{"id":33593,"date":"2023-01-17T09:49:39","date_gmt":"2023-01-17T14:49:39","guid":{"rendered":"https:\/\/www.dailypay.com\/?p=33593"},"modified":"2023-10-27T15:09:23","modified_gmt":"2023-10-27T19:09:23","slug":"address-healthcare-labor-costs-with-on-demand-pay","status":"publish","type":"post","link":"https:\/\/www.dailypay.com\/resource-center\/blog\/address-healthcare-labor-costs-with-on-demand-pay\/","title":{"rendered":"Increase Employee Retention to Offset Rising Labor Costs"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"33593\" class=\"elementor elementor-33593\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-19d36ec4 elementor-section-full_width blog-hero-section elementor-section-height-default elementor-section-height-default\" data-id=\"19d36ec4\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2d4d5e8d blog-hero-sec-column\" data-id=\"2d4d5e8d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-section elementor-inner-section elementor-element elementor-element-389df6e8 blog-hero-sec-inner elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"389df6e8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-145feb9c blog-hero-title-sec\" data-id=\"145feb9c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28295318 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"28295318\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Increase Employee Retention to Offset Rising Labor Costs<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d61042c elementor-widget elementor-widget-post-info\" data-id=\"d61042c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-7b80cf5 elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.dailypay.com\/author\/christopher-brunau\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<img decoding=\"async\" class=\"elementor-avatar\" src=\"https:\/\/secure.gravatar.com\/avatar\/6562cdb14ed06f010cf544035c2a4eabfd49a2960ec25e7ed07e6ea943ae6850?s=96&amp;d=mm&amp;r=g\" alt=\"Picture of Chris Brunau\" loading=\"lazy\">\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t<span class=\"elementor-post-info__item-prefix\">January 17, 2023<\/span>\n\t\t\t\t\t\t\t\t\t\tChris Brunau\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element 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role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_email\" 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data-settings=\"{&quot;video_type&quot;:&quot;vimeo&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<iframe class=\"elementor-video-iframe\" allowfullscreen allow=\"clipboard-write\" title=\"vimeo Video Player\" src=\"https:\/\/player.vimeo.com\/video\/813322991?color&amp;autopause=0&amp;loop=0&amp;muted=0&amp;title=0&amp;portrait=0&amp;byline=0&amp;h=29499748e9#t=\"><\/iframe>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7e2beb1 vertical-blog-main-sec-col elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7e2beb1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fe5af96\" data-id=\"fe5af96\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-section elementor-inner-section elementor-element elementor-element-b16a726 vertical-blog-inner-sec-col elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b16a726\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-271962d elementor-hidden-mobile vertical-blog-nav-column\" data-id=\"271962d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9ac2a41 elementor-widget elementor-widget-html\" data-id=\"9ac2a41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"vertical-blog-series-nav\">\n   <div class=\"vertical-blog-series-nav-inner\">\n       <p class=\"dp-breadcrum f12 text-upper darkorange-text mb0\">More in this Series<\/p>\n       <ul class=\"vertical-blog-series-ul\">\n           <li>\n               <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/healthcare-staffing-shortages-and-financial-wellness\/\">How Financial Wellness Benefits can Tackle Staffing Shortages in Healthcare<\/a>\n           <\/li>\n           <li>\n               <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/support-healthcare-employees-with-on-demand-pay\/\">Support Healthcare Employees to Overcome Challenges, Leading to Improved Care<\/a>\n           <\/li>\n           <li>\n               <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/overcome-healthcare-employee-burnout\/\">Support Healthcare Staff to Address Employee Burnout<\/a>\n           <\/li>\n           <li>\n               <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/support-healthcare-employees-outstanding-patient-care\/\">Empower Healthcare Employees to Meet Evolving Patient Expectations<\/a>\n           <\/li>\n           <!