{"id":3964,"date":"2021-03-17T10:23:58","date_gmt":"2021-03-17T14:23:58","guid":{"rendered":"https:\/\/lgcassocprod.wpengine.com\/?p=3964"},"modified":"2024-03-12T14:29:56","modified_gmt":"2024-03-12T18:29:56","slug":"retaining-managerial-staff","status":"publish","type":"post","link":"https:\/\/lgcassociates.com\/es\/retaining-managerial-staff\/","title":{"rendered":"Retaining\u00a0Managerial Staff | Hospitality in the News"},"content":{"rendered":"<p><span data-contrast=\"none\">Every week we comb through the news to find trends affecting the hospitality industry so you don\u2019t have to. This week\u2019s topic: retaining managerial staff. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><!--more--><\/p>\n<h5><strong>Retaining Managerial Staff<\/strong><\/h5>\n<p><span data-contrast=\"none\">Employee retainment is one of the most important parts of managing a team. With good ret<\/span><span data-contrast=\"none\">ention rates, employers can lower hiring costs<\/span><span data-contrast=\"none\">,\u00a0<\/span><span data-contrast=\"none\">maint<\/span><span data-contrast=\"none\">ain positive employee engagement,\u00a0<\/span><span data-contrast=\"none\">and foster a good brand image. Without a focus on retention, managers are at risk of l<\/span><span data-contrast=\"none\">osing great talent.\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=\"none\">Most discussions surrounding retention are\u00a0<\/span><span data-contrast=\"none\">about hourly<\/span><span data-contrast=\"none\">\u00a0or entry-level<\/span><span data-contrast=\"none\"> staff, but it\u2019s just as important when <\/span><span data-contrast=\"none\">retaining managerial staff and other leadership positions. <\/span><span data-contrast=\"none\">There are two key reasons why high retention rates are so valuable for leadership teams:\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">The average exit costs for an employee\u00a0<\/span><span data-contrast=\"none\">is<\/span><span data-contrast=\"none\">\u00a033% of their annual salary. (Via\u00a0<\/span><a href=\"https:\/\/www.benefitnews.com\/news\/avoidable-turnover-costing-employers-big?brief=00000152-14a7-d1cc-a5fa-7cffccf00000&amp;utm_content=socialflow&amp;utm_campaign=ebnmagazine&amp;utm_source=twitter&amp;utm_medium=social\"><span data-contrast=\"none\">EmployeeBenefitNews<\/span><\/a><span data-contrast=\"none\">)<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Employees are 4x more likely to\u00a0<\/span><span data-contrast=\"none\">quit<\/span><span data-contrast=\"none\">\u00a0due to a lack of appropriate management skills. (Via\u00a0<\/span><a href=\"https:\/\/www.tinypulse.com\/blog\/17-surprising-statistics-about-employee-retention\"><span data-contrast=\"none\">TinyPulse<\/span><\/a><span data-contrast=\"none\">)<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">Poor manager retention can lead to high exit costs because they make more money than the average employee,\u00a0<\/span><span data-contrast=\"none\">not to mention the domino effect it can have on employee satisfaction,\u00a0<\/span><span data-contrast=\"none\">raising<\/span><span data-contrast=\"none\">\u00a0turnover rates in return.\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=\"none\">Experts are also wondering if (the famously low) restaurant retention rates will be affected by the pandemic, or if it will\u00a0be\u00a0<\/span><a href=\"https:\/\/lgcassociates.com\/es\/covid-19-affect-restaurant-recruiting\/\"><span data-contrast=\"none\">more difficult to recruit<\/span><\/a><span data-contrast=\"none\">\u00a0because of the mass layoffs and business closures<\/span><span data-contrast=\"none\">\u00a0\u2013 both impacting the ability to hire.\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=\"none\">LGC has almost two decades in the hiring and staffing landscape, so we understand the importance of building and maintaining a great leadership team that you can<\/span><span data-contrast=\"none\">\u00a0trust.\u00a0<\/span><span data-contrast=\"none\">One of the best ways to do so is by partnering with a recruiter that understands your needs and can help you accomplish your goals.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h5><b><span data-contrast=\"none\">Why does working with a recruiter help with retention?\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h5>\n<p><span data-contrast=\"none\">There are several reasons why working with a recruiter can meet your hiring needs<\/span><span data-contrast=\"none\">\u00a0and help with<\/span><span data-contrast=\"none\"> retaining managerial staff. To start, recruiters are employees<\/span><span data-contrast=\"none\">\u00a0whose main responsibility is to find candidates and fill open positions. That means they have the time and money needed to<\/span><span data-contrast=\"none\">\u00a0put in the effort\u00a0<\/span><span data-contrast=\"none\">it takes\u00a0<\/span><span data-contrast=\"none\">to<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">be successful<\/span><span data-contrast=\"none\">. For most smaller businesses who handle\u00a0<\/span><span data-contrast=\"none\">hiring in-house, managers are typically taken away from their main responsibilities to help with recruiting and interviewing and are often unable\u00a0<\/span><span data-contrast=\"none\">dedicate enough resources to growing their teams.