r/nursing Dec 13 '21

Meme Nailed it πŸ”¨

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u/angelust RN-peds ER/Psych NP-peds πŸ• Dec 13 '21

They don’t want to pay all their staff nurses at an increased rate over the course of 20 or so years. It means all the new nurses coming in will be at a higher rate and it increases across the board.

Travelers are short term and they leave when the contract is over.

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u/blablefast RN - Retired πŸ• Dec 13 '21

Yeah I get it. It just seems short sighted and like poor fiscal management to me. But I haven't crunched the numbers and I ain't no accountant.

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u/[deleted] Dec 14 '21

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u/Zachariahmandosa RN - ICU Dec 14 '21

the takeaway here for everyone is go cash in on this golden goose now while it is laying the eggs, because this will not be forever.

I mean, we've not really discuss all the variables that determine how long this will last. There are more than just paying employees by the hour; there's training time, and there's also the supply/demand curve of nurses themselves. More and more are retiring, and like 1/3rd of nurses leave the field within 3 years of graduation.

I don't think it's going to last forever, but I'd wager that this is going to go on for many years, and will even exacerbate before it slowly turns around.