What do new and existing employees want most?


Hospitals and health systems face a difficult recruitment and retention environment. A well-crafted employee value proposition can be an important element in addressing the challenge. 

Health insurance, paid time-off and access to a retirement savings plan top the list of benefits valued most highly among healthcare employees, with no other benefit coming close. That is according to the TIAA Institute's new report, Toward an Employee Value Proposition (EVP) in the Healthcare Sector. The report looked at registered nurses, physicians and surgeons, as well as other medical and non-medical professionals. 

The report identifies:
 
  • The benefits and workplace attributes that are most important to healthcare employees when seeking new employment or deciding to remain with their current employer.
  • How an EVP can be a strategic tool to position organizations as employers of choice by responding to the needs and expectations of the workforce.
 

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