Managing Staff Essay
HCA/270 Financial Matters For Health Care Professionals
January 29, 2014
Managing staff can be very challenging, understand the cost of productive and nonproductive work may be as important as any other cost the company may have to plan. Knowing the cost tied to staffing can help a manager to see the labor burden that is present in the current budget. Having choices in using annualized or scheduled-position methods are important steps to plan for future cost and recording the benefits of both will bring the health care manager budgeting options for the organization.
The cost of staffing is a burden that healthcare managers have to plan for in order to provide a …show more content…
When a health care manager records the productive and nonproductive time it helps them to understand the payroll burden the position will cost. This allows for pre-planning of many aspects of the budget as well as the ability to adjust benefits that attract new talent or retain employees with the organization. Greg Rizzuto states in an article that “Depending on the circumstances, two types of arrangements can provide cost savings, reduced administrative burden, and improved staffing flexibility” (Rizzuto, Yallapragada, Roe, Authement, 1999). Even though he is speaking of cost related to healthcare cost with contract labor it still speaks of the two things that drive cost in the industry.
While health care manager are challenged with many issue every day,