Hard Rock International and Seminole Gaming Surprise U.S. Workforce With Substantial Wage Increases Nationwide
Seminole Gaming | September 20, 2022
HOLLYWOOD, Fla., Sept. 20, 2022 — Hard Rock International and Seminole Gaming today announced wage increases for half its U.S. workforce. The increases apply to U.S. team members and new hires at company managed Hotel, Casino and Cafe locations nationwide. 95 job classifications, including cooks, housekeepers, security, public space, call center and many more are among the greatest impacted. In some cases, starting wages are increasing by over 60 percent. The new starting wages range between $18 and $21 an hour, with minimal exceptions – more than 2.5 times the Federal minimum wage and exceeding each U.S. state minimum wage. ...
youtip | June 21, 2022
2nd Annual Digital Donation Drive to feature Cash Grab Money Booth; Proceeds donated to the HFTP Foundation via the youtip digital tipping platform Chicago — June 21, 2022 — Next week at HITEC Orlando in youtip Booth 2007, attendees will have the opportunity to “Catch Cash for a Cause” with all proceeds donated to the HFTP® Foundation (the philanthropic arm of Hospitality Financial and Technology Professionals that helps secure nonprofit funding for hospitality and travel industry-related research, educational projects, and scholarships). As part of its 2nd Annual Digital Donation Drive, youtip will enable participants to catc...
American Accounting Association | February 10, 2021
LAKEWOOD RANCH, FL - Feb. 10, 2021 - A study of more than 400 managers in a national hotel chain finds that the more those managers are compensated relative to their peers, the better their performance. Researchers argue that the results would hold true across industry sectors. "In many companies, employee performance is rewarded with bonuses – so companies pay for what they get out of each employee," says Jim Hesford, co-author of the study and an associate professor of accounting at the University of Missouri – St. Louis. "In this case, the company didn't pay remarkable bonuses. But we found that higher compensation results in be...
Chris Whitlow | March 26, 2018
By Chris Whitlow PwC reports that a third of the American workforce is stressed about their personal financial situation and they bring those frustrations to work. Additionally, the average wage for many employees in the hotel and travel-related industries is about $11 per hour, with many desk and service workers making less. This means that many hotel workers are stretching their paychecks each month to both cover bills and try to plan for their future. For hotel and hospitality employers, helping their employees better address their financial stresses can not only reduce turnover rates, but also foster a healthier workforce overall. W...
Chris Whitlow | October 12, 2017
By Chris Whitlow Many people might assume working in hospitality is less stressful than other industries. While hospitality employees may work in a luxurious environment, surrounded by happy families and individuals on vacation, their jobs can still be extremely stressful. In addition to meeting their managers' high expectations, working long and sometimes non-traditional shifts, and the never-ending needs of new customers every day, hospitality employees are also expected to be helpful, pleasant and friendly to each customer they encounter. This work-related stress is in addition to whatever issues hospitality employees may have going ...
Leora H Lanz | October 4, 2017
By Leora H Lanz and Eydie Shapiro This is a very common question, and yet one which typically has a complicated answer. But should it? It's unfortunate that many hotels boast about how much money was spent on artwork decorating their lobbies and yet compensation increases for the sales managers who book business to their rooms are embarrassingly low. Sadly, the cost of living, the price of gas, and other expenses have increased, while, generally, the rate of pay increase has either stayed stagnant or has not kept up. Recently, we've been approached by a handful of different hotel owners asking for guidance on how to compensate the sales...
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