retaining your best employees starts with hiring the right

24
1 Retaining Your Best Employees Starts with Hiring The Right People Noemi Barraza, PHR Vice president, human resources and business development Creative Business Resources Phoenix Sky Parker Agency director, Creative Business Resources Phoenix Rebekah Phillips, RN, BSN, MBA, CMPE Practice administrator, Pediatrics 5280 Centennial, Colo. MGMA has determined that Noemi Barraza and Sky Parker have a financial interest in healthcare benefits. The content of this session has been reviewed and has been determined not to be a conflict of interest. Rebekah Phillips does not have any financial conflicts to report at this time.

Upload: others

Post on 19-Nov-2021

4 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Retaining Your Best Employees Starts with Hiring The Right

1

Retaining Your Best Employees Starts with Hiring The Right PeopleNoemi Barraza, PHR

Vice president, human resources and business development

Creative Business Resources

Phoenix

Sky Parker

Agency director, Creative Business Resources

Phoenix

Rebekah Phillips, RN, BSN, MBA, CMPE

Practice administrator, Pediatrics 5280

Centennial, Colo.

MGMA has determined that Noemi Barraza and Sky Parker have a financial interest in healthcare

benefits. The content of this session has been reviewed and has been determined not to be a

conflict of interest. Rebekah Phillips does not have any financial conflicts to report at this time.

Page 2: Retaining Your Best Employees Starts with Hiring The Right

2

©2017 MGMA. All rights reserved.

Learning Objectives

• Structure a hiring process that identifies

candidates with high success rates in

the workplace

• Outline exact steps to reward your best

staff and drive their retention

• Apply a process to address vacancies

that would minimize costs and stress on

current staff

- 4 -©2017 MGMA. All rights reserved.

“Human Capital is the most

valuable asset in your

practice. However… It is

your greatest liability”

©2017 MGMA. All rights reserved

Page 3: Retaining Your Best Employees Starts with Hiring The Right

3

- 5 -©2017 MGMA. All rights reserved.

©2017 MGMA. All rights reserved

Page 4: Retaining Your Best Employees Starts with Hiring The Right

4

©2017 MGMA. All rights reserved.

How do you find talent?

©2017 MGMA. All rights reserved.

Page 5: Retaining Your Best Employees Starts with Hiring The Right

5

©2017 MGMA. All rights reserved.

A bad hire can cost around

30% of the employee’s

potential first year earnings,

according to the

U.S Department of Labor

©2017 MGMA. All rights reserved.

Page 6: Retaining Your Best Employees Starts with Hiring The Right

6

©2017 MGMA. All rights reserved.

• Writing the Job Ad

• Job Boards

• Internal Referrals

• Career Fair

Recruiting

©2017 MGMA. All rights reserved.

Page 7: Retaining Your Best Employees Starts with Hiring The Right

7

©2017 MGMA. All rights reserved.

Writing a Job Ad

How to say enough but not too much!

©2017 MGMA. All rights reserved.

Job Postings➢ Be specific about the role

➢ Tell Them About Your Company

➢ Distinguish the ‘Must Haves’ From ‘Nice-to-Haves’

• Skills

• Education

• Required licenses

• Experience

➢ Short description of the general responsibilities.

➢ Essential job functions. (Those at the core of the job)

➢ Ask for a cover letter

➢ Talk to the applicants directly. “ You will be…

Page 8: Retaining Your Best Employees Starts with Hiring The Right

8

©2017 MGMA. All rights reserved.

©2017 MGMA. All rights reserved.

Where to Post the Ad???

Recruiting Websites Internal Referrals Job/Career Fairs

Recruiting Websites – Indeed,

LinkedIn, Glassdoor,

CareerBuilder, ZipRecruiter,

Monster, Google Jobs,

LinkUp,

HealthcareJobsite.com

Offer a signing bonus to

employees whose

referrals last longer than

90 days

Job/Career Fairs

College Campus’s

Internship Programs

Page 9: Retaining Your Best Employees Starts with Hiring The Right

9

©2017 MGMA. All rights reserved.

©2017 MGMA. All rights reserved.

Use of Social Media

• Posting ads

• Finding applicants

• Viewing potential candidates

Page 10: Retaining Your Best Employees Starts with Hiring The Right

10

©2017 MGMA. All rights reserved.

Recruiting Process

• Pre-screen questionnaire

• Benefits Summary

• Application

• Reference Checks

©2017 MGMA. All rights reserved.

Page 11: Retaining Your Best Employees Starts with Hiring The Right

11

©2017 MGMA. All rights reserved.

©2017 MGMA. All rights reserved.

Initial Personality and Skills Assessments

Page 12: Retaining Your Best Employees Starts with Hiring The Right

12

©2017 MGMA. All rights reserved.

Interview

• Team members should also interview

the candidate without the manager

• Give realistic expectations about the

job

• Working Interviews

• Be aware of legal issues when

formulating questions

©2017 MGMA. All rights reserved.

