Monday October 28, 2024
Healthcare Workforce Report
The ASHHRA 2024 Healthcare Workforce Report is based on extensive data from PwC’s Saratoga HR Benchmarking study and provides valuable insights into the current state of the healthcare workforce, helping you make informed decisions to enhance your organization's performance and patient care.
A Holistic Report on Workforce Trends in Healthcare
This report summarizes key healthcare-specific findings derived from PwC’s Saratoga HR Benchmarking study. The annual Saratoga study generates over 30,000 benchmarks for over 1,000 metrics from data provided by hundreds of organizations; healthcare-specific benchmarks are categorized by hospital size, revenue and/or type of hospital.
The report is broken down into four categories:
- Turnover
- Diversity, Equity and Inclusion
- Talent Acquisition
- Compensation
The benchmarks in these categories may help you understand the general trends and current situation of the healthcare workforce in the United States. However, if you need specific data to make business decisions, please reach out to the Saratoga team at saratoga@pwc.com to get access to the complete benchmark dataset.
Executive Summary
Over the past few years, organizations across various industries have experienced multiple challenges: a global pandemic, international conflicts and accelerated technological adoption. During this time, organizations had to adapt with remote/flexible work and a period of increased turnover coined “the Great Resignation”.
For most industries, the disruption of the pandemic has dissipated with a noticeable decrease in turnover, resulting in many organizations shifting their focus to promoting internal mobility and reexamining their existing team structures. Amidst rapid technological advancements, evolving workforce expectations and ongoing economic uncertainties, HR professionals and business leaders are increasing their use of HR data to make decisions and constantly seeking data-driven insights to stay competitive.
The healthcare industry faces unique challenges, including the lingering effects of the global pandemic, rising costs and an aging population. These factors significantly impact workforce dynamics, making it important for HR leaders to rely on data-driven insights to navigate these complexities and maintain a competitive edge.
This report summarizes Saratoga benchmarks related to the current state of the healthcare industry workforce, based on responses from 109 organizations in the healthcare industry. All results are median values unless otherwise specified.
To access the complete set of benchmarks with all percentiles, please contact the Saratoga team at saratoga@pwc.com.
