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Main Street Steadies as Workers Gain Confidence

Homebase

Continued wage inflation has the majority of workers satisfied with their compensation. Hospitality includes tourism and hotel/lodging businesses. In October 2023, 55% of hourly workers at small businesses said they were satisfied with their compensation. This could signal a turning point in economic stability on Main Street.

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Dollars and Sense: How to Report and Withhold Tax on Tips

Homebase

Tips are most commonly expected in restaurants, hotels, beauty salons, taxis, and food delivery. Managers have the flexibility to determine how tips are incorporated into their team’s compensation. Collaborative settings like hotels may periodically pay out pooled tips as bonus payments.

Report 52
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September Jobs Report: Shifting Your Hotel’s Hiring Tactics

Hireology

Typically in the last year, this has been a consistent pattern in hospitality, largely because hospitality jobs were the hardest hit at the onset of the pandemic so hotels, restaurants, and bars had the most ground to make up. Plus, you’ll be able to turn your employees into your best recruiters, and hire quality talent much faster.

Report 78
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Summer slows down as wages tick up

Homebase

23 baselines) 3 Hospitality includes tourism and hotel/lodging businesses. In August 2023, 54% of hourly workers at small businesses said they were satisfied with their compensation. 23) For workers who receive tips, they are a critical component of compensation. 22, and Jan. ‘23 23); N = 666 (Apr. ‘23); 23); N = 611 (Jun. ‘23);

Tourism 52
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Building a World-Class Team: 7 Insights from Top Executives on Hiring and Retention

Hiretual

Retaining employees is about more than just offering competitive compensation and benefits. As West shows, retaining great people and keeping them engaged in the business is key to turning your strategy into reality. This insight really captures the co-dependency of employees and the organizations they work for to build mutual success.

Retention 118
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How to Prevent the Looming Travel Breakdown

The Staffing Stream

Airports are crowded with mobs of angry, frightened people … For businesses across the Western world — hotels and restaurants, cafes and newsagents, garages and tour operators — this would be nothing short of a disaster. Flights across the world are canceled, leaving thousands of travelers stranded far from home.

Travel 81
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5 tips to boost your 2022 seasonal hiring

CareerArc

97% of the 500 respondents for an American Hotels & Lodging Association study indicated that they’re already experiencing a staffing shortage. Improving safety, therefore, can help you attract those candidates, as well as reduce costly compensation claims.