The costs of nurse turnover: part 1: an economic perspective

J Nurs Adm. 2004 Dec;34(12):562-70. doi: 10.1097/00005110-200412000-00006.


Nurse turnover is costly for healthcare organizations. Administrators and nurse executives need a reliable estimate of nurse turnover costs and the origins of those costs if they are to develop effective measures of reducing nurse turnover and its costs. However, determining how to best capture and quantify nurse turnover costs can be challenging. Part 1 of this series conceptualizes nurse turnover via human capital theory and presents an update of a previously developed method for determining the costs of nurse turnover, the Nursing Turnover Cost Calculation Method. Part 2 (January 2005) presents a recent application of the methodology in an acute care hospital.

Publication types

  • Research Support, Non-U.S. Gov't
  • Review

MeSH terms

  • Accounting
  • Costs and Cost Analysis
  • Education, Nursing, Continuing / economics
  • Efficiency, Organizational
  • Humans
  • Inservice Training / economics
  • Models, Econometric*
  • Nurse Administrators
  • Nursing Administration Research
  • Nursing Staff / economics*
  • Nursing Staff / education
  • Nursing Staff / supply & distribution*
  • Personnel Selection / economics
  • Personnel Staffing and Scheduling / economics
  • Personnel Turnover / economics*
  • Salaries and Fringe Benefits / economics