Some pros of a fixed budget is how consistent it is, and doesn’t take a lot of thought. Day by day, month by month, you can know what to expect. However, it does take a lot of discipline and stringent financial planning. The biggest issue in my department (milieu department) is full time employees and budgeting their hours. We have a fixed income for payroll, so it is crucial to avoid overtime and manage people who are on the clock.
Pros of variable expense is you have the flexibility to make decisions on case by case situation. Funds can be distributed to the areas that need attention rather than being strictly enforced to a fixed budget per department. However variable budgets take a lot of thought and time to distribute funds.
There are many reasons for the shortage of nurses. One of the reasons that stuck out to me in the article provided is that nursing used to be one of