You have been appointed to chair a hospital-wide committee to develop and implement a plan to retain new nursing staff. Your Chief Nursing Officer has provided you with a summary report indicating a steady increase in new nurses resigning over the last six months. You will need to identify the various resources available for retaining staff, establish a clear benchmark and design a specific plan of action for reversing this trend. Your focus is to implement a plan to retain newly hired nurses for a minimum of 3 years.