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The Real Cost of Turnover: Unlocking Retention Strategies for PT Clinics

Corporate Quality Podcast

Release Date: 06/26/2024

Beyond Gut Feelings: How Data-Driven Leadership Can Save Your Physical Therapy Practice show art Beyond Gut Feelings: How Data-Driven Leadership Can Save Your Physical Therapy Practice

Corporate Quality Podcast

In this episode of the Corporate Quality Podcast, Dr. Gene Shirokobrod and Dr. Ben Fung dive into the crucial role of data in shaping effective leadership and employee engagement within physical therapy practices. Drawing from the latest findings of the and their innovative platform, they discuss why understanding your team’s dynamics in real-time is essential to avoid the pitfalls of mediocrity and disengagement. Discover how the removal of negatives, rather than the mere presence of positives, can profoundly impact team morale and productivity. Whether you’re a clinic owner, manager,...

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The Hidden Dangers of Tolerating Mediocrity in Your Physical Therapy Practice show art The Hidden Dangers of Tolerating Mediocrity in Your Physical Therapy Practice

Corporate Quality Podcast

In this insightful episode of the Corporate Quality Podcast, Dr. Gene Shirokobrod and Dr. Ben Fung delve into the often overlooked issue of mediocrity in physical therapy practices. While many clinics strive for excellence, they unknowingly tolerate mediocrity, which can quietly erode the quality of care and drive top talent away. This week, our hosts reveal key findings from the latest Corporate Quality Index, showing a 64% increase in the importance of ownership mindset and a 51% rise in the workforce’s concern over tolerating mediocrity. Discover why removing negativity is more impactful...

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The Leadership Crisis: How Poor Management Is Driving Your Best Physical Therapist Talent Away show art The Leadership Crisis: How Poor Management Is Driving Your Best Physical Therapist Talent Away

Corporate Quality Podcast

In this episode of the Corporate Quality Podcast, Dr. Gene Shirokobrod and Dr. Ben Fung tackle one of the most pressing issues in the physical therapy industry: leadership. As the latest data from the Corporate Quality Index reveals, great leadership can make or break your practice, directly impacting employee retention, satisfaction, and overall performance. The duo dives deep into why good leaders are becoming a rarity, how poor management can drive even the most dedicated staff away, and what you can do to turn things around. Whether you're struggling with high turnover or just want to...

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Misaligned Intentions: The Real Reasons Physical Therapists Quit show art Misaligned Intentions: The Real Reasons Physical Therapists Quit

Corporate Quality Podcast

Welcome back to the Corporate Quality Podcast with Dr. Gene Shirokobrod and data guru Dr. Ben Fung! In this episode, we dive into the latest insights from the Corporate Quality Index, revealing crucial trends shaping the physical therapy and rehab industries in 2024. Discover why employee retention isn't just about salaries and how culture and ownership mindset play pivotal roles in keeping your team engaged and motivated. Learn about the alarming shifts in workforce focus and how real-time data from our Hiyer platform can help you stay ahead. Tune in for actionable strategies to foster a...

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Turning Authentic Praise into Performance: Unlocking A Missing Leadership Skill PT Practices show art Turning Authentic Praise into Performance: Unlocking A Missing Leadership Skill PT Practices

Corporate Quality Podcast

Dive into a dynamic discussion on the underestimated power of positive reinforcement in the workplace in this episode of the Corporate Quality Podcast. Join Dr. Gene Shirokobrod and analytics guru Dr. Ben Fung as they explore how authentic acknowledgment can transform physical therapy practices from the inside out. Discover actionable strategies for fostering a culture of recognition that not only appreciates achievements but also aligns employee efforts with company goals. From the science of praise to practical tips on providing effective feedback, this episode is packed with insights that...

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The Real Cost of Turnover: Unlocking Retention Strategies for PT Clinics show art The Real Cost of Turnover: Unlocking Retention Strategies for PT Clinics

Corporate Quality Podcast

In this compelling episode of the Corporate Quality Podcast, join Dr. Gene Shirokobrod and data whiz Dr. Ben Funk as they delve into the often-overlooked financial tsunami caused by employee turnover in physical therapy practices. Discover why it takes a new hire eight months to reach full productivity and how this impacts your bottom line. Learn actionable strategies that go beyond mere hiring, focusing instead on retention to enhance your practice’s profitability and operational efficiency. If you're tired of the costly cycle of hiring and want to foster a more stable and productive...

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The Talent Equation: Hiring + Retention Insights for PT Leaders show art The Talent Equation: Hiring + Retention Insights for PT Leaders

Corporate Quality Podcast

In this critical episode of the Corporate Quality Podcast, dive deep into the enduring challenges of hiring and retention within the physical therapy industry. Join Dr. Gene Shirokobrod and Dr. Ben Fung as they dissect the often misunderstood dynamics of the talent cycle in PT businesses. Discover why your hiring difficulties might actually be symptoms of deeper retention issues and explore actionable insights on how improving retention can significantly alleviate hiring struggles. This episode unveils the nuanced relationship between maintaining a robust team and the operational health of...

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A Huge Launch and Paradigm Shift For Your Workforce! show art A Huge Launch and Paradigm Shift For Your Workforce!

Corporate Quality Podcast

Whats the biggest universal issue for physical therapy business? Not reimbursement. Not marketing. It's getting top talent and keeping them. It's time to address the biggest issue once and for all!    

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Survey Says: The State of Physical Therapy Talent Management in 2024 show art Survey Says: The State of Physical Therapy Talent Management in 2024

Corporate Quality Podcast

In this eye-opening episode of the Corporate Quality Podcast, join us as we unpack the preliminary findings of UpDoc's Talent Acquisition and Retention Survey for 2024. With a pulse on the current job market, we dive into the cyclical nature of hiring and retention, and the surprising realities of what talent and managers are actually seeking. Is the disconnect on social media just noise, or is there truth to the tales of talent turnover? How does the intention to stay or seek new opportunities affect industry dynamics? Get the inside scoop on the jarring statistics revealing the motivations...

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Beyond the Idea: Transforming Vision into Business Reality show art Beyond the Idea: Transforming Vision into Business Reality

Corporate Quality Podcast

On this episode of CQP, dive deep into the journey from conceptualizing ideas to actualizing a business, emphasizing the crucial role of middle management in nurturing growth and facilitating smooth transitions between visionary ideals and grounded operations.   Want to connect? Ben: Gene: Explore our reports  

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More Episodes

In this compelling episode of the Corporate Quality Podcast, join Dr. Gene Shirokobrod and data whiz Dr. Ben Funk as they delve into the often-overlooked financial tsunami caused by employee turnover in physical therapy practices. Discover why it takes a new hire eight months to reach full productivity and how this impacts your bottom line. Learn actionable strategies that go beyond mere hiring, focusing instead on retention to enhance your practice’s profitability and operational efficiency. If you're tired of the costly cycle of hiring and want to foster a more stable and productive workplace, this episode is a must-listen!

Visit our website to dive deeper into our innovative retention solutions and sign up for exclusive content that could transform your approach to employee management. Don't let another valuable team member slip through the cracks; tune in, subscribe, and turn your knowledge into action today at gohiyer.com.