Pharmacy Technician Career Ladder: Boosting Retention, Growth, and Compensation
Okay, here’s a breakdown of the provided text, focusing on key facts and summarizing the main points.
Overall Topic:
The text details the development and implementation of a career ladder program for pharmacy technicians at Mayo Clinic, designed to improve job satisfaction, retention, and professional development.
Key points:
* Problem: The pharmacy profession, like many others, was experiencing rising resignation rates, notably following the pandemic. National turnover rates were reported as 20-30%, wiht some institutions seeing rates as high as 41%. Contributing factors included increased workload, pandemic stress, resource shortages, and compensation.
* Solution: A Technician Career Development Governance Committee at Mayo Clinic developed a 5-tiered career ladder program.
* Goals of the Ladder:
* Expand engagement in the pharmacy profession.
* Strengthen job satisfaction.
* Support retention.
* Ladder Structure:
* Includes both internal and external opportunities for development.
* Internal Opportunities: Focus on education, research, and quality improvement contributing to departmental advancement.
* External Opportunities: Credentialing and advanced pharmacy leadership education.
* Implementation & Tracking:
* supervisors tracked technician growth.
* Technicians self-reported promotions.
* Human Resources collected and reported overall progress.
* Job satisfaction was measured thru interviews, emails, meetings, and exit surveys.
* HR and the pharmacy department collaborated on retention data.
* Approval & Timing: the 5-tiered structure was approved by HR and compensation departments by the summer of 2022.
* Design Principles: the ladder was designed to be inclusive and aligned with the institution’s core principles of Practice, Education, Research, Quality, and Leadership. Each tier built on the previous one, increasing in complexity and requiring specific educational standards.
* Investment: the ladder was designed to demonstrate an increased investment in both the organization and the employees’ skills and knowledge.
Key Terms/Acronyms:
* DMAIC: Define, Measure, Analyze, Improve, Control (a quality improvement methodology)
* QTR: Quarter
* CPhT-Adv: Certified Pharmacy Technician – Advanced
* CPTEd: Certified Pharmacy Technician Educator
* DPLA: Diploma in Pharmacy Leadership and Management
* MBA: Master of Business Administration
In essence, the text describes a proactive approach by Mayo Clinic to address the challenges of employee retention in the pharmacy technician field by investing in a structured career development program.
