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Healthcare

Providence

Providence operates more than 50 hospitals and 800 clinics in the western U.S.

Summary

Industry: Healthcare Headquarters: Renton, WA Employees: 120,000 Challenge: Determine if and how raising salaries will affect turnover, and what it would cost Solution: Leverage historical data and survival analysis

Visier Solutions

Results

$6M saved annually by upping pay

30% improved retention in key areas

< 1% of jobs analyzed were sensitive to pay

Pay is one of the reasons people leave. We’ve seen pay go up and down in importance, and right now pay as a reason [for staying or quitting] is on an upswing.

Gary Russo

Director of Workforce Intelligence

Results-driven decision making in your hands