Baby Boomer Nurses Retiring

Written by LeAnn Thieman, CSP, October 11th, 2016

Around a million registered nurses are older than 50, meaning one-third of the current nursing workforce will reach retirement age in the next 10 to 15 years. More than half a million are projected to retire by 2022…that’s 6 years from now!

Baby boomer nursesMany nurses postponed retiring during the downturn in the economy, but now they are starting. But filling those vacancies isn’t a simple one-for-one proposition. Nearly 158,000 new nursing graduates entered the workforce in 2014, a substantial increase from a decade before. But the nursing education system hasn’t kept pace. According to an American Association of Colleges of Nursing report, U.S. nursing schools turned away 79,659 qualified applicants from baccalaureate and graduate nursing programs in 2012 due to insufficient number of faculty, clinical sites, classroom space, clinical preceptors, and budget constraints. Adding to the problem is that many nursing faculty are approaching retirement!

Most nursing faculty require a doctoral degree, and can’t be quickly or easily replaced.

To learn how to recruit nurses and retain nurses visit SelfCare for HealthCareContact me today to discuss implementing this powerful program at your facility.

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