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EMPLOYEE RECOGNITION IN THE HOSPITALITY INDUSTRY

According to the Bureau of Labor Statistics, the hospitality sector has an annual turnover rate of 73.8%, with around 6% of staff leaving every month.

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The State of Employee Recognition in Hospitality

According to the Bureau of Labor Statistics, the hospitality sector has an annual turnover rate of 73.8%, with around 6% of staff leaving every month.

According to the Bureau of Labor Statistics, the hospitality sector has an annual turnover rate of 73.8%, with around 6% of staff leaving every month. Hospitality and leisure employment, however, has continued to trend up in line with its previous 12-month average as of March 2019. The sector has added 33,000 jobs since January 2019. Tourism employs 1 in 10 people in the global economy, according to the World Travel and Tourism Council.

Yet, the hospitality sector still leads in job opening rates, according to the Bureau of Labor Statistics. These low unemployment rates have created an increase and operating costs and resulting in upward pressure on compensation.

Why do hospitality employees leave?

Think Education reveals that one in two (48 per cent) of those working in the hospitality, tourism, and events industries feel ‘stuck’ in their job. 

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How to Combat Hospitality Turnover with Employee Recognition

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6 Ways Employee Recognition can Boost Employee Engagement in Hospitality

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Employee Engagement Hospitality
6 Ways Employee Recognition can Boost Employee Engagement in Hospitality

Get the full guide here. 

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