External Factors Influencing Rates
Supply of Locums & Demand from other pharmacies for their services
Day of Shift – Weekends shifts demand a high rate
Time of Shift – Unsociable hours demand a high rate
Holiday’s – Ramadan & Christmas Holiday’s see record Locum Rates
Internal Factors Influencing Rates
Size of pool – How many direct locums you have in your pool
How you manage leave – the ability to forward plan to fill gaps
How quickly coordinators send shifts – speed in which shifts are distributed
Understanding best rates by region – using metrics/data to define rate