Hotel bosses are finally getting it: People don't want to work for them anymore

[Yo_Mama_Been_Loggin]

Hotels are struggling to hire as years of low pay, long hours, and poor benefits catch up with them.

Hotel chain CEOs are acknowledging that they need to rethink how they pay workers in order to plug huge gaps in the workforce, according to comments made Monday at a hospitality-industry conference hosted by New York University, reported by industry news site Skift.

The US is suffering from a huge labor shortage as workers quit their jobs over wages, benefits, and working conditions - which are all notoriously poor in the hotel industry.

The sector has about 300,000 fewer workers than pre-pandemic, preliminary Bureau of Labor Statistics (BLS) data from October shows.

https://www.msn.com/en-us/money/careers/hotel-bosses-are-finally-getting-it-people-don-t-want-to-work-for-them-anymore/ar-AAQuEP8

[XanaDUer2]

1. Free hand of the market nt

[WhiteTara]

2. There seems to be a memory gap in that

almost one million of those low wage workers died in the past 2 years and another million are still home sick in bed.

[pecosbob]

3. Wait, what? You mean there aren't ten people lined up to take your crappy jobs any longer?

You have to take a drug test, pass a background check and obtain three different work cards where I live to get a bloody job as a clerk in a convenience store for $9.00/hr.

[Baked Potato]

4. I thought CEOs knew that paying people more attracts more workers? Nt

[sdfernando]

5. Oh they do know that

but paying more takes away from them....can't have that!

[Baked Potato]

9. Lol, yeah, the agonizing trade off!

[fescuerescue]

10. Oh course they do

But that doesn't mean they want to do it.

But they will. They will have to.

[ProfessorGAC]

12. They Do!

In good companies!
Most companies aren't good companies.
All of those aren't terrible, just mediocre workplaces.
Some are just rotten companies.
The company from which I retired paid for compensation surveys.
Starting wages (for a given required set of credentials & experience) was set at 90% of the way from the median to the highest paying company in the region.
For instance, a chemical engineer, straight out of college was getting high 80s. The best paying company would be mid 90s, in the northeast Illinois corridor.
The annual turnover, company-wide, was 4%, including the roughly 2.2% retiring. So, only about one out of every 55 workers left each year, including those fired.
The revenue per employee was $2,000,000.
Good pay, good benefits, & growth avenues gets low turnover & high productivity.
Seems pretty simple, but appears lost on tens of thousands of executives.

[hunter]

6. If I worked in a hotel I'd want to know that management would always back me up...

... and pay me a comfortable living wage.

In that industry "The customer is always right!" doesn't reflect the reality of the work.

Rotten customers do stuff at hotels they wouldn't dream of doing in the customer service line at Buy More.

Alas, managers are reluctant to throw these customers out naked onto the street with all their luggage.

[Iggo]

7. If there really was a labor shortage, companies would be paying more to fill jobs

[irisblue]

8. E. Chao sez it is a "patriotic duty" to return to work. Make $ for oligarchy

Source--https://www.mediaite.com/tv/former-labor-secretary-elaine-chao-calls-on-americans-to-do-their-patriotic-duty-and-help-the-economy-by-rejoining-workforce/

Snip--"However, despite the improvements showcased in last month’s jobs report, Chao underscored that there still is a labor shortage — and attributed some of the recent supply chain issues to it.

“We as a country have to encourage people to come back to work,” she said. “Because what we are seeing in the supply chain crisis is basically the lack of workers. There are not enough people to produce goods and services, and that is putting inflationary pressures on our economy, adding to the woes of the supply chain. So we really need these workers to come back.”

Chao went on to contrast the labor participation rate under her tenure as Labor Secretary to its present rate, claiming “we basically have five million people now who have basically left the workforce.”

“And because of Covid, some people have retired early, some people have decided not to come back,” Chao said. “So this is a real issue. As the economy continues to recover, we’re going to need these workers to do their patriotic duty to come back, and help the economy to come back.

[Xolodno]

11. Wouldn't be surprised if some of it is related to the cost of living.

Resort areas, major cities, etc. tend to have sky high cost of living, such as massive rent and little affordable housing. I bet COVID forced some migration to cheaper areas. And once there, realized they didn't really need to go back.

I vacationed in a resort area over the summer, was curious about rent rates and when looked, I was floored that it was on par with So. Cal.