Beyond Raises: Long Island Companies Get Creative in Competing for Employees

Summary


Recruiting in an economy with a low unemployment rate is costly and difficult, especially in professions with shortages, such as nursing. But St. Francis Hospital in Roslyn found a prescription to attract and retain nurses.

The hospital, which offers bonuses and profit sharing, was named among the best places in the state to work by the New York State Society for Human Resource Management for its efforts to provide a welcoming workplace.

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Extract


Beyond Raises: Long Island Companies Get Creative in Competing for Employees

St. Francis and some other large organizations are finding it pays to be an employer of choice, a loose term to describe companies that work hard to create a welcoming environment for employees.

"Our retention in nursing is very high. Our employee turnover rates ar...

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