--<li>-->\n           <!--    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/address-healthcare-labor-costs-with-on-demand-pay\/\">Increase Employee Retention to Offset Rising Labor Costs<\/a>-->\n           <!--<\/li>-->\n       <\/ul>\n   <\/div> \n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3d234cc9 vertical-blog-content-column\" data-id=\"3d234cc9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-470e0603 elementor-widget elementor-widget-text-editor\" data-id=\"470e0603\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The combination of a competitive labor market, <\/span><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/healthcare-staffing-shortages-and-financial-wellness\/\"><span style=\"font-weight: 400;\">staffing shortages<\/span><\/a><span style=\"font-weight: 400;\"> and increased labor costs are some of the contributing factors that present major challenges for healthcare employers in the last few years.\u00a0\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Healthcare employers need to maintain adequate staffing levels in order to <\/span><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/support-healthcare-employees-outstanding-patient-care\/\"><span style=\"font-weight: 400;\">meet patient expectations<\/span><\/a><span style=\"font-weight: 400;\"> and needs. Since being well-staffed remains a challenge in the industry, employers should focus on how they can enrich the employee experience, leading to higher retention rates.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">High turnover rates can significantly increase costs for healthcare employers. The average hospital lost $5.2\u20139 million in bedside RN turnover costs in 2021, according to a survey of 3,000 hospitals memorialized in the <\/span><a href=\"https:\/\/www.nsinursingsolutions.com\/Documents\/Library\/NSI_National_Health_Care_Retention_Report.pdf\"><span style=\"font-weight: 400;\">2022 NSI National Healthcare Retention &amp; RN Staffing Report<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><span style=\"font-weight: 400;\"><sup>1<\/sup><\/span><\/p><p><span style=\"font-weight: 400;\">In addition to the financial implications, filling vacant roles also can be a significant time strain for employers. The <\/span><a href=\"https:\/\/www.recruitingnewsnetwork.com\/posts\/recruiting-time-to-fill-and-costs-spiking-in-healthcare\"><span style=\"font-weight: 400;\">average cost<\/span><\/a><span style=\"font-weight: 400;\"> of filling a senior-level healthcare role is $5,699 in recruitment costs and takes an average of 207 days\u00a0 to fill, according to survey data collected by AKASA, a healthcare AI-tech company.<sup>2<\/sup><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c6c4ec5 elementor-widget elementor-widget-ucaddon_dp_content_card\" data-id=\"c6c4ec5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_content_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Content Card -->\n<style>\/* widget: DP Content Card *\/\n\n.content-card-wrapper {\n   background: #f5f5f5;\n   border-radius: 8px;\n   max-width: 800px;\n   margin: auto;\n   width: 100%;\n  }\n  \n  .content-card-wrapper a {\n   display: flex;\n  }\n  \n  .content-card-text-side {\n   width: 100%;\n   display: flex;\n   flex-direction: column;\n   padding: 30px;\n  }\n  \n  .content-card-text-side p {\n   color: var(--blue-color);\n  }\n\n.content-card-text-side p.dp-breadcrum{\n\tfont-size: 14px !important;\n    line-height: 14px !important;\n}\n  \n  .content-card-text-side h3 {\n   margin-top: 0 !important;\n   font-size: 20px !important;\n   line-height: 28px !important;\n   color: var(--blue-color) !important;\n    width: 100%;\n  }\n\n  .content-card-text-side p.content-card-desc{\n  \t font-size: 16px !important;\n   line-height: 24px !important;\n   color: var(--blue-color) !important;\n    width: 100%;\n    font-weight: 300;\n  }\n  \n  p.content-card-link {\n   flex-grow: 1;\n   display: flex;\n   align-items: flex-end;\n   color: var(--darkorange-color) !important;\n   transition: all ease 0.3s;\n  }\n  \n  p.content-card-link i {\n   margin-left: 3px;\n   position: relative;\n   bottom: 5px;\n   transition: all ease 0.3s;\n    font-size: 11px !important;\n  }\n  \n  .content-card-wrapper:hover p.content-card-link i {\n   padding-left: 5px;\n  }\n  \n  .content-card-img-side {\n   width: 100%;\n    text-align: center;\n    overflow: hidden;\n    display: flex;\n    justify-content: center;\n    align-items: flex-end;\n  }\n  \n  .content-card-img-side img {\n   box-shadow: 0px 8px 20px rgba(0, 0, 0, 0.12);\n   position: relative;\n   top: 30px;\n    width: 100%;\n    max-width: 200px;\n        height: 200px;\n    object-fit: cover;\n    object-position: top;\n  }\n  \n  @media all and (max-width: 768px) {\n   .content-card-text-side {\n    padding: 12px;\n   }\n   .content-card-img-side {\n        max-width: max-content;\n    display: flex;\n    justify-content: center;\n    align-items: center;\n    padding: 10px 10px 10px 0;\n   }\n   .content-card-img-side img {\n        top: 0;\n    max-width: 110px;\n    object-fit: contain;\n    height: auto;\n   }\n    .content-card-wrapper {\n    box-shadow: 0px 8px 20px rgb(0 0 0 \/ 12%);\n          border-radius: 5px;\n}\n    .content-card-text-side h3{\n      font-size: 18px !important;\n    line-height: 26px !important;\n    }\n    p.content-card-link{\n      margin-top: 0px !important\n    }\n  }\n\n<\/style>\n\n<div class=\"content-card-wrapper\">\n  <a href=\"\/wp-content\/uploads\/increase-employee-retention.pdf\" target=\"_blank\">\n   <div class=\"content-card-text-side\">\n    <p class=\"dp-breadcrum mt0 text-upper text-blue\">HOSPITALS & HEALTHCARE<\/p>\n    <h3 class=\"titlelimit text-blue mt0\" data-maxlength=\"85\">Increase Employee Retention\nto Overcome Rising Labor Costs<\/h3>\n    <p class=\"content-card-desc\" style=\"display: none\"><\/p>\n    <p class=\"content-card-link mb0 dp-mt32 dp-blue-no-style-btn dp-dark-orange-link\">Get the infographic <i class='fas fa-chevron-right f12'><\/i><\/p>\n   <\/div>\n   <div class=\"content-card-img-side\">\n    <img decoding=\"async\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/increase-employee-retention.jpg\" alt=\"Infographic titled &quot;Increase Employee Retention to Overcome Rising Labor Costs&quot; discussing the financial impact of high turnover in healthcare and suggesting retention strategies to cut costs.\">\n   <\/div>\n  <\/a>\n <\/div>\n<!-- end DP Content Card -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-567213e elementor-widget elementor-widget-text-editor\" data-id=\"567213e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">Invest in an Employee Retention Strategy\u00a0<\/span><\/h2><p><span style=\"font-weight: 400;\">Healthcare employers can reduce labor costs by improving their employee retention strategy. With a strong employee retention strategy, employers can reduce the need to constantly hire and refill open roles.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Through offering financial wellness benefits such as on-demand pay, employers can reduce their turnover rates by helping employees feel supported and valued, encouraging them to stay longer.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">An increased focus on employee benefits can have a positive impact on healthcare employers in a number of ways. The annualized improvement in the turnover rate of those healthcare employers using DailyPay vs. those not using DailyPay is 73% in nursing homes and 27% in caregivers, <\/span><a href=\"https:\/\/www.dailypay.com\/mercator-report-2021\/\"><span style=\"font-weight: 400;\">according to a 2021 Mercator Report sponsored by DailyPay<\/span><\/a><span style=\"font-weight: 400;\">.<sup>3<\/sup><\/span><\/p><p><span style=\"font-weight: 400;\">Increased retention can lead to highly engaged employees that are empowered to deliver great patient care. <\/span><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/www.sogolytics.com\/blog\/employee-engagement-patient-experience\/\"><span style=\"font-weight: 400;\">highly engaged workforce<\/span><\/a><span style=\"font-weight: 400;\"> can boost the patient experience,<sup>4<\/sup><\/span><span style=\"font-weight: 400;\"> potentially leading to a better overall experience for employers, employees and patients.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Learn more about how an on-demand pay benefit can help healthcare employers weather challenges and become stronger by supporting their existing staff and attracting new applicants.<\/span><\/p><p><span style=\"font-weight: 400;\">Learn how DailyPay can help.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14e5596 elementor-widget elementor-widget-ucaddon_dp_button\" data-id=\"14e5596\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Button -->\n<style>\/* widget: DP Button *\/\n\n.dp-blue-white-btn:hover{\ncolor: var(--blue-color) !important;\n}\n\n<\/style>\n\n<div class=\"dp-btn-wrap dp-mt16 mb0 \" style=\"justify-content: flex-start;\">\n <a class=\"dp-btn-normal dp-blue-orange-btn \" href=\"https:\/\/www.dailypay.com\/demo\/\" target=\"_self\">Book a Demo <i class=\"fas fa-chevron-right\" style=\"font-size: 12px;position: relative;bottom: 1px;margin-left: 1px;display:none\"><\/i><\/a>\n<\/div>\n<!