, the caregiver shortage is at an all-time high. The demand far exceeds the supply, and while there seems to be a high volume of applicants to meet that demand, it is falsely misleading.
Many caregivers have had to make the difficult decision to leave the profession overall due to personal responsibilities in the wake of the pandemic, and those that have remained at work, are seeking their next opportunity. Many are calling it the ‘great resignation,’ or what I call the ‘great re-evaluation.’ Caregivers are feeling exhausted, alone and underappreciated. They are in search of organizations that can help care for their needs and a place where they feel heard. So despite there being a mass shortage of qualified caregivers, the application rates are surprisingly high because everyone seems to be re-evaluating their current role, in search of positions with more balance and benefits.
Terra
Along those lines, what have you seen happening from 2020 to 2021?
Pritma
Because of the skyrocketing demand, employers are getting very competitive, finding innovative ways to attract new talent. Health care employers are beefing up their total compensation package and thinking outside the box when it comes to salary and benefits.
With over 92% of the caregiver workforce being female, and over 4.5 million less women in the workforce today than there were at the beginning of the pandemic, employers are realizing the mismatch between their benefits offering and the needs of their people. Shift start/stop times are being re-evaluated, work from home opportunities are being created, and benefits packages are becoming more flexible and relevant to the demographics they serve.
Facilities are also re-evaluating their retention strategies. Incorporating diversity, equity and inclusion in their leadership, their hiring, and their succession planning while getting laser focused on cultivating a culture that cares deeply for their people - at a time their people need it most.
Terra
Can you share with the group a little bit about the data Apploi has been collecting?
Pritma
Certainly. Despite pandemic concerns, clients saw a significant increase in job activity, both in posting more jobs through our platform, of course, because of the demand, and in receiving more applicants. Again, what I touched on earlier – according to our data, total job growth rose by forty-five percent in 2020 compared to 2019, and the applicant growth increased by seventy-six percent.
Terra
So we know the candidate market is hot and candidates are hard to find. Given these facts, what are the things that deter candidates from continuing through the application process?
Pritma
We're hearing a lot that candidates tend to go silent if the applicant journey is too slow or if it's too cumbersome. For example, candidates nowadays, after being forced to do most everything online over the past 20 months, have little to no tolerance with paper application processes. They also want to be able to apply and connect with recruiters and hiring managers from their phone - not a desktop or laptop.
We live and breathe on our phones these days. So it's so important to get to people and meet them where they are. Candidates simply won't apply if you're not able to accommodate them applying over their phone. Also, the way in which we communicate to candidates has changed.
Candidates are looking for text communications – not email, not phone. There's a very poor probability that you'll reach candidates by the phone nor will they answer their voicemail or look at their voicemail. What's happening often, I find, is that if you're not digital, other organizations will beat you to the offer letter.
If you're not fast, if your processes are not efficient, someone else is going to scoop up that candidate, and you're going to miss out. Candidates also want to feel important. They want to feel heard. And if your process is slow and they're not hearing back from you for two or three weeks, they've already moved on. I cannot emphasize enough that speed matters at this moment in time.
Terra
From your experience, any other overall feedback that you're getting from candidates?
Pritma
Predominantly that they're out there shopping. So you have an active audience – try to capture that audience. And I'm hearing over and over again that salary is not the deal breaker. A quarter here, a quarter there does not matter in terms of hourly salary rates.
What's important right now, especially in health care for caregivers, is that they're looking for employers that care, that listen, and that value them. They want to contribute and partner in their success and growth within that organization. Candidates are feeling a little bit frustrated, disillusioned, and burnt out right now.
They feel disenfranchised and are seeking organizations that have their act together and can support their emotional well being off the back of this pandemic, and contribute to their personal and professional development in the years to come.
Terra
That makes a lot of sense. And I'm sure the pandemic hasn't helped with any of the burnout either. Everybody's feeling it.
