According to the PricewaterhouseCoopers Saratoga 2011/2012 Human Capital Effectiveness Report, nurses with 1-3 years of experience now have a 13.3 percent voluntary separation rate, compared to 18.1 percent for nurses with 0-1 years of experience and 8.7 percent for nurses with 3-5 years.
The report also found that “high performer” separation rates have increased, with 4.3 percent of high performers leaving their organizations voluntarily in 2010. High performers are defined as those that fall into the top 20 percent of performance rankings.
According to the report, the data suggests there is an opportunity to elevate retention, especially for nurses with tenure of less than three years, a population that experiences double-digit separation rates.
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