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.
Here at the retirement village, we hired a few young guys for outdoor work - yes, including cutting the grass. We offer $15 an hour, 2 weeks vacation after one year, regular hours, a 401K plan, and a Christmas bonus. You don’t have to deal with the public, and we don’t micromanage like Amazon.
We raided grocery stores instead of restaurants, but the principle is pretty much the same. We got some nice young guys who are somewhat lacking in academic skills, but they can drive trucks and cut grass OK.
Add in COVID bennies and former two income homes have not suffered a standard of living change in becoming a one income home.
They are entry-level jobs and people are moving beyond that.
This is a great thing.
I witness that and retirements of people who could have retired years ago but had stayed working up until the COVID nonsense started.
So people with IQ’s less than 100 should kill themselves when they reach 30?
Fixed it.
Simple if you want employees then PAY MORE FOR THEM.
That statement makes no senses. It should be "employers cannot afford to NOT pay the higher wages".
Or unwilling to pay the prevailing wages to get employees. F them all.
We went through this with the inflation in the 1970s.
Employers got stuck between a rock and a hard place, and many had to go out of business regardless of which choice they made.
Classic heads you lose, tails you lose—pick one.
Good. Less spit in the food.
It’s like Obama’s chief of staff said never let a crisis go to waste.
BS. If materials go up in price they pay. But if labor goes up 10% the have to close? BS. They have tons of cash from years of underpaying and overcharging and are riding out the “crises”.
Sounding off like a true over the hill virtue signaling has been woke hippy.
“We take so much for granted...being able to travel and eat out will be distant memories and luxuries that only happen on rare occasions”
We could travel to Panem and watch the elite at play.
. . . and the modern Jimmy Carter no longer has to worry about being voted out of office because those who cast the votes decide nothing and those who count them decide everything.
Just in time for the massive ill eagle caravans.
Have we reached ‘PEAK VACCINATION’ yet?
We had a young women show up for her first day of work.
The next two days she called in to say she had a “family emergency”.
She came in day four.
Day five was another “family emergency”
They told do not bother coming back.
One of the other employees said it was just a way to go back on unemployment benefits.
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