Reference no: EM133136126 , Length: word count:1400
Employee Turnover
Learning outcome 1: Describe methods for reducing turnover and increasing job satisfaction in a hospitality industry.
Overview
Employee turnover in the hospitality industry averages 400 percent annually. This means that, on average, 100 percent of the staff of a restaurant, hotel, airline, or cruise ship is replaced four times per year. There has been extensive research on employee turnover and employee job satisfaction. Using the Internet or the Strayer Library, select one hospitality industry type, such as fast-food restaurants, luxury hotels, specialty hotels, or any other type of hospitality interest, and identify the main problems associated with that industry and employee turnover. Suggest ways and methods to address the high turnover rate.
Instructions
Write a 5-6 page paper in which you:
Describe the type of hospitality industry and its main categories of employees.
Summarize three primary reasons that turnover is so high in this industry.
Recommend one method to address each of the three primary reasons that turnover is so high in this industry.
Recommend one method to improve job satisfaction in general for this industry.
Use at least two quality academic resources in this assignment. Note: Wikipedia and other websites do not qualify as academic resources.
What accounts should be debited and credited by the payee
: The maker of a $240,000, 6%, 90-day note receivable failed to pay the note. What accounts should be debited and credited by the payee
|
Interrelationship between innovation and entrepreneurship
: Evaluate the impact of innovation and technology on organizations and Explain the interrelationship between innovation and entrepreneurship
|
Determine the omega net cash flow from operations
: Omega limited has net income of $68 million, depreciation of $50 million, Determine the Omega net cash flow from operations
|
What does it mean by company financial situation
: What does it mean by "Company's Financial Situation"? How to analyze and interpret a Balance sheet, income statements and cash flow statement
|
Describe methods for reducing turnover
: Describe methods for reducing turnover and increasing job satisfaction in a hospitality industry - Describe the type of hospitality industry and its main
|
What price per visit must be set
: Annual direct fixed costs $20,000. What price per visit must be set if the clinic wants to make an annual profit of $15,000 on the service
|
Hiistory of sunbelt rentals company
: What is the history of Sunbelt Rentals company? Please provide a detailed description of the history of this company.
|
Explain the call-put parity relation and how it is justified
: The below question is of the course "Financial Derivatives and Risk Management". Explain the call-put parity relation and how it is justified
|
Purpose of learning in the workplace
: Discuss this statement in relation to private corporations, public services, and worker co-operatives.
|