TL;DR
A video discusses tips to reduce employee turnover for restaurant owners, as staff turnover has reached 70% in the restaurant industry. High turnover can be financially damaging to a business and even lead to failure.
It's super important that we change the way we approach this and rethink these 3 common assumptions in order to reduce the impact on our businesses.
Most restaurant owners don't realize just how damaging a high turnover of staff can be financially to a business.
The truth is, it can be the reason that some businesses eventually fail.
Did you know staff turnover has reached 70% in the restaurant industry? Wow! That’s not a high turnover of staff – that’s a HUGE turnover of staff!
We really need to reassess how we hire people, and how we treat them once they're hired.
Carrie is a frequent keynote speaker on HR and leadership topics and regularly conducts employee training and leadership development workshops as well. She is the author of the recently published book, Restaurant Operator's HR Playbook: Your Hands-On Playbook for Finding, Hiring, and Developing Leaders and Implementing Organized People Systems and has been featured in Entrepreneur*,* Restaurant News*,* Pizza Today and Independent Restaurateur.
In this story
This story was originally published in 1851 Franchise on March 26, 2019. Burnaze summarizes and links to the original reporting.
Read the full story at 1851 FranchiseLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.
