--- layout: default_v3 language: default permalink: team-building/employee-retention.html i18n_link: 3618 updated: 2023-01-10 #--- article key-values ---# collection: default_topiccluster t_keyword: Employee Retention tags: team building, team building in restaurants, team building tools, employee morale, employee retention, restaurant employee retention type: supporting page_id: 3618 hreflang_id: 3618 parent_id: 3593 date_published: 2021-05-07 date_modified: 2023-01-10 #--- javascript schema ---# javascript_schema: - script: jquery_3_2_0_min - script: bootstrap_min - script: article_infinite_scroll - script: article_mix_infinitescroll - script: article_mix - script: article_mix_faq - script: article_mix_toc #--- section schema ---# section_schema: - section: nav-main_menu - section: article_body_v2 - section: footer - section: schedule_demo_cta #--- page key-values ---# meta_tags: t_meta_title: 5 Reasons Why Employee Retention is Important for Restaurants t_meta_description: Employee retention is an important component of a thriving restaurant business. By reducing turnover, restaurateurs will experience many benefits, such as lowered costs. t_meta_abstract: Employee retention is an important component of a thriving restaurant business. By reducing turnover, restaurateurs will experience many benefits, such as lowered costs. i_meta_image: article_body: json-ld_article: v_date_published: 2021-05-07 v_date_modified: 2023-01-10 author: p_author_id: 203 t_author: Priyanka Bhadani p_author_url: priyanka-bhadani.html i_author: 203.png t_author_description: A Features Writer For 12+ Years With Some Of The Most Reputed Indian Publications Including The Week And Indian Express, I Have Written On Food, Art, Culture, Theatre, Media And Films. Experimenting With Different Forms Of Content, Journalistic As Well As Creative For Print, Audio And Video Has Been A Huge Part Of My Career. p_author_facebook: //www.facebook.com/HubWorksApp/ p_author_twitter: https://twitter.com/hubworksapp p_author_linkedin: p_author_instagram: feature_snippet: p_type: text t_title: t_description: content: heading: t_title: 5 Reasons Why Employee Retention is Important for Restaurants t_description: Employee retention is an important component of a thriving restaurant business. By reducing turnover, restaurateurs will experience many benefits, such as lowered costs. image: i_image: 5-reasons-why-employee-retention-is-important-for-restaurants-1620074713-1152.png t_image_description: many companies full time employees feel professional development v_image_attribution: Unsplash v_image_license: Unsplash License v_video: paragraphs: - t_headline: Introduction to Employee Retention t_text: Turnover is a common obstacle that many businesses, especially restaurants, will have to endure. According to the National Restaurant Association, employee turnover for the restaurant industry amounted to 61% in 2016. This can be attributed to young people using restaurant jobs as an entry point for their careers. However, there are other factors that drive employees to leave.

For example, low morale, lack of benefits, miscommunication, and poor work life balance can result in low employee retention rates. To safeguard their reputation and growth, restaurateurs need to implement best practices to keep employees. These methods include having team building events, giving promotions, and using communication tools. With this, restaurants can maintain their talented staff, among many other benefits. p_headline_type: h2 image: i_image: t_description: v_attribution: v_license: video: v_video: jbT-KrrXkYQ v_video_language: default t_name: Employee Retention t_description: In one sense, retention is the opposite of turnover. However, the reasons key people choose to stay with an employer may not be the opposite of those that compel others to quit. Retaining top talent is a concern for many employers, and understanding retention is the key to keeping more of those top performer.Employee retention refers to the ability of an organization to retain its employees. In this course we will discuss some of the drivers of retention, or areas in which employers can take action to increase the probability of keeping employees. Retention is important because turnover can cause poor performance in otherwise productive units. The focus now turns toward the keys to managing retention as part of effective HR management.Management can take numerous actions to deal with retention issues. The choice of a particular action depends on the analysis of the turnover and retention problems in a particular organization and should be custom-tailored for that organization. v_url: //youtu.be/jbT-KrrXkYQ i_thumbnail: //i.ytimg.com/vi/jbT-KrrXkYQ/default.jpg i_thumbnail_1x1: //i.ytimg.com/vi/jbT-KrrXkYQ/default.jpg i_thumbnail_4x3: //i.ytimg.com/vi/jbT-KrrXkYQ/mqdefault.jpg i_thumbnail_16x9: //i.ytimg.com/vi/jbT-KrrXkYQ/sddefault.jpg v_upload_date: 7-31-2018 v_length_minutes: 5 v_length_seconds: 20 v_view_count: 9384 callout_text: - t_title: Important - t_text: According to the National Restaurant Association, employee turnover for the restaurant industry amounted to 61% in 2016." - t_headline: 5 Reasons Why Employee Retention Matters for Restaurants t_text: Employee retention is an organization's ability to retain its staff members. This is closely tied to employee turnover, which is the rate at which staffers leave a company within a given period. Among other businesses, restaurants experience high employee turnover. Industry statistics show that fast-food chains have turnover rates as high as 130% to 150%. Panera Bread estimates that they lose about 100% of its workers each year.

