Restaurant Hiring up. Turnover increases, Recruitment remains an issue.
The following is an article from today's Nation's Restaurant News (NRN).
Recently published research by People's Report points to the excellent health of the growing restaurant industry. Hiring is up. But finding and then keeping hourly employees continues to be a challenge. TV Trainer cheerfully accepts the opportunity to reverse this industry trend! TV Trainer is in business to help you "faster-train" and "longer-retain" your prized Latino employees! Give our New Hire Kit a try.
Here's the complete NRN article:
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HR & Service
People Report data show job growth, but increased turnover in restaurants
By Dina BertaDALLAS (Aug. 7)
Job growth is on the rise in the restaurant industry, but filling those jobs is not easy, according to the most recent People Report Workforce Index, a quarterly gauge of restaurant-related employment data.
According to the index, which reflects employment trends at 90 restaurant companies, 62 percent of respondents said they expected to increase staffing levels during the third quarter of 2006. At the same time, the survey found that more companies were reporting a growing number of job vacancies, more difficulty recruiting new hires and increased turnover for both managers and hourly workers.
The upward trend in turnover rates, which also rose during the second quarter, according to the index, is particularly worrisome given that the nation's unemployment rate dropped in the second quarter to 4.6 percent, its lowest level since June 2001, said officials of People Report, a Dallas-based research and consulting firm that tracks human resources data for member restaurant companies.
According to the index, 40 percent of respondents reported having more trouble in the second quarter recruiting hourly employees compared with the first quarter of 2006, while 54 percent of companies said they were finding it harder to recruit managers.
The index tracks metrics in five areas: employment levels, recruiting difficulty, job vacancies, employment expectations and turnover. "We created this index to establish a foundation to assess and project where the industry is with regards to human capital," said Joni Doolin, founder and chief executive of People Report.
Index numbers for each of the areas researched range in value from zero to 100, with values greater than 50 indicating increases and values less than 50 signifying decreases. The strength or weakness of a value is measured by its distance from 50.
In the most recent index, employment levels had an estimated value of 75.4; recruiting difficulty, 70.8; vacancies, 66.5; employment expectations, 79.5; and turnover, 60.1.
The overall index value, the weighted average of each of the five components, was 73.4, indicating strong job growth in restaurant industry employment.
E-mail the author at: dberta@nrn.com
Recently published research by People's Report points to the excellent health of the growing restaurant industry. Hiring is up. But finding and then keeping hourly employees continues to be a challenge. TV Trainer cheerfully accepts the opportunity to reverse this industry trend! TV Trainer is in business to help you "faster-train" and "longer-retain" your prized Latino employees! Give our New Hire Kit a try.
Here's the complete NRN article:
_______________________________________________________________________
HR & Service
People Report data show job growth, but increased turnover in restaurants
By Dina BertaDALLAS (Aug. 7)
Job growth is on the rise in the restaurant industry, but filling those jobs is not easy, according to the most recent People Report Workforce Index, a quarterly gauge of restaurant-related employment data.
According to the index, which reflects employment trends at 90 restaurant companies, 62 percent of respondents said they expected to increase staffing levels during the third quarter of 2006. At the same time, the survey found that more companies were reporting a growing number of job vacancies, more difficulty recruiting new hires and increased turnover for both managers and hourly workers.
The upward trend in turnover rates, which also rose during the second quarter, according to the index, is particularly worrisome given that the nation's unemployment rate dropped in the second quarter to 4.6 percent, its lowest level since June 2001, said officials of People Report, a Dallas-based research and consulting firm that tracks human resources data for member restaurant companies.
According to the index, 40 percent of respondents reported having more trouble in the second quarter recruiting hourly employees compared with the first quarter of 2006, while 54 percent of companies said they were finding it harder to recruit managers.
The index tracks metrics in five areas: employment levels, recruiting difficulty, job vacancies, employment expectations and turnover. "We created this index to establish a foundation to assess and project where the industry is with regards to human capital," said Joni Doolin, founder and chief executive of People Report.
Index numbers for each of the areas researched range in value from zero to 100, with values greater than 50 indicating increases and values less than 50 signifying decreases. The strength or weakness of a value is measured by its distance from 50.
In the most recent index, employment levels had an estimated value of 75.4; recruiting difficulty, 70.8; vacancies, 66.5; employment expectations, 79.5; and turnover, 60.1.
The overall index value, the weighted average of each of the five components, was 73.4, indicating strong job growth in restaurant industry employment.
E-mail the author at: dberta@nrn.com
posted by Craig Evans at 12:53 PM
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