Return to our Home page Search
Click here for the hotel and hospitality news from around the globe Hotel, Travel and Hospitality Articles Videos and in-depth Interviews
CONCIERGE DESK
Read more now
Read more now
Read more now
Minimum wage, tipped workers, employer provided benefits and the industry - Where do you stand?
Monday, 9th December 2013
Source : Margie Tosch
 

Whether you are for or against raising the minimum wage, you no doubt are aware of the movement, especially it's focus on Walmart and the fast food industry, although of course it is an industry wide issue. 

If you are an employer in the industry, as I am, you may have fixed feeling about the subject.  Having said that, it is a growing movement, and one that isn't likely to go away soon.

In September, California Governor Jerry Brown signed into law the nation's first $10/hour minimum wage measure.  Many other states will be right behind.

Tipped Workers

Who are tipped workers?

4Hoteliers Image Library

Benefits

I would love nothing more than to have all employees have great benefits!  However, personally, I haven't found a way to offer paid insurance (as yet!).

My management team all has Aflac, paid sick leave and paid vacation. I also started a savings matching program for management after I heard a statistic that said 60% of people in this country don't have $1,000 in savings. I told them if they saved $750, I would add $250 to it and then they could open a savings account with it. 

Started only 6 months ago, each now has multiple times that amount in their savings account. It's a start, however I'd love to find other affordable benefits for them (I'm all for creativity!).

The industry is going through a revolution, and it seems better to be a part of it than to fight it. It will take time, adjustment and creativity. But hopefully we can all benefit in the end - owners, managers and staff.

Are you doing anything creative regarding pay or benefits? I'd love to hear about it if you are!  For more ideas, read "taking the high road" a how to guide for successful restaurant employers.

-Margie
www.OTLConsulting.com

~ Important Notice ~
Articles appearing here contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.

Learn more about DigiJames - in room technology
Advertisment  
 Related News  (Click title to read article)
Skills shortages worsening.
More women becoming breadwinners across the globe.
Employee retention affects stock prices.
Mentoring models that work.
 Latest News  (Click title to read article)
Facebook and Twitter - Nothing there says Priceline
Friday, 18th April 2014

JW launches experience-driven CUR8 App for travelers
Friday, 18th April 2014

Global training spending finally growing again - Part 1
Friday, 18th April 2014

The TravelClick Perspective - March 2014: 2014 Outlook
Thursday, 17th April 2014

Shangri-La opens in the Heart of the Himalayas today
Thursday, 17th April 2014

© Copyright 4Hoteliers 2001-2014 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here

Use of this web site is subject to our
terms & conditions of service and privacy policy