Fixing A Leak In The Hotel Profitability Pipeline: How To Manage The Costs Of Employee Turnover

https://www.hospitalitynet.org/news/154000350/4020937.html

One of the most vexing and expensive managerial problems: employee turnover, and particularly turnover of the most productive and effective individuals-continues to plague the hotel industry. A recent study showed that the average turnover level among non-management hotel employees in the US is about 50%, and about 25% for management staff. Thus, small variations in property-wide turnover may have significant financial implications.