Welcome to the ShiftMed blog where we discuss everything nursing, from professional insights to healthcare holidays to helpful hints for working with us.
When you claim shifts with ShiftMed, you're part of a team working as a W-2 employee—not a 1099 lone wolf. Unsure of the differences between W-2 employees and 1099 contractors? Don't worry; we'll break it down in the simplest, most entertaining way possible and discuss how these employment classifications influence your payroll taxes.
In the ever-evolving healthcare sector, facilities are grappling with the daunting task of managing their workforce efficiently. The hiring process often presents numerous challenges - from finding qualified professionals on short notice to ensuring compliance with legal regulations. This complexity intensifies for leaders within the post-acute and hospital system space, given their unique staffing needs and regulatory requirements. Amidst this landscape, a transformative solution is imperative to navigate these turbulent waters.
Worker misclassification is a pressing issue in healthcare staffing relationships, with significant implications for healthcare facilities and professionals. Properly classifying workers as either W-2 employees or 1099 independent contractors is crucial to comply with tax obligations, labor laws, and ensure worker benefits.
Healthcare staffing marketplaces have become essential in addressing the workforce crisis faced by healthcare facilities. Navigating the various models and terminology between on-demand, flexible, workforce marketplace, latent supply, 1099 Gig, and workforce ecosystem can be daunting.
The healthcare industry continues to evolve in response to ever-increasing demands. Amid this evolution, the role of nurses remains pivotal, necessitating a comprehensive strategy to incentivize their performance and commitment. This is where nurse staffing incentives come into play, aiding healthcare organizations in enhancing productivity, improving patient outcomes, ensuring quality care, and boosting staff retention. As a complete healthcare workforce solution, ShiftMed offers an extensive suite of benefits that can significantly contribute to these objectives and streamline healthcare professionals' work processes.
The COVID-19 pandemic has shed light on the critical role that healthcare workers play in our society, but it has also highlighted the risks of workforce instability in healthcare facilities. This instability can have significant budget implications, affect the quality of patient care, and lead to staff burnout and turnover. Furthermore, healthcare facilities face legal and regulatory risks if they fail to maintain a stable workforce.
Latent workforce opportunities in healthcare refer to untapped pools of internal and external labor that can help solve staffing challenges. With the ongoing healthcare staffing crisis, exploring these opportunities is critical to ensure high-quality patient care while reducing labor costs. One innovative solution to accessing internal and external labor is ShiftMed's technology platform, which empowers healthcare systems and facilities to seamlessly manage their internal labor pools and tap into a W-2 on-demand marketplace of over 350,000 credentialed nurses.
