I would also revise the budget for supply costs overtime hours to keep the

I would also revise the budget for supply costs

This preview shows page 5 - 7 out of 7 pages.

accommodate the average daily census and keep the salary expenses down. I would also revise the budget for supply costs, overtime hours to keep the operating costs down and try to keep them within or close to the actual costs. ©2020 University of Texas at Arlington Page 5 of 7
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N4455 Nursing Leadership and Management 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 $36 2080 $74,880 $26,208 $101,088 LVN -1.5 $22 2080 -$68,640 -$24,024 -$92,664 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 $107,240 $37,534 $144,774 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 $78,000 XXXXX $78,000 $27,300 $105,300 AHN 1 $62,000 XXXXX $62,000 $21,700 $83,700 RN 31 $36 2080 $2,321,280 $812,448 $3,133,728 LVN 2.5 $22 2080 $114,400 $40,040 $154,440 NA 7.5 $12.5 2080 $195,000 $68,250 $263,250 ©2020 University of Texas at Arlington Page 6 of 7
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N4455 Nursing Leadership and Management Sec 2.5 $11 2080 $57,200 $20,020 $77,220 Totals 45.5 XXXXX XXXXX 2,827,880 989,758 3,817,638 ©2020 University of Texas at Arlington Page 7 of 7
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