The healthcare industry is quickly approaching the $4 trillion mark. Within the next 10 years, healthcare will hit another major milestone—$5.5 trillion. That’s one out of every $5 spent in the country, almost 20 percent of the entire gross domestic product for the United States.
In order to keep up with this rapid growth, the industry is hiring more people than ever before. Healthcare already employs almost 10 percent of the working population of the U.S., roughly 12 million people, and it has added half a million jobs in the last year alone. At the same time, employee turnover continues to be an issue. Dallas, specifically, has a turnover rate 5 percent higher than the national average.
When a company expects growth as a natural outcome, it begins to orient its culture in a way that will aid employee retention and support career development. We take the time to recognize our people as our most valuable asset at Axxess, which led to an employee retention rate of 98 percent last year.
