Progress on the Labor Front: Creating an Environment that Retains ‘the Right People’
Remington Hospitality CEO Sloan Dean said although staffing continues to be a challenge, it has eased in some ways: “We now have fewer open jobs, and wage growth has cooled from about 8 percent to 4 percent.” Yet, he said, there’s no denying the problem of turnover, especially among hourly employees in housekeeping and food & beverage, where average turnover is 100 percent. Liv Wang, lead data scientist, ADP Research, cited a recent report from […]
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