Posted on 10/12/2021 10:12:50 AM PDT by george76
More than half the wage earners currently working in the hospitality business are planning to quit by Jan. 1, according to new research..
Restaurants struggling to hold onto their employees are about to hit by a major setback, according to new research.
A survey of 13,659 wage earners by the online job marketplace Joblist revealed that 58% of restaurant and hotel employees intend to quit their jobs by the end of the year, stoking what the researchers have dubbed The Great Resignation.
If the pattern set by earlier quitters persists, a fourth of the workers will leave the hospitality industry for good.
The employees who intend to bail are in addition to the 16% of industry respondents who indicated they’re already no longer working.
The overall driver is the individuals’ dwindling satisfaction with their positions, the study found. The proportion of workers turned off by their hospitality jobs has doubled during the pandemic to a third of the labor force, compared with the 15% who said they were dissatisfied before the coronavirus crisis.
The percentage who said they’re satisfied with their positions dropped to 42%, from a pre-pandemic benchmark of 64%.
“Such extreme levels of employee dissatisfaction will likely lead to a wave of resignations in the near future,” the Joblist study states. “This is a strong signal that the labor shortage affecting the hospitality industry might get worse before it gets better, as increased turnover exacerbates an already difficult hiring environment for employers.”
Among the 25% of former hospitality workers who said they’re done with restaurants, bars and hotels, the leading source of their dissatisfaction was low pay (cited by 56%). The other most frequent triggers for departures were a desire for a new career (50%), a lack of benefits (39%), difficult customers (38%), long hours and rigid schedules (34%) and potential exposure to coronavirus (23%).
The exodus is also being fueled by a desire for more education. Eleven percent of the respondents said they’ve already gone back to school or enrolled in a training program as a prelude to a new career, and more than a quarter said they’re thinking of pursuing that route.
Some good news..
The findings suggested that employers are far from helpless. Across all fields of employment, about a third of job hunters said they would reconsider quitting their current positions if the employer addressed just some sources of their dissatisfaction.
In addition, Joblist said that all employers should benefit from the reopening of schools for in-classroom learning. About 40% of the respondents said their work lives were impacted by the need to participate in their children’s remote learning.
I can’t imagine how bad it has been for downtown Houston restaurants. The building I worked in went down to 5% occupancy last year. Just half the people being gone on Fridays made for a bad day in downtown restaurants. A lot of these were family businesses mostly open only for lunch. Anything else was just not worth the time.
I got a frantic call from a school bus driver - the town’s remaining unvaxed will NO WAY get a jab, crippling the school in this town that must bus most kids due to geography. The date is in about 3-4 weeks.
Then, of course, there is SW Airline pilots and employees, JAX ATC. Both of those will naturally lead more airlines (especially those with gov contracts) and Air traffic.
Then, there is the military - threatened with dishonorable discharge. Most unjabbed will have choice - follow their oath to the Constitution, or take a “dishonerable” discharge from an unconstitutional government. They will choose patriotically - they know.
NCSWIC. Nothing! WWG1WGA.
I think you’re right. Less income but also lower expenses. I suspect more families are doing less expensive travelling due to closures and restrictions, more “stay-cations”, and not buying new cars (because there aren’t any to buy), eating out less, etc.
Might be tough for those who over-extended themselves with big mortgages but I suspect most lenders are happy to re-fin rather than end up owning houses nobody can afford.
I see restaurants shut down or only serving drive thru or open 4-5 days a week. They all say it’s because they can’t hire anyone. We were at a popular tourist area and every fast food restaurant in the area was permanently closed, except for one McDonalds.
Probably true in NYC and SF...everywhere else demand is through the roof though
I think they forgot to mention the elephant in the room (mask/vax mandates).
Many, perhaps most, will leave for the same job down the street at $1-2/hr more with a sign on or 3 to 6 month bonus. That’s what we are seeing right now.
Bingo
Bingo
NO UNEMPLOYMENT when you QUIT.
All part of their plan. Plans all motivated by bad intentions.
They want a new career? What the hell are these qualified for after being in the “Hospitality” Industry? I guess they could get into grass cutting or perhaps window cleaning.
Move back home with the parents, double up on apartments, move to areas with lower cost of living etc.
Part of the American way of life if you didn’t have rich parents.
Before WWI, my Dad shared a room and board setup with his older brother. His brother got married and they rented a room to my dad.
My Dad was injured in a WWI training accident, and his brother died from the Spanish Flu after visiting my Dad in an Army hospital.
My Dad ended up sharing a room with his Dad after the Dad apparently lost a wife due to the flu.
In college, we changed room mates sometimes like the bed linen.
Even after college, we unmarried ones had often had room mates to share the costs and sometimes our lives.
We have seen the same pattern with our adult kids, nieces and nephews.
One GK, tired of bad room mates worked out a deal with his landlord. He would find the new tenants. His current room mates are guys in the same major and similar hobbies, and they going on 2 years now.
His older sister was tired of room mates in college, and she now has her own apartment with no roomies. She jokes about being rent poor and happy about it.
Many of the unmarried people are in relationships with people, who are their room mates. If that doesn’t work out, finding a new place to live is cheaper than a divorce.
Plus they are trying to justify why we need all the illegals streaming in of since January.
Thank you for that correction.
Yes indeed, DO NOT QUIT. Let ‘em Fire!
I’ve heard personal stories from two different managers recently. The first had 12 interviews with job applicants scheduled. Only one showed up. The second had six applicants. None showed up.
Both said that such applicants are just collecting the paperwork to keep getting benefits that require them to be looking for employment.
Until those benefits end, or are reduced significantly, the situation is unlikely to change.
About 95% of them have already found a better job at higher pay, and are just giving their two weeks’ notice. The job market is hot, and employers are offering signing bonuses for new employees.
There are a zillion “help wanted” signs on non-hospitality retailers.
There also lots of gig jobs of various kinds....
When you want “out” and you were only making low wages there are a lot of alternatives.
It would be nice to overlay this graph with the graph for number of job openings during the same time.
I think you might have meant to reply to someone else? Not that I disagree, but I was commenting on food service and retail workers leaving.
Freegards...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.