Interview Questions

Page 13: Retaining Your Best Employees Starts with Hiring The Right

13

©2017 MGMA. All rights reserved.

What is your hiring process?

©2017 MGMA. All rights reserved.

Page 14: Retaining Your Best Employees Starts with Hiring The Right

14

©2017 MGMA. All rights reserved.

Onboarding Orientation

©2017 MGMA. All rights reserved.

Review Employee Handbook

Drug & Background ChecksTraining Schedule

Offer Letter

New Hire Packet Benefits

Page 15: Retaining Your Best Employees Starts with Hiring The Right

15

©2017 MGMA. All rights reserved.

Org Chart

Physician’s Assistant

Physician/Owner

Nurse Practitioner

Clinical Supervisor

Billing Staff

Practice Manager

Medical Assistant

Medical Records

Administrator

Back Office Supervisor

Front Desk Receptionist

- 30 -©2017 MGMA. All rights reserved.

Practice

Owners

Key Administrators

Support Staff

Page 16: Retaining Your Best Employees Starts with Hiring The Right

16

©2017 MGMA. All rights reserved.

Identifying Key Employees

✓ Core Benefits✓ Highly Compensated Employees✓ Executive Compensation

©2017 MGMA. All rights reserved

Page 17: Retaining Your Best Employees Starts with Hiring The Right

17

©2017 MGMA. All rights reserved.

What are you doing to develop your team?

©2017 MGMA. All rights reserved.

Developing your staff

❖Identify the need for development

❖ Personality assessment for current employees

❖One-on-One training

❖Mentor program with co-workers

❖An investment in your employees’ skill

sets is an investment in your company

Page 18: Retaining Your Best Employees Starts with Hiring The Right

18

©2017 MGMA. All rights reserved.

Group Coaching

“The illiterate of the 21st century will not be

those who cannot read and write, but those

who cannot learn, unlearn, and

relearn.” ~Alvin Toffler

- 36 -©2017 MGMA. All rights reserved.

How do you keep your employees engaged?

Page 19: Retaining Your Best Employees Starts with Hiring The Right

19

©2017 MGMA. All rights reserved.

Communication

Respectful & Positive EnvironmentOpen Door Policy

Get to Know your employees

Clarify expectations

Performance Reviews(Frequent Feedback)

Listen to your employees

Goal Setting

Exit Interviews

©2017 MGMA. All rights reserved.

75% of employees said they would stay in an organization longer if their employer had listened to them and addressed their concerns.

Page 20: Retaining Your Best Employees Starts with Hiring The Right

20

©2017 MGMA. All rights reserved.

How do you retain your talent?

©2017 MGMA. All rights reserved.

Employee Rewards

Happy Employees reduces

turnover and absenteeism

❖ Compensation Analysis

❖ Pay fair

❖ PTO

❖ Sick Time

❖ Leave of Absence

❖ Holidays

❖ Bereavement

❖ Work-Life Balance

❖ Flexible Schedules (4-10)

❖ Employee recognition program

❖ Corporate Wellness

❖ Professional Development

❖ Tuition Reimbursement

❖ Employee appreciation Events

Page 21: Retaining Your Best Employees Starts with Hiring The Right

21

- 41 -©2017 MGMA. All rights reserved.

The Golden Handcuffs

©2017 MGMA. All rights reserved.

What is my competition

offering that could lure my

best people away?

Page 22: Retaining Your Best Employees Starts with Hiring The Right

22

©2017 MGMA. All rights reserved.

➢ Recruiting

➢ Hiring

➢ Developing Employees

➢ Identify Key Employees

➢ Employee Communication

➢ Rewards, Benefits and Compensation

Six strategies to retaining employees

©2017 MGMA. All rights reserved

Retention strategies

can make your

organization a “Best

Place to Work”!

Page 23: Retaining Your Best Employees Starts with Hiring The Right

23

©2017 MGMA. All rights reserved.

Rebekah PhillipsCase Study

- 46 -©2018 MGMA. All rights reserved.

Continuing Education ACMPE credit for medical practice executives…………... 1.5

*AAPC Core B, CPPM credit …………………………………… 1.5

ACHE credit for medical practice executives…………..…. 1.5CME AMA PRA Category 1 Credits™……………………….. 1.5CNE credit for continuing nurse education …………….... 1.5

*CPE credit for certified public accountants (CPAs)……….. 1.8

CEU credit for generic continuing education………..……. 1.5

*AAPC CODE: 5 8 7 6 3 G N S*CPE CODE: 4 0 2 R T

Let the speakers know what you thought!Evaluations will be emailed to you daily.

Page 24: Retaining Your Best Employees Starts with Hiring The Right

24

Questions?

Noemi Barraza

[email protected]

602-200-8500 ext. 2015

Creative Business Resources

1500 E Bethany Home Rd

Phoenix, AZ 85014

Sky Parker

[email protected]

602-667-5570

Creative Business Resources

1500 E Bethany Home Rd

Phoenix, AZ 85014