The Economic Value of Job Crafting Interventions in Healthcare: An Utility Analysis Based on Romanian Income Data

Objectives: The aim of the study was to estimate the economic value of job crafting interventions for the Romanian medical field. Materials and Methods: The utility analysis was used, representing the evaluation of the economic impact of human resource management solutions based on mathematical form...

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Main Authors: Adriana COTEL, Bogdan OPREA, Florinda GOLU, Claudiu Gabriel IONESCU, Monica LICU
Format: Article
Language:English
Published: Media Med Publicis 2023-09-01
Series:Modern Medicine
Subjects:
Online Access:https://medicinamoderna.ro/wp-content/uploads/2023/09/The-Economic-Value-of-Job-Crafting-Interventions-in-Healthcare-An-Utility-Analysis-Based-on-Romanian-Income-Data.pdf
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author Adriana COTEL
Bogdan OPREA
Florinda GOLU
Claudiu Gabriel IONESCU
Monica LICU
author_facet Adriana COTEL
Bogdan OPREA
Florinda GOLU
Claudiu Gabriel IONESCU
Monica LICU
author_sort Adriana COTEL
collection DOAJ
description Objectives: The aim of the study was to estimate the economic value of job crafting interventions for the Romanian medical field. Materials and Methods: The utility analysis was used, representing the evaluation of the economic impact of human resource management solutions based on mathematical formulas. Meta analytical data show that job crafting interventions have a positive impact on the performance of healthcare workers. We estimated the financial value of these psychological interventions in three ways: monetary increase in productivity, percentage increase in productivity, and reduction in labor costs. Outcomes: The results indicate substantial benefits for the healthcare field as a result of job crafting interventions, as measured by monetary increases in productivity. The percentage increase in productivity was estimated at 14% for a period of three months. The reduction in labor costs was estimated at 12% over a three-month period. Conclusions: Job crafting interventions could have a significant economic value for the Romanian medical sector.
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spelling doaj.art-522587923bdc4fea88628bb002e7cad02023-09-27T10:55:47ZengMedia Med PublicisModern Medicine1223-04722360-24732023-09-01303231260https://doi.org/10.31689/rmm.2023.30.3.251The Economic Value of Job Crafting Interventions in Healthcare: An Utility Analysis Based on Romanian Income DataAdriana COTEL0Bogdan OPREA1https://orcid.org/0000-0002-6868-7916Florinda GOLU2Claudiu Gabriel IONESCU3https://orcid.org/0000-0002-5455-395XMonica LICU4”Carol Davila” University of Medicine and Pharmacy, Bucharest, RomaniaDepartment of Psychology and Cognitive Sciences, University of Bucharest, Bucharest, RomaniaDepartment of Psychology and Cognitive Sciences, University of Bucharest, Bucharest, Romania”Carol Davila” University of Medicine and Pharmacy, Bucharest, Romania”Carol Davila” University of Medicine and Pharmacy, Bucharest, RomaniaObjectives: The aim of the study was to estimate the economic value of job crafting interventions for the Romanian medical field. Materials and Methods: The utility analysis was used, representing the evaluation of the economic impact of human resource management solutions based on mathematical formulas. Meta analytical data show that job crafting interventions have a positive impact on the performance of healthcare workers. We estimated the financial value of these psychological interventions in three ways: monetary increase in productivity, percentage increase in productivity, and reduction in labor costs. Outcomes: The results indicate substantial benefits for the healthcare field as a result of job crafting interventions, as measured by monetary increases in productivity. The percentage increase in productivity was estimated at 14% for a period of three months. The reduction in labor costs was estimated at 12% over a three-month period. Conclusions: Job crafting interventions could have a significant economic value for the Romanian medical sector.https://medicinamoderna.ro/wp-content/uploads/2023/09/The-Economic-Value-of-Job-Crafting-Interventions-in-Healthcare-An-Utility-Analysis-Based-on-Romanian-Income-Data.pdfjob crafting interventionsutility analysisoccupational healthhealthcare workersromanian medical sector
spellingShingle Adriana COTEL
Bogdan OPREA
Florinda GOLU
Claudiu Gabriel IONESCU
Monica LICU
The Economic Value of Job Crafting Interventions in Healthcare: An Utility Analysis Based on Romanian Income Data
Modern Medicine
job crafting interventions
utility analysis
occupational health
healthcare workers
romanian medical sector
title The Economic Value of Job Crafting Interventions in Healthcare: An Utility Analysis Based on Romanian Income Data
title_full The Economic Value of Job Crafting Interventions in Healthcare: An Utility Analysis Based on Romanian Income Data
title_fullStr The Economic Value of Job Crafting Interventions in Healthcare: An Utility Analysis Based on Romanian Income Data
title_full_unstemmed The Economic Value of Job Crafting Interventions in Healthcare: An Utility Analysis Based on Romanian Income Data
title_short The Economic Value of Job Crafting Interventions in Healthcare: An Utility Analysis Based on Romanian Income Data
title_sort economic value of job crafting interventions in healthcare an utility analysis based on romanian income data
topic job crafting interventions
utility analysis
occupational health
healthcare workers
romanian medical sector
url https://medicinamoderna.ro/wp-content/uploads/2023/09/The-Economic-Value-of-Job-Crafting-Interventions-in-Healthcare-An-Utility-Analysis-Based-on-Romanian-Income-Data.pdf
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