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Senior Residing Staffing Shortages Getting Much less Extreme, Labor Stays Prime Concern

Staffing shortages could also be getting much less extreme throughout the trade, based on a brand new survey of senior…

By Staff , in Senior Living , at May 6, 2022

Staffing shortages could also be getting much less extreme throughout the trade, based on a brand new survey of senior residing trade executives. However workforce challenges haven’t totally abated, both.

The survey, which the Nationwide Funding Heart for Seniors Housing & Care launched Thursday, confirmed that 19% of executives had reported extreme staffing shortages between April 4 to Might 1; in contrast with 27% who mentioned the identical in a earlier NIC survey performed between March 7 and April 3.

However whereas they might be getting much less acute, staffing headwinds haven’t let up, both. Though fewer operators who responded to the survey reported extreme shortages, almost three quarters of them (73%) reported seeing average staffing shortages throughout that interval, in contrast with 67% who mentioned the identical within the earlier survey.

Higher than one quarter of respondents mentioned greater than 20% of their group positions are nonetheless unfilled, whereas a half of respondents reported between 11% and 20% of their group positions are nonetheless unfilled. And 89% nonetheless see attracting group employees and caregivers to be one of many biggest challenges they face as we speak.

The newest survey included responses from executives and house owners of 65 senior housing and expert nursing operators throughout the nation.

As for what senior residing operators are doing to draw employees, most (70%) nonetheless depend on rising wages, with one other 9% setting extra versatile schedules and 6% doing outreach with college students.

Different operators have applied same-day pay, versatile scheduling, and different strategies to draw and retain employees.

“If the one technique to entice [workers] constantly is to extend wages, it’s actually going to place extra stress on NOI at a time when [operators] try to develop occupancy charges,” NIC Senior Principal Lana Peck instructed Senior Housing Information. 

Different challenges included working bills, with 80% of respondents figuring out it as a prime problem for this yr.

On the occupancy entrance, 51% of respondents mentioned they anticipate full occupancy restoration to happen in 2023, with the bulk anticipating it to occur within the first half of 2023.

That could be a notable distinction from final fall, when 73% of the surveyed executives mentioned they thought occupancy would bounce again to pre-Covid ranges in some unspecified time in the future this yr. Now, solely 44% mentioned the identical within the newest survey.

A bit greater than half of the surveyed executives (52%) mentioned lead volumes had been above pre-pandemic ranges in April, which Peck mentioned is a notable enhance in contrast with the same govt survey in February when solely 33% mentioned the identical factor.

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