Weekly payroll could help retain bank staff and reduce agency spend
The NHS spends close to £3.7bn* each year on temporary staff. Despite the scale of this spending, many NHS organisations still have difficulty monitoring, controlling and managing their temporary staff usage effectively.
Lord Carter's 2016 review of NHS efficiency found workforce an area where up to £2bn of savings could be found across the NHS: by a reduction in agency spend and absenteeism, better use of clinical staff and adopting good people management practices. Here, we summarise some good practice that organisations can undertake, and how our payroll services can assist.
Good practice in managing temporary staff:
- Effective use of technology to roster and bank services
- A large, flexible cohort of bank staff
- A strong procurement team
- Detailed management information to help decision-making
- Most importantly - operational managers, clinicians, human resources and finance managers working collaboratively to manage workforce challenges
Whilst it is important to minimise the impact temporary staffing has on an organisation through good practice, it is also important to understand the many different reasons individuals choose agency working, where you can have an impact on this and how partner organisations can support you.
Our research has identified one of the reasons nurses choose to work for agencies is swift payment. At NHS SBS we can help you have an impact on reducing this turnover by setting up a weekly payroll, which could help retain your bank staff and reduce your spend on agencies.
Setting up a weekly payroll is easy for NHS SBS clients as you are already set up on our systems. We can get your weekly payroll up and running almost instantly.
NHS spending on its contingent workforce is under intense scrutiny. NHS Improvement is clearly focused on driving better control and reduced spending on temporary workforce management, and we are proud to already be supporting more than 70 trusts and boards on this journey.
For more information about our weekly payroll service, contact NSBS.firstname.lastname@example.org
*Source: The Daily Telegraph, May 2016.