Beverage industry leaders weigh in on data and insights from our 2023 Career & Salary Survey.
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2023 Beverage Industry Career & Salary Report is out! SevenFifty Daily and Provi unveils the most comprehensive report of beverage industry workers, showcasing evolving workplace needs for professionals. Download the report and read up on salary trends, career satisfaction, pandemic-induced job transitions, workplace policies, industry challenges, learning resources, and comparative assessments. #beverageindustry #career #salary
Our 2023 Career & Salary Survey Reveals a Transformed Beverage Workplace | SevenFifty Daily
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Key Takeaway: Bargaining power starting to shift back to employers due to slowing turnover and steady unemployment. Personal Takeaway: In the last decade, having the opportunity to work for (now two) great Restaurant Brands that have great Culture and a “Team/Crew first” menatility, it’s been a relief to be the “exception” and not the “rule” when it comes to these types of industry specific labor statistics. Be the Preferred Employer through great Culture, best in class Leadership, robust Company Incentives, and REAL growth opportunities to retain great people and attract new talent. This is how it’s done, folks!
The restaurant labor market in 6 key statistics
restaurantdive.com
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Get ahead in the Food & Beverage Industry with Kinsa Group's 2024 Salary Guide. 💸 Get access to valuable insights from 150+ job titles spanning the industry to understand compensation patterns and attract top-tier talent. Download your free copy ➡ https://ow.ly/gg1B50RmbJn #2024SalaryGuide #SalaryInsights #FoodandBeverage
2024 Salary Guide: Food & Beverage Industry - Download Now
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Have you contributed to this year's National Wine Industry Salary & Benefits Report yet? Your active participation is not just an investment in your business's success, but a commitment to contributing to the broader conversation on fair and competitive compensation practices. Participation is free and will give you access to discounted pricing should you purchase a copy of the Salary & Benefits Report. Participation is easy! Email annelise@winesa.asn.au to obtain a copy of the data collection sheet, complete and return to Annelise by 19 April 2024. All data received is confidential and will be tabulated by SAWIA staff. Data will only be published in an aggregated and de-identified manner. Why participate and order a Report? • Industry benchmarking: Help develop comprehensive, wine industry specific data. • Informed decision-making: Participation ensures the involvement of a diverse range of wine businesses, providing a more accurate picture of salary trends. • Competitive recruitment: Staying abreast of industry standards enhances your brand and makes your business more attractive to top-tier candidates. • Employee satisfaction: Align your pay structure with employee expectations to foster a positive work environment and reduce the risk of turnover. • Retain key talent: Identify and reward high-performing employees by ensuring your compensation packages are in line with or exceed industry norms. Click here for more info: https://lnkd.in/dQfQe3YG
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The restaurant industry marked the 32nd consecutive month of employment gains in August — a stretch that has resulted in nearly 2.6 million more restaurant workers. About 14,900 net jobs were filled in August, according to preliminary data from the Bureau of Labor Statistics. The findings were in line with the pace of hiring between April and July when payrolls expanded by an average of about 15,000 jobs each month. As noted by the National Restaurant Association, the industry continues to inch closer to pre-pandemic employment levels. About 12.31 million workers were employed by the restaurant industry at the end of August, just a few thousand short of the 12.34 employees seen in February 2020. Data from the BLS’ Job Openings and Labor Turnover Survey (JOLTS) further shows that the rapid turnover seen in the restaurant industry during the last three years may finally be leveling off. The total number of separations in the accommodation and food services sector fell to 733,000 in July, down from 836,000 in July 20222. The number of separations was actually even below February 2020, when 883,000 foodservice workers left their jobs, signaling that labor conditions are returning to normal. For more information, please read the National Restaurant Association’s full analysis. https://ow.ly/z6k850PLiEU
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If a promotion doesn't come with a raise, is it even a promotion? Well, not really. But more and more employers are offering what's called a "dry promotion." It's like going to a restaurant that doesn't serve food — something's missing. So, what should you do if your boss wants to give you more responsibility without a salary increase? Here are a few suggestions. ⬇️ #DryPromotion #Promotions #WorkTips
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With restaurant employment back at pre-pandemic levels and wage growth and turnover gradually slowing, the balance of power in the restaurant labor market is likely shifting to be more favorable for employers.
The restaurant labor market in 6 key statistics
restaurantdive.com
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My white experience cont.. Next, there is the employment at Performance Foodservice. I got a job at performance foodservice as an order picker, which essentially consists of palletizing items from food vendors and getting them loaded on a truck. Not too long after being employed there, I injured my leg at the gym, just a pulled muscle. I got a doctor’s note because this would be proof of actual injury, and I asked if I could be accommodated with a different, less physically strenuous job for that time. HR stated no, and did not accept my doctor’s note. Due to the fact that new employees are only afforded five points there and I had already missed a day because life happens sometimes and there is nothing you can do about it, there was no way that I would keep that job after the injury because I was ordered not to work for the next five days. So, I applied for unemployment. The jobs previous to Performance foodservice didn’t fight unemployment, but Performance Foodservice did. They claimed that I quit the job for no reason having to do with work or for no appropriate reason. Wait. Things are not adding up here. Didn’t I injure myself, go to the doctor, obtain a doctor’s note, present said note to HR, and HR refuse to accept the doctor’s note? Yea, time to appeal the disqualification decision. So, I appeal it. The craziest thing. The whole record indicates that I injured myself and had this run out of points due to the fact that my doctor’s not had not been accepted, and therefore was terminated. How could any investigation conclude that I had quit the job with all that evidence showing that I was terminated for the aforementioned reasons? I think only a rigged investigation. But luckily I am diligent and satisfied my obligation to appeal, and the truth was revealed and I was granted unemployment while search for another job. But, first, you don’t accept my doctor’s note, then you fire me, then you tell unemployment that I quit the job where you clearly terminated me. What’s really going on? I don’t really think this has to do with race, these were all just white bosses, so it reminds me of those old movies where the black man is constantly persecuted by his white counterparts. I think that this just has to do with power. The power to take advantage of those in a position that warrants the most care, attention, and opportunity. Let’s just keep moving.
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The recovery of restaurant employment to pre-pandemic highs and the simultaneous slowing of wage growth and turnover indicates a clear, if slight, loosening of the national restaurant labor market. This likely means that workers are losing some power to demand high wages and exercise discretion in job choices, a sign of a shift in market power towards employers.
The restaurant labor market in 6 key statistics
restaurantdive.com
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Director of People Analytics Research, ADP Research. I study the decisions of employees and employers. My posts reflect my own thoughts.
Going to ADP Meeting of the Minds? In the accommodations and food services industry? Come to this panel if you can. When you get there, I've got but one request: Ask that question. Don't be shy. We're in this session to learn together. And we've got some of the best ADP clients in the business there with us. See you at #MOTM
Join us live at ADP's #MOTM #restaurant and #hospitality client panel discussion with hosts Ben Hanowell and Chris Mullen. Topics include job market trends, such as wage growth, recruiting opportunities and challenges. Register: https://lnkd.in/gR2fpWpW
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