{"id":3157,"date":"2019-06-18T12:34:09","date_gmt":"2019-06-18T16:34:09","guid":{"rendered":"https:\/\/lgcassocprod.wpengine.com\/?p=3157"},"modified":"2024-03-12T15:04:02","modified_gmt":"2024-03-12T19:04:02","slug":"hiring-expenses","status":"publish","type":"post","link":"https:\/\/lgcassociates.com\/es\/hiring-expenses\/","title":{"rendered":"Hiring Expenses | Hospitality in the News"},"content":{"rendered":"<p><span class=\"TextRun SCXW31222358 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW31222358 BCX0\">Every week we comb through the news to find employment trends affecting the hospitality <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW31222358 BCX0\">industry<\/span><span class=\"NormalTextRun SCXW31222358 BCX0\"> so you <\/span><span class=\"NormalTextRun SCXW31222358 BCX0\">don\u2019t<\/span><span class=\"NormalTextRun SCXW31222358 BCX0\"> have to. This week\u2019s Hospitality in the News topic: hiring expenses.<\/span><\/span><!--more--><\/p>\n<h5><strong>Hiring Expenses: The Cost of Doing Businesses (again and again and&#8230;..)<\/strong><\/h5>\n<p><span data-contrast=\"auto\">In the first installment of\u00a0<\/span><i><span data-contrast=\"auto\">Hospitality in the News<\/span><\/i><span data-contrast=\"auto\">, we\u2019re looking at hiring expenses for hourly employees and a possible solution for cutting down on spend. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">According to an article in\u00a0<\/span><i><span data-contrast=\"auto\">Upserve<\/span><\/i><span data-contrast=\"auto\">\u00a0by Theresa Navarra, \u201c&#8230;on average,\u00a0<\/span><b><span data-contrast=\"auto\">the cost of hiring an hourly employee\u00a0<\/span><\/b><span data-contrast=\"auto\">(such as a restaurant employee)\u00a0<\/span><b><span data-contrast=\"auto\">can be as much as $3,500<\/span><\/b><span data-contrast=\"auto\">. For your [restaurant] industry, that\u2019s\u00a0<\/span><b><span data-contrast=\"auto\">an investment that walks out the door nearly 50%<\/span><\/b><span data-contrast=\"auto\">\u00a0of the time.\u201d When calculating hiring cost, it\u2019s important to\u00a0<\/span><span data-contrast=\"auto\">consider<\/span><span data-contrast=\"auto\">\u00a0not only the physical costs, but your time and your staffs time. The average cost and retention rates mean to make one hire, you might be spending over $7,000. Not only that, but the time spent on recruiting, interviewing, and training ads up.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Because finding and retaining labor has traditionally been a challenge in the hospitality industry, many businesses are suffering and looking for a better process. At LGC, we offer a solution called\u00a0<\/span><a href=\"https:\/\/lgcassociates.com\/crew-perm-simplifies-hiring-process\"><span data-contrast=\"none\">Crew Perm<\/span><\/a><span data-contrast=\"auto\">\u00a0created for the restaurant industry to fill hourly positions in the front and back of house. Not only can you save time because we handle all the recruiting and initial communication, but you\u2019ll save money; Our Crew Perm fee caps significantly below $3,500<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">\u2013 and you\u2019ll only pay when you\u2019ve hired one of our candidates.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Let\u2019s break this down. Using the traditional model, meeting two candidates will cost on average $7,000 for advertising, recruiting, and interviewing.\u00a0<\/span><span data-contrast=\"auto\">Plus<\/span><span data-contrast=\"auto\">\u00a0the countless hours\u00a0<\/span><span data-contrast=\"auto\">used\u00a0<\/span><span data-contrast=\"auto\">for administrative tasks. Using LGC\u2019s Crew Perm,\u00a0<\/span><span data-contrast=\"auto\">you\u2019ll meet as many candidates as necessary,\u00a0<\/span><span data-contrast=\"auto\">spend nothing u<\/span><span data-contrast=\"auto\">ntil you decide to<\/span><span data-contrast=\"auto\">\u00a0hire someone<\/span><span data-contrast=\"auto\">,<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">and\u00a0<\/span><span data-contrast=\"auto\">the administrative activities such as comparing candidates\u00a0<\/span><span data-contrast=\"auto\">is\u00a0<\/span><span data-contrast=\"auto\">left to our dedicated perm team. That\u2019s\u00a0<\/span><span data-contrast=\"auto\">several thousands of dollars and time saved<\/span><span data-contrast=\"auto\">.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">If you\u2019re looking to grow your team, high hiring expenses can slow you down. Save yourself money and energy by <\/span><a href=\"mailto:perm@lgcassociates.com\"><span data-contrast=\"none\">contacting the LGC Crew Perm team today<\/span><\/a><span data-contrast=\"auto\">. Be sure to check back with us next week for the second installment of\u00a0<\/span><i><span data-contrast=\"auto\">Hospitality in the News.\u00a0<\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">&#8212;<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Read the full article from\u00a0<\/span><i><span data-contrast=\"auto\">Upserve<\/span><\/i><span data-contrast=\"auto\">\u00a0<\/span><a href=\"https:\/\/upserve.com\/restaurant-insider\/staffing-trends-restaurant-industry\/\"><span data-contrast=\"none\">here.<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every week we comb through the news to find employment  [&#8230;]<\/p>\n","protected":false},"author":67,"featured_media":312684,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[106],"tags":[406],"class_list":["post-3157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hospitality-in-the-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hiring Expenses | Hospitality in the News<\/title>\n<meta name=\"description\" content=\"All the industry news you need to know. 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