With turnover being prevalent in the industry, restaurant managers need to take steps to improve retention. By maintaining employees, they can focus on other key tasks, instead of recruitment and onboarding. Other reasons as to why employee retention is important to restaurants include the following. p_headline_type: h2 image: i_image: 5-reasons-why-employee-retention-matters-for-restaurants-1620074714-3458.png t_description: Unsplash v_attribution: Unsplash v_license: Unsplash License callout_text: - t_title: Important - t_text: Industry statistics show that fast-food chains have turnover rates as high as 130% to 150%. Panera Bread estimates that they lose about 100% of its workers each year." - t_headline: 1. Cut Down Employee Payroll Costs t_text: When employees consistently leave a company, owners must hire new people to take their positions. This means the business must spend more money recruiting, training, and onboarding new employees. According to research, restaurants lose about $150,000 annually on average because of employee turnover.

By implementing an employee retention strategy, restaurant owners can cut down on payroll costs. They can also save time and energy spent on training new hires. This is important because the business can then invest its resources towards product development or restaurant management. p_headline_type: h3 image: i_image: t_description: v_attribution: v_license: callout_text: - t_title: Important - t_text: According to research, restaurants lose about $150,000 annually on average because of employee turnover." - t_headline: 2. Bring Down Food Expenses t_text: New and inexperienced employees can increase food costs. For example, when training new line cooks, managers will need to do demos and have the hires test cook. Additionally, new staff members are likely to make mistakes during their first few months on the job. On the other hand, if the restaurant was able to maintain its staff, everyone will be experienced.

With skilled staff members, there will be fewer order inaccuracies, miscommunication, and waste. In turn, food-related costs will decrease. Restaurants' average food costs should be between 28% and 35%, according to statistics. Therefore, it is important to be diligent about employee retention to protect the restaurant's bottom line. p_headline_type: h3 image: i_image: 2bring-down-food-expenses-1620074714-3743.png t_description: Unsplash v_attribution: Unsplash v_license: Unsplash License callout_text: - t_title: Important - t_text: Restaurants' average food costs should be between 28% and 35%, according to statistics." - t_headline: 3. Enhance Restaurant Efficiency t_text: An effective employee retention strategy will boost restaurant efficiency. Since all staff members are experienced, the workflow will be streamlined and seamless. There will be fewer delays due to slow-moving workers and mistakes. Additionally, employees and managers will not have to pause food prep or customer service to train new hires. This efficiency creates a positive dining experience for guests and can increase customer satisfaction. p_headline_type: h3 image: i_image: t_description: v_attribution: v_license: callout_text: - t_headline: 4. Make Room for Innovation and Creativity t_text: Long-time employees know the ins and outs of a business and are able to generate innovative solutions to problems. They can also quickly adapt to new situations and difficulties, as well. On the other hand, if a restaurant has high turnover, any issues in the operation may be prolonged due to inexperience. Managers will then have to spend more time solving issues themselves, rather than cultivating the business.

Furthermore, long term workers have a better understanding of the eatery's consumer base. This means they can contribute informed insights on menu items and operating procedures. They can also come up with creative ideas and improvements to help the restaurant thrive. p_headline_type: h3 image: i_image: 4make-room-for-innovation-and-creativity-1620074714-8561.png t_description: Unsplash v_attribution: Unsplash v_license: Unsplash License callout_text: - t_headline: 5. Create an Enjoyable Work Culture t_text: Improving employee retention will help create a positive and enjoyable company culture. Working at a restaurant can be stressful and time-critical as it is. And if employees consistently come and go, these issues can be amplified. For example, current staffers may feel distressed and pressured if they always have to work with inexperienced team members. They may quit and the cycle of turnover will continue.

But with successful employee retention, staff members will have time to get to know one another. They will get the chance to learn how to communicate and work with each other. Additionally, they will have a better understanding of how to help and resolve issues together. This makes going to work at the restaurant less stressful and more positive. p_headline_type: h3 image: i_image: t_description: v_attribution: v_license: callout_text: - t_title: Important - t_text: Improving employee retention will help create a positive and enjoyable company culture." - t_headline: Key Takeaways to Employee Retention t_text: p_headline_type: h2 image: i_image: t_description: v_attribution: v_license: callout_text: event_body: json-ld_event: t_name: Employee Scheduling for Restaurant Managers t_description: Attendees will learn how create excellent schedules. The class teaches managers how to estimate the number of employees they need to staff their locations; how to accurately forecast their customer demand; how to quickly and accuaratly write and communicate schedules to employees; and how to evaluate the accuracy and optimization of their schedules to make adjustments. v_start_date: 2022-08-08 i_image: p_location_name: Altametrics Online Webinar Course p_address: webinar.hubworks.com?site=altametrics v_price: 10.00 t_offer_description: Priority Registration v_registration_url: webinar.hubworks.com?site=altametrics ---