“Longevity” Bonus

Written by LeAnn Thieman, CSP, April 3rd, 2010

I’m hearing more and more about hospitals offering a “Longevity bonus.” Nurses who stay 2 years get $2000. After 5 years, $5000; 10 years $10,000;20 years, $20,000!

When we consider that it costs a minimum of $62,000 to hire and train a new nurse, this is a great nurse retention idea.

I’ve got lots more tried and proven nurse retention ideas.

I’d love to  help you. Please contact me!

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