labor and employment
6 Great Ways to Reduce Absenteeism and Turnover Rates in the Workplace
Dr. Bertrand Audrin | August 21, 2023
By Dr. Bertrand Audrin Absenteeism and high turnover rates are two of the most common difficulties that leaders are facing in today’s tricky employment market where employees are leaving their jobs more frequently and feeling less committed than ever before. While these phenomena are affecting all industries, the services industry is particularly hard hit. Challenges in the hospitality industry The hospitality industry experiences significant employee turnover and absenteeism, having historically had one of the highest turnover rates among private sectors, even prior to the pandemic. These factors pose a substantial financial burden ...
Controlling Hotel Labor Costs With New Integrations to Business Intelligence Platforms
Adam and Larry Mogelonsky | August 2, 2023
By Adam and Larry Mogelonsky HITEC in June 2023 came and went with lots of incredible outings from vendors. While AI was perhaps foremost on the mind, what really stood out for us was the ability for integrated platforms to offer actionable insights to guide incremental profitability for hotels. Speaking from experience, the two of us have worked extensively on helping hotels increase their net operating incomes (NOI), which then has positive second-order effects elsewhere, including the flexibility to innovate in other areas or even to seek more favorable terms from the bank. Driving NOI as well as topline revenues is the name of the g...
Why Digital Leadership Is a Non-Negotiable for Future Success
EHL Insights | August 1, 2023
In today's fast-paced and constantly changing digital world, businesses and organizations face a pressing challenge: how to effectively grow digital leadership. Gone are the days when a good mastery of Powerpoint, Excel sheets, online meetings, and email was enough to succeed in a management role. In today’s workplace, digital leadership requires far more than digital literacy, it means being fluent and flexible in the digital sphere and having a fine-tuned set of technical and soft skills. As leadership roles continue to evolve rapidly, with digital technologies playing a crucial role, it’s important for managers and leaders to unders...
AHLA Statement in Support of the HIRE Act
AHLA | July 27, 2023
Event welcomed more than 3,500 attendees, featured 300 vendors WASHINGTON (July 27, 2023) – The American Hotel & Lodging Association (AHLA) President & CEO Chip Rogers is speaking out today in support of the H-2 Improvements to Relieve Employers (HIRE) Act, which was introduced in the U.S. House of Representatives by Rep. Tony Gonzales (R-Texas). “As of May, America had 9.8 million job openings, but only 6.1 million unemployed people to fill them. This workforce gap negatively impacts critical sectors of the American economy, especially hospitality. Thankfully, Congress is taking initiative to address workforce shortages th...
How Gen Z Work Ethic and Attitudes Are Impacting the Workplace
EHL Insights | May 2, 2023
Horizontal working modes typically imply, for example, that employees from department “A” be given regular opportunities to collaborate on cross-functional projects with employees from departments "B", “C", "D”, or “Z." You name them. When these cross-functional collaborations multiply throughout/across the organization, here is what you get in the short term: the sharing of new ideas, knowledge, and best practices. In the medium term, these cross-silo collaborations may even shape employees’ career development paths—that is, by helping them develop a wider panel of skills and expertise. When this happens, your organization s...
Top 5 Most In-Demand Soft Skills of 2023
EHL Insights | April 13, 2023
Today, more global organizations like Google, Apple, IBM and Facebook are no longer emphasizing the need for specific titles or experience and instead are shifting towards a focus on skills when considering candidates for a job. According to research by LinkedIn, the skills companies need most are determined by looking at skills that are most sought after based on six months of data (April to October 2022) from employers, hirers, and job-posters on LinkedIn. Demand is measured by identifying skills possessed by members who were hired or InMailed, as well as the skills listed in paid job postings. The results showed that employers are look...
Staggering Number of Job Openings Threaten Travel Industry Growth
U.S. Travel Association | March 10, 2023
U.S. Travel Association President and CEO Geoff Freeman issued the following statement on the U.S. Bureau of Labor Statistics February employment report, in which leisure and hospitality jobs grew by 105,000 and the total economy added 311,000 jobs: “Despite strong job growth, a staggering 1.7 million leisure and hospitality jobs are open—a concerning figure as we head into the peak summer travel season. Travel is essential to our nation’s economy, but its success is reliant on access to workers to serve the traveling public. “One way the federal government should address our workforce shortage is to increase the allotment of H-...
8 New Trends Revealed in HSMAI Foundation’s Annual State of Talent Report
The HSMAI Foundation | March 9, 2023
McLean, VA (Mar. 9, 2023) The Hospitality Sales & Marketing Association International (HSMAI) Foundation is thrilled to announce its second Annual State of Talent report. Released with the support of the Foundation’s corporate talent partners, the report highlights eight trends that are impacting the talent within sales, marketing, and revenue optimization departments. The result of hundreds of hours of research, dozens of Executive Roundtables, eight Academic Forums, three major U.S. conferences, three global conferences, and more, HSMAI Foundation provides insight into attracting new talent, developing emerging talent, and engag...
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