One way hospitals are retaining new nurses after the company has invested a substantial amount of time, money and resources is requiring the new nurse to sign a contract to work for a certain amount of time. If the nurse backs out of the contract she/he is obligated to pay back a certain amount of the cost. Staff who are in a good environment will likely stay and those in a toxic environment will move on. But what if they can’t move on because of these contracts? Will this lead to toxic work environments and disgruntled employees? What are your thoughts on contracts of this type? Do you or anyone you know have experiences with contracts to work for a designated length of time or pay a penalty? What are some pros and cons of this type of contract arrangement?
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