\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=\"none\">Another reason its\u2019 beneficial to work with a recruiter is because they know how to screen someone to\u00a0<\/span><span data-contrast=\"none\">en<\/span><span data-contrast=\"none\">sure they\u2019re in the job for the long haul and won\u2019t quit within the first\u00a0<\/span><span data-contrast=\"none\">90 day<\/span><span data-contrast=\"none\">s<\/span><span data-contrast=\"none\">.<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">(<\/span><a href=\"https:\/\/workbravely.com\/blog\/pro-tips\/employees-quit-90-days\/\"><span data-contrast=\"none\">20%<\/span><\/a><span data-contrast=\"none\">\u00a0of all employee turnover happens during those crucial three months<\/span><span data-contrast=\"none\">.<\/span><span data-contrast=\"none\">)<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">Not only that, but they\u2019ll make sure the candidate is the right culture fit and has the necessary soft skills to work well with your team.\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=\"none\">One of the main functions of a recruiter is to build a network of\u00a0<\/span><span data-contrast=\"none\">candidates that way\u00a0<\/span><span data-contrast=\"none\">clients have access to a diverse talent pool. By using less traditional channels like social media\u00a0<\/span><span data-contrast=\"none\">or referrals\u00a0<\/span><span data-contrast=\"none\">to identify both passive and active job seekers,\u00a0<\/span><span data-contrast=\"none\">clients can tap into a pool\u00a0<\/span><span data-contrast=\"none\">of workers they may not normally interact with<\/span><span data-contrast=\"none\">. This aids positive retention rates by\u00a0<\/span><span data-contrast=\"none\">providing more candidates to choose from; rather than hiring the first person you meet because there aren\u2019t a ton of options\u00a0<\/span><span data-contrast=\"none\">available, recruiters can take their time to find the perfect fit for your business.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Perhaps the most compelling\u00a0<\/span><span data-contrast=\"none\">case for partnering with a recruiter<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">is\u00a0<\/span><span data-contrast=\"none\">that most\u00a0<\/span><span data-contrast=\"none\">firms \u2013 at least in the case of LGC \u2013\u00a0<\/span><span data-contrast=\"none\">provide at least a 30-day guarantee<\/span><span data-contrast=\"none\">\u00a0that you&#8217;ll be happy with your new hire and if not, will help you find a replacement. Plus, you only pay if you decide to bring them onboard, so\u00a0<\/span><span data-contrast=\"none\">you can interview as many candidates as you need. This will help you find the right hire and increase your chances of retaining managerial staff.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Sean Hoover, Assistant General Manager of LGC\u2019s permanent placement division, had this to say about the benefits of working with us to accomplish your hiring needs: <strong>&#8220;<\/strong><\/span><strong>LGC has the upper hand in recruiting because we already have an extensive network of candidates nationwide, making our partnership an immediate success. Rather than relying on a job board, we can easily cast a net candidates who are searching for their next opportunity.&#8221;<\/strong><\/p>\n<p><span data-contrast=\"none\">If you want to elevate your hiring efforts and increase retention, consider partnering with a\u00a0<\/span><span data-contrast=\"none\">recruiting and staffing firm like LGC.\u00a0<\/span><a href=\"https:\/\/lgcassociates.com\/es\/contact-us\/\"><span data-contrast=\"none\">Reach out to our team today to learn more<\/span><\/a><span data-contrast=\"none\">.\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=\"none\">***<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><i><span data-contrast=\"none\">LGC has a team of executive recruiters with expertise in conducting management level searches for GMs, AGMs, chefs, supervisors, entry-level food service staff and other hospitality workers.\u00a0<\/span><\/i><i><span data-contrast=\"none\">Let us help simplify the hiring process.\u00a0<\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Every week we comb through the news to find trends  [&#8230;]<\/p>\n","protected":false},"author":67,"featured_media":312791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[106],"tags":[406,500,501],"class_list":["post-3964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hospitality-in-the-news","tag-manager-retention","tag-retention"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Retaining\u00a0Managerial Staff | Hospitality in the News - LGC<\/title>\n<meta name=\"description\" content=\"Every week we comb through the news to find trends affecting the hospitality\u00a0industry\u00a0so you don\u2019t have to. 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