There is a booming demand of travel nurses. This can be mainly attributed to the confluence of positive factors in the recruitment vertical of the healthcare industry. Naturally, there is a strong preference for number of insured people particularly with continued employment growth. The vacancies can be as a result of aging healthcare workforce or maybe with nurses cutting back on their work hours in the scenario of improved economy. As the nurses reach the age of 55, there can be seen an increased trend of leaving the hospital careers at an increased pace. The benefit of travel nurses is that when a vacancy needs to be filled in a particular geographic location or maybe a particular speciality, it is great if you can get someone to travel and fill the vacancy up on a contract basis.
The positive of travel nurses are that they can be utilised to fill the long term vacancies, which range from a period of 4 – 13 weeks. Nurses can be used to fill in vacancies which are vacation absences, weekday or weekend shifts. Hospitals are gradually realizing the positive outcome of effect of weekend staffing. They are starting to form their own flex pools – but it can be very difficult when there is shortage of skilled nurses. Hospitals can even hire recruiters who can help them in building a staff pool but contracting a nurse staffing company can be the best bet. Such companies have access to specialised database of travel nurses and even the incremental costs would be lower for the hospital.
This demand of travel nursing specialised nurses is starting to show an effect on the wages of this section of workforce. Wages are expected to go up to attract specialised nursing personnel to enter the healthcare workforce. It is also expected that increasingly staff will specialise and upgrade their skills to enter the field and assume more responsibilities.
A growth of 8% is expected in the travel nursing sector. There would be an increase in demand of healthcare services, which can be due to improved economy, increasing in aging population, reducing unemployment and rise in number of insured people. Again the reduction in unemployment rates will contribute towards supply of the temporary healthcare staff – as it will directly impact the finances of the family.
An increase in the number of people with health insurance has resulted in a hike for people seeking healthcare services for their medical needs. This has impacted in an increase in demand for travel nurses. There is improvement in hospital profits and they are also becoming more willing to recruit and build a workforce of travel nurses to cater to the hike in inpatient care demands. This demand can also be seen in the specialised nursing areas due to lack of skilled resources. Thus, there are improved opportunities available for nurses who are keen to travel and take up nursing jobs overseas.
Studies show that the demand is higher than the supply of the nurses, particularly specialised nursing jobs. There are great lucrative pay packages, great facilities and locations on offer for travel nurse.