How supply-demand law favors nurses, other health care occupations
Thousands of nurses in
But the dynamics of the
Take nurses.
Niad, senior managing director of The Execu|Search Group's Health Services division, a headhunter of sorts, said nurses in
Why? A lot of demand and not so much supply.
One reason is there are more people receiving care in doctor's offices, hospitals, rehab centers and nursing homes. Another is that Obamacare and insurance company mandates have created entirely new types of employment with the types of skill sets nurses have.
"It's a combination of of all of those," Niad said. "Overall, more people are receiving health care. And there are a lot more opportunities for movement."
Some of those opportunities are in "case management" and "utilization." That's working with insurance companies, health facilities and government programs performing tasks ranging from managing patient care among different doctors to reviewing requests for treatments and tests to determine if they qualify for coverage.
Thus, as the pool of employers broadens, the pool of workers thins.
So, Niad said a nursing starting out with a bachelor's degree today in
And if they leave
There's a catch -- because there is always a catch. Namely, that diploma from a nursing school isn't going to deliver a huge return immediately.
University degrees reflect a general knowledge and understanding about nursing, Niad said, but not about a specific hospital 's or rehab facility's nuanced procedures and standards for care, including how they document and check on medications.
So there's still on-the-job training that must take place before salaries and wages start to spike.
"That's a risk factor," he said. "They are still going to have to start out at a low rate until they get experience."
Oh, but that's another opportunity for pay mobility -- hospitals, for example, will pay seasoned nurses extra for providing that training.
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