-- end DP Button -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1eb7b8a elementor-widget elementor-widget-ucaddon_dp_footnotes\" data-id=\"1eb7b8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_footnotes.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Footnotes -->\n<style>\/* widget: DP Footnotes *\/\n\n.footnotes-textarea{\n  margin-bottom: 24px;\n  display: block;\n  color: #676b75;\n  font-size: 12px;\n  line-height: 16px;\n  max-width: nonepx;\n}\n\n.footnotes-textarea p{\n  margin-bottom: 10px;\n  color: #676b75;\n  font-size: 12px;\n  line-height: 16px;\n}\n\n.footnotes-column-wrapper p{\n  color: #676b75;\n  line-height: 16px;\n  margin-bottom: 4px;\n  display: flex;\n}\n\n.footnotes-column-wrapper p sup{\n  margin-right: 2px;\n}\n\n.footnotes-column-wrapper p a{\n  font-weight: 400;\n  text-decoration: underline;\n  color: #676b75;\n  transition: all ease 0.3s;\n  width: 100%;\n  max-width: max-content;\n}\n\n\n.elementor-widget-theme-post-content .footnotes-column-wrapper p a{\n  font-weight: 400;\n  text-decoration: underline;\n  color: #676b75;\n  transition: all ease 0.3s;\n}\n\n.footnotes-column-wrapper p a:hover{\n  color: #494c52;\n}\n\n\n.elementor-widget-theme-post-content .footnotes-column-wrapper p a:hover{\n  color: #494c52;\n}\n\n.footnotes-copy-text{\n  display: none;\n}\n\n.footnotes-copy-text .colon-symbol{\n  margin-right: 5px;\n}\n\n.dp-footnotes-show{\n  display: block;\n}\n\n.dp-column-wrap{\n  flex-wrap: wrap;\n}\n\n.footnotes-column-wrapper{\n  width: 100%;\n  margin: 0px;\n  display: flex;\n  flex-wrap: wrap;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-1 p{\n  width: 100%;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-2{\n  gap: 0 20px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-2 p{\n  width: calc(50% - 10px);\n}\n\n.footnotes-column-wrapper.dp-column-wrap-3{\n  gap: 0 15px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-3 p{\n  width: calc(33.33% - 10px);\n}\n\n.footnotes-column-wrapper.dp-column-wrap-4{\n  gap: 0 10px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-4 p{\n  width: calc(25% - 10px);\n}\n\n@media only screen and (max-width: 768px) {\n  .footnotes-column-wrapper.dp-column-wrap-4, .footnotes-column-wrapper.dp-column-wrap-3, .footnotes-column-wrapper.dp-column-wrap-2{\n    gap: 0\n  }\n  .footnotes-column-wrapper.dp-column-wrap-4 p, .footnotes-column-wrapper.dp-column-wrap-3 p, .footnotes-column-wrapper.dp-column-wrap-2 p{\n    width: 100%;\n  }\n}\n\n<\/style>\n\n<div class=\"footnotes-textarea\"><p><i><span style=\"font-weight: 400;\">All information herein is for educational purposes only and should not be relied upon for any other use. The information herein does not constitute the rendering of financial, business, accounting, securities, tax or legal advice, or other professional advice by DailyPay. No fiduciary obligation or duty exists or is created, between you and DailyPay. DailyPay does not warrant the completeness or accuracy of any information provided to you.<\/span><\/i><\/p><\/div>\n<div class=\"dp-column-wrap\">\n  <div class=\"footnotes-column-wrapper dp-column-wrap-1\" style=\"max-width: nonepx;\">\n    <p class=\"f12 \"><sup>1<\/sup> <a href=\"https:\/\/www.nsinursingsolutions.com\/Documents\/Library\/NSI_National_Health_Care_Retention_Report.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/www.nsinursingsolutions.com\/Documents\/Library\/NSI_National_Health_Care_Retention_Report.pdf<\/a><span class=\"dp-footnotes-hide footnotes-copy-text\"><span class=\"colon-symbol\">:<\/span>DailyPay, 2020<\/span><\/p>\n<p class=\"f12 \"><sup>2<\/sup> <a href=\"https:\/\/www.recruitingnewsnetwork.com\/posts\/recruiting-time-to-fill-and-costs-spiking-in-healthcare\" target=\"_blank\" rel=\"noopener\">https:\/\/www.recruitingnewsnetwork.com\/posts\/recruiting-time-to-fill-and-costs-spiking-in-healthcare<\/a><span class=\"dp-footnotes-hide footnotes-copy-text\"><span class=\"colon-symbol\">:<\/span>DailyPay, 2020<\/span><\/p>\n<p class=\"f12 \"><sup>3<\/sup> <a href=\"https:\/\/www.dailypay.com\/mercator-report-2021\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.dailypay.com\/mercator-report-2021\/<\/a><span class=\"dp-footnotes-hide footnotes-copy-text\"><span class=\"colon-symbol\">:<\/span>DailyPay, 2020<\/span><\/p>\n<p class=\"f12 \"><sup>4<\/sup> <a href=\"https:\/\/www.sogolytics.com\/blog\/employee-engagement-patient-experience\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.sogolytics.com\/blog\/employee-engagement-patient-experience\/<\/a><span class=\"dp-footnotes-hide footnotes-copy-text\"><span class=\"colon-symbol\">:<\/span>DailyPay, 2020<\/span><\/p>\n   <\/div>\n<\/div>\n<!