Hospitality Property School

Employee Turnover at Your Property is Expensive | Ep. #165

Informações:

Sinopsis

Employee turnover is costing you money. Here is what you need to do to stop losing great employees and throwing money out the window.Turnover rates in the hospitality industry have grown in past years, in some sectors up to 70% and this includes the hospitality property sector.Turnover can impact everything from staff morale to a property’s ability to deliver consistent guest experiences, to budget and overall profit margins. While there are many factors that contribute to an employee’s decision to leave, it’s up to properties owners and managers to take corrective action. Research has shown that owners, managers and executives polled believe an improved employee experience is important, only 22% reported that their properties excel in making this a priority.What can you do in making a happier, more engaged team? I’ll look at three strategies that have shown to immediately improve your employee's experience, productivity, and a brand’s bottom line.•Connect with your employees the right way•Empower employees w