Rising labor costs, utilities, and maintenance expenses are a few of the largest operating costs in a hotel that greatly impact your bottom line. If you’re not taking a proactive approach to controlling these expenses, your hotel will not generate...
scheduling
02 January 2016
General,
hotel business,
hotel profitability,
hotels,
Housekeeping,
Labor Costs,
operating costs,
reducing expenses,
scheduling
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Payroll
A payroll processing provider is one of the most important vendors you will ever choose - and they are not a one-size-fits-all type of business. We’ve worked with dozens of different payroll providers, so we understand the basic knowledge needed in...
time clocks
As technology continues to push forward, you (along with many other hoteliers) may find yourself wondering if you should upgrade your timekeeping devices to biometric time clocks. But is this the right investment for your particular hotel?
Labor Costs
How do you know you need to monitor your hotel labor costs? If one or more of the following apply to you, it's time to consider implementing a (better) labor management system:
Overtime
07 August 2015
controlling overtime,
hotel business,
hotel profitability,
Labor Costs,
Overtime
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Overtime can be a costly, unnecessary expense if managed incorrectly. We’ve created the following infographic, “7 Actionable Tips for Avoiding Overtime,” to help give you pointers on effectively managing this labor expense! For more detailed...
wage rates
Over the past few months, the campaign to drive up entry level wages has gained a huge amount of momentum – a momentum which will begin trickling down to the hotel industry over the next few months. Hoteliers need to prepare themselves for higher...
Overtime
As you may have heard, the U.S. Department of Labor’s Wage & Hours Division has announced plans to more than double the minimum salary level required for employees to be considered exempt. This is a huge deal in relation to overtime, as nonexempt...
Payroll
A payroll processing provider is one of the most important vendors you will ever choose. You will have to trust them with your money, with the goodwill of your employees, and keeping your business legally compliant.
scheduling
Most hotels should consider making a one-time change that will likely pay future dividends in reduced overtime expenses for years to come.
wage rates
As economy improves and unemployment decreases, many hoteliers are wondering how fast they'll need to increase their pay rates. Wage Watch has released their annual survey of planned pay rate increases for 2015. This is based on a survey of hotel...