-- end DP Footnotes -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9571a31 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9571a31\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-835f553\" data-id=\"835f553\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0fae503 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"0fae503\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-center dp-mb8 mt0\" style=\"max-width: nonepx;margin: auto;\">More for Hospital & Healthcare<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5cdae9 elementor-widget elementor-widget-ucaddon_dp_text\" data-id=\"c5cdae9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Text -->\n<style>\/* widget: DP Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<p class=\"dp-font-16 navy-text dp-font-secondary f-weight-300 text-center dp-mb40 mt0\" style=\"max-width: nonepx;margin: auto;\">Learn how on-demand pay may address top challenges across the industry.<\/p>\n<!-- end DP Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-411adc6 elementor-widget elementor-widget-ucaddon_uc_card_post_carousel\" data-id=\"411adc6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_uc_card_post_carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Card Post Carousel -->\n\t\t<link id='font-awesome-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/font-awesome6\/fontawesome-all.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='font-awesome-4-shim-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/font-awesome6\/fontawesome-v4-shims.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='owl-carousel-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/owl-carousel-new\/assets\/owl.carousel.css' type='text\/css' rel='stylesheet' >\n\n<style>\/* widget: Card Post Carousel *\/\n\n#uc_uc_card_post_carousel_elementor_411adc6 *{\n  box-sizing:border-box;\n}\n#uc_uc_card_post_carousel_elementor_411adc6{\n  position:relative;\n  min-height:1px;\n}\n#uc_uc_card_post_carousel_elementor_411adc6 .uc_image_carousel_content{\n\ttext-align:left;\n    display: flex;\n     flex-flow: column nowrap;\n}\n#uc_uc_card_post_carousel_elementor_411adc6 .ue_post_carousel_item\n{\n  overflow:hidden;\n  \n}\n\n#uc_uc_card_post_carousel_elementor_411adc6 .ue_post_btn_holder\n{\n  margin-top:auto;\n}\n\n#uc_uc_card_post_carousel_elementor_411adc6 .uc_more_btn{\n\n  display:inline-block;\n  text-align:center;\n  text-decoration:none;\n} \n\n.uc_overlay_image_carousel .uc_more_btn{\n  text-decoration:none;\n  display:inline-block;\n}\n\n.uc_overlay_image_carousel .uc_post_title{\n  font-size:21px;\n  text-decoration:none;\n}\n\n#uc_uc_card_post_carousel_elementor_411adc6 .owl-nav .owl-prev{\n    position:absolute;\n    left:-30px;\n    display:inline-block;\n    text-align:center;\n}\n#uc_uc_card_post_carousel_elementor_411adc6 .owl-nav .owl-next{\n  position:absolute;\n    right:-30px;\n  display:inline-block;\n  text-align:center;\n}\n\n\n#uc_uc_card_post_carousel_elementor_411adc6 .owl-dots {\noverflow:hidden;\ndisplay:true !important;\ntext-align:center;\n}\n\n#uc_uc_card_post_carousel_elementor_411adc6 .owl-dot {\nborder-radius:50%;\ndisplay:inline-block;\n}\n\n<\/style>\n\n<div class=\"uc_overlay_image_carousel\" id=\"uc_uc_card_post_carousel_elementor_411adc6\">\n   <div class=\"uc_carousel owl-carousel owl-theme\">\n   \t\t<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/support-healthcare-employees-with-on-demand-pay\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/Four-Current-Challenges-for-Healthcare-Providers.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/support-healthcare-employees-with-on-demand-pay\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Solving Healthcare Talent &amp; Compliance Challenges with On-Demand Pay<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/address-healthcare-labor-costs-with-on-demand-pay\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/increase-employee-retention-healthcaree.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/address-healthcare-labor-costs-with-on-demand-pay\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Increase Employee Retention to Offset Rising Labor Costs<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/support-healthcare-employees-outstanding-patient-care\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/Healthcare_Challenge-3_Featured-Image.