ROLLA, Mo., March 27 /PRNewswire/ -- While today's shaky economy has many people worried about job security, the nursing field has been an exception. In fact, there is currently a critical shortage of nurses in the U.S. by some 44,000 positions. Furthermore, according to the latest projections from the U.S. Bureau of Labor Statistics, more than 1.2 million new and replacement nurses will be needed by 2014 -- and government analysts project that more than 703,000 new RN positions will be created through 2014.
A new website, NurseAuction.com (http://www.nurseauction.com), has launched in hopes of filling the current and projected void. "The site is based on the law of supply and demand," said Dr. Olusanya, company founder. "There's obviously an enormous need for nurses. However, many nurses are leaving the field because they are overworked and underpaid."
NurseAuction.com, he noted, is designed to spur interest in the nursing field, increase the retention of nurses by compensating them for their worth, and set a trading floor that will determine market prices for nurse shifts.
"It's a win-win situation for both nurses and employers across the country," he stated. "Nurses can set minimum bids and select the shifts they prefer to work. Employers can fill the gaps in their nursing rotations with qualified, eager nurses."
So how does NurseAuction.com work? The site features live auctions in
which nurses actually open personal bids based on available dates to work.
They also request bids from employers starting at a minimum rate. A rating
system ranks nurses based on professionalism and reliability. Nurses'
profiles include an ID number, date last logged in, address, sex, states
certified in, certification details, categories available to work in,
average rating and even hobbies. Employers who bid must offer detailed
information about jobs, including nurse-to-bed ratio, computerized
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