This information is for educational purposes only, and not to provide specific legal advice. This may not reflect the most recent developments in the law and may not be applicable to a particular situation or jurisdiction.
Viventium Software Inc. is a SaaS-based human capital management solution that provides a remarkable user experience and award- winning software. Viventium provides flexible software and expert guidance so clients can be sure their payroll is done right.
Viventium offers specialized solutions in the health services markets which include home care agencies and skilled nursing facilities. Viventium Software supports all fifty of the United States with payroll and HR solutions.
Relax – you’re with Viventium.
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Overtime, oh, it’s a complicated game, Different rules in every state, it’s never the same, Multiply by 1.5, but there’s more to see, In this overtime equation, it’s not that easy, you see.
VERSE 1
In the world of work, there’s a tale to be told, About overtime hours, and the payroll gold, A consistent paycheck, that’s the worker’s dream, But when it comes to overtime, it’s not as easy as it seems.
PRE-CHORUS
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CHORUS
Overtime, oh, it’s a complicated game, Different rules in every state, it’s never the same, Multiply by 1.5, but there’s more to see, In this overtime equation, it’s not that easy, you see.
VERSE 2
Exempt or non-exempt, the title they hold, Where they work, where you’re based, it’s all in the fold, California or New York, the laws they diverge, For payroll admins, it’s a never-ending surge.
PRE-CHORUS
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CHORUS
Overtime, oh, it’s a complicated game, Different rules in every state, it’s never the same, Multiply by 1.5, but there’s more to see, In this overtime equation, it’s not that easy, you see.
BRIDGE
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VERSE 3
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PRE-CHORUS
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CHORUS
Overtime, oh, it’s a complicated game, Different rules in every state, it’s never the same, Multiply by 1.5, but there’s more to see, In this overtime equation, it’s not that easy, you see.
OUTRO
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ENDING
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Take back time, like a winding clock, Retroactive pay, mending every block. Calculate the hours, with precision and grace, In the world of care, in this payroll space.
VERSE 1
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PRE-CHORUS
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CHORUS
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VERSE 2
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PRE-CHORUS
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CHORUS
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BRIDGE
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VERSE 3
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PRE-CHORUS
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CHORUS
Take back time, like a winding clock, Retroactive pay, mending every block. Calculate the hours, with precision and grace, In the world of care, in this payroll space.
OUTRO
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VERSE 1
In the world of business, we all aim to thrive, Year after year, our dreams taking flight. But as we soar higher, we start to see, More money, more problems, just like B.I.G. Outgrowing our shell, it’s an exciting phase, But it brings with it some challenging days. Solutions we had, now show their flaws, As we push the boundaries, breaking through the walls.
CHORUS
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VERSE 2
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CHORUS
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BRIDGE
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VERSE 3
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CHORUS
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OUTRO
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REPEAT CHORUS
Geo Tax, oh Geo Tax, our savior in the night, Guiding us through tax laws, shining a bright light. No more payroll worries, no more sleepless nights, With Viventium’s help, we’ll be alright.
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VERSE 1
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CHORUS
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VERSE 2
Admins wear many hats, in their daily grind, Sometimes they need to adjust, leave no errors behind. Adding extra hours, bonuses, or fixing pay, They need a simple method, to make it all okay.
CHORUS
Configurable Payroll Grids, a helping hand in sight, In the realm of admin life, where details are rife. With custom views and filters, they navigate through the night, Let’s celebrate this feature, it’s the heart of our work life.
BRIDGE
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VERSE 3
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CHORUS
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OUTRO
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VERSE 1
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PRE-CHORUS
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CHORUS
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VERSE 2
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PRE-CHORUS
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CHORUS
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BRIDGE
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VERSE 3
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PRE-CHORUS
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CHORUS
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OUTRO
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VERSE 1
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PRE-CHORUS
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CHORUS
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VERSE 2
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PRE-CHORUS
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CHORUS
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BRIDGE
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CHORUS
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OUTRO
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