manager would have to do an inventory on supplies in order to determine how

Manager would have to do an inventory on supplies in

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manager would have to do an inventory on supplies in order to determine how much supplies are needed. Accounting for the correct utilization of supplies would decrease waste. The higher ©2020 University of Texas at Arlington Page 6 of 8
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N4455 Nursing Leadership and Management the census the more supplies are probably going to be used, this would account for more supply cost for the unit. 4. You have set two new goals for your unit for the next year related to personnel: Provide stronger unit management support on evening and night shifts and in the absence of the manager. Correct unfavorable efficiency variances due to overtime. To accomplish these goals, you plan to make these changes: Add 1.0 RN FTE position Eliminate 1.5 LVN positions Add 1.5 FTEs NA positions Add 1.0 Assistant HN position at $62,000/year Calculate ONLY the cost of the proposed recommendations for 3 West . Compute totals for each column. If the change represents a reduction in the budget for that category, record the total as a negative number. If it represents an increase in the budget for that category, record the total as a positive number. Positions FTEs Salary Hours Salary Subtotals Benefits Total RN 1 $34 2080 $70,720 $24,752 $95,472 LVN -1.5 $20 2080 $-62,400 $-21,840 $-84,240 NA 1.5 $12.50 2080 $39,000 $13,650 $52,650 AHN 1 62,000 XXXXX $62,000 $21,700 $83,700 Totals 2 XXXXX XXXXX $109,320 $38,262 $147,582 5. Assume your proposal was approved. Calculate the new personnel budget (You will use your budget from question 2 and account for the changes you requested in question 4). Compute totals for each column. Positions FTEs Salary Hours Salary Subtotals Benefits Total Manager 1 $76,000 XXXXX $76,000 $26,600 $102,600 AHN 1 $62,000 XXXXX $62,000 $21,700 $83,700 RN 31 $34 2080 $2,192,320 $767,312 $2,959,632 LVN 2.5 $20 2080 $104,000 $36,400 $140,400 ©2020 University of Texas at Arlington Page 7 of 8
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N4455 Nursing Leadership and Management NA 7.5 $12.50 2080 $195,000 $68,250 $263,250 Sec 2.5 $11.00 2080 $57,200 $20,020 $77,220 Totals 45.5 XXXXX XXXXX $2,686,520 $940,282 $3,626,802 ©2020 University of Texas at Arlington Page 8 of 8
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