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/support-healthcare-employees-outstanding-patient-care\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Empower Healthcare Employees to Meet Evolving Patient Expectations<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/overcome-healthcare-employee-burnout\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/healthcare-staff.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/overcome-healthcare-employee-burnout\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Support Healthcare Staff to Address Employee Burnout<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/videos\/attraction-and-high-turnover-industries\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/attraction-retention-hr-insights.jpg); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/videos\/\">Videos<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/videos\/attraction-and-high-turnover-industries\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Attraction and Retention: What Can We All Learn From High Turnover Industries?<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/ebooks\/guide-to-employee-turnover-in-the-healthcare-industry\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/employee-turnover-ebook.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/ebooks\/\">eBooks<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/ebooks\/guide-to-employee-turnover-in-the-healthcare-industry\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Understanding Employee Turnover in the Healthcare Industry<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/brightspring-health-services-dailypay-a-caring-benefit-for-hardworking-caregivers\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/brightspring-case-study.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/\">Case Studies<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/brightspring-health-services-dailypay-a-caring-benefit-for-hardworking-caregivers\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">BrightSpring Health Services Reduced Turnover and Increased Applications for Open Roles in Health Care By Offering On-Demand Pay<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/dailypay-helps-rockaway-home-care-workers-maintain-better-financial-health\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/rockaway-case-study.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/\">Case Studies<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/dailypay-helps-rockaway-home-care-workers-maintain-better-financial-health\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">An On-Demand Pay Benefit Helped Rockaway Home Care's Employee Caregivers Improve Their Financial Wellness<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/ashley-manor-how-dailypay-helped-a-user-buy-her-dream-home\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/ashley-manor-case-study.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/\">Case Studies<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/ashley-manor-how-dailypay-helped-a-user-buy-her-dream-home\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">On-Demand Pay Helped a Health Care Employee at Ashley Manor Maintain Financial Independence<\/div><\/a>          <\/div>\n<\/div>\n\n   <\/div>\t\n<\/div>\n<!-- end Card Post Carousel -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>More in this Series How Financial Wellness Benefits can Tackle Staffing Shortages in Healthcare Support Healthcare Employees to Overcome Challenges, Leading to Improved Care Support Healthcare Staff to Address Employee Burnout Empower Healthcare Employees to Meet Evolving Patient Expectations The combination of a competitive labor market, staffing shortages and increased labor costs are some of<a class=\"read-more\" href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/address-healthcare-labor-costs-with-on-demand-pay\/\">Read More<\/a><\/p>\n","protected":false},"author":78,"featured_media":33594,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[147],"tags":[625],"class_list":["post-33593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-healthcare"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Increase Employee Retention to Offset Rising Labor Costs - DailyPay<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/address-healthcare-labor-costs-with-on-demand-pay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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