22 February 2024Read more
The care industry is facing significant recruitment challenges.
Few people want to enter the care industry due to low pay, poor support, and tough working conditions.
Meanwhile, with their already stretched budgets, care companies are unable to act on these issues, leaving them powerless to stop high-quality carers from finding employment elsewhere.
On top of this, recruitment issues have profound financial implications, leading to high turnover costs and impacting care quality.
Strategies for recruitment and retention
While your budget might be tight, there are ways to make your company more attractive to potential staff.
Strategies for saving money
We can’t give you specific advice on recruiting strategies, only broad suggestions that may help in the long run.
However, when it comes to financial strategies to keep your business afloat and possibly provide you with a little more cash, we are the perfect people to ask.
Here’s what we’ve been advising other clients in the care industry:
In all these cases, in fact, an experienced accountant can really help you save money.
We specialise in the finances of care industry businesses and are well aware of the impact that the current recruitment problems are causing.
Please get in touch if you’d like to start saving money and protecting your finances.
20 February 2024Read more