Differentials play a critical role in addressing various challenges within the healthcare system. They help to:
- Attract and Retain Talent: Competitive compensation packages, including differentials, make nursing positions more attractive, helping to address shortages. - Equity in Pay: Differentials ensure that nurses are fairly compensated for the additional skills, experience, or inconveniences associated with their roles. - Job Satisfaction: Adequate compensation contributes to overall job satisfaction, which can reduce turnover rates and improve patient care.
