Budget and Fiscal Management
BOOK: Yoder-Wise, P.S. (2015). Leading and Managing in Nursing (6th ed). St. Louis, MO: Mosby Elsevier. – Chapters 12, 13, 14, 15
Assignment: (3 references, peer review journal articles less than 5 years)
As Nurse Manager at City Medical Center, you are budgeted to staff your 30 bed unit with four RNs, three LVNs, and two CNAs for the day shift. You learn that one of your RNs is going out on medical leave of absence for six weeks. Your options are to fill the temporary vacancy using per diem nurses, pay overtime for your current staff to work extra or just work with the available staff during this time.
? What would be the pros and cons of each option?
? Include discussion of salary expense,
? Staff satisfaction,
? Patient Safety.
? Write two questions related to topic at the end of the conclusion.
(See chart) Base Salary Schedule at City Medical Center:
RNs: Staff $26/hr
Team Leader $ 26/hr
Per Diem $ 35/hr
LVN: Staff $ 18/hr
CNA: $ 11/hr
Overtime Pay for all staff is 1/1/2 times base salary per hour.
? Accurate citation of facts and ideas, consistently integrates ideas across readings, identifying bigger themes. Answers all components (What would be the pros and cons of each option; Include discussion of salary expense, Staff satisfaction, Patient Safety).
? Thoughts are logically organized at the paragraph level without errors in spelling, grammar, or punctuation.
? Write TWO questions related to the question topic.
? APA format used for all citations and reference listings with no errors.