Recruitment Budget Planning for 2024

Dec 11, 2023

As the end of the year draws near, your facility has either completed its 2024 recruiting budget, or it's in the the final stages of establishing the plan for next year. So how can you head into the new year confidently feeling like you’re prepared for your facility’s hiring needs? 

The recruiting industry has a tendency to be reactive. Which, for a while, made sense. After all, why spend money on recruiting when you don’t have openings? But as the physician shortage continues and healthcare workers leave their careers due to burnout, openings aren’t just a possibility—they’re a guarantee. Which means the question is no longer, “Will I have to invest in hiring services?” The question is, “How much will I have to invest in hiring services?” 

Let’s consider your investment options:

Recruitment Subscriptions

It’s no secret that physicians are demanding higher salaries each year, especially because less people are seeking healthcare professions than ever before. This leads many healthcare recruiters to believe that they need to have a large recruiting budget in order to attract top talent. But that’s not always the case. A recruitment subscription could be the right option for your facility as it allows your jobs to stay top of mind for a large pool of providers while paying a small, monthly fee. And as your recruiting needs change, (because they definitely will!), the pipeline of candidates created for you is your resource to take advantage of. If your facility would benefit from high-volume, low-cost hiring, our Essential Subscription is the best option for your budget. 

Hybrid Solutions

Recruitment subscriptions and candidate pipelines are beneficial for any healthcare facility. But maybe you’ve already planned your 2024 budget and you need something with a lower monthly cost. Hybrid subscriptions exist to keep your monthly cost low, while still building rapport with candidates throughout the year. This solution comes with a small placement fee paid upon hire. Sometimes, it’s easier to adjust the budget when you know you’re hiring a provider and filling in lost revenue. If this sounds like your budget plan for the next year, Inline’s Flex Subscription may be the best for you.

The On Demand Option

Despite never charging placement fees in the past, some clients expressed a dire need for no-risk sourcing. Thus, we added our On Demand subscription model. You still receive the same great sourcing and screening from Inline. However, you pay zero fees upfront. You simply pay a completion fee once you make a hire. And to make your recruiting life even easier, you can sign up online anytime. 

The Best Plan is the One You Have

Healthcare recruiting is anything but predictable. Ultimately, the best plan is to simple have a plan at all! As you head into 2024, Inline can provide you with a sourcing and screening platform that fits your budget and sets you up for long-term hiring success. And if you're still not sure what your investment in a recruiting service should be, you can always Get a Quote directly from our website without ever picking up the phone. Just tell us what your facility's hiring needs are for the new year and we'll send you a no hassle quote in 1-2 business days. Happy budget planning and Happy New Year!


Recruiters, Recruiting Tips


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