Hotel Industry Trends - Employment

The soon to open Revel Casino in Atlantic City has an unusual Hiring Policy, where front line employees will have term limits of four to six years. Then, they must reapply for those very same positions.

There were 3.4 million job openings on the last business day of December, up from 3.1 million in November. The hires rate (3.1 percent) and the separations rate (3.0 percent) were unchanged in December.

An article that addresses the long-time hospitality industry debate over hiring employees based on personality or on ability has been named the 2011 article of the year for the Cornell Hospitality Quarterly, based on a vote by the members of the CQ’s editorial board.

As 2012 ushers in an improving, but still highly competitive job market, more workers may be looking beyond their own backyard for employment options. Forty-four percent of workers said they would be willing to relocate for a career opportunity, according to a nationwide study by CareerBuilder.

As economic malaise bleeds into another New Year, employers are making hard-nosed decisions about benefits and compensation. That means for many in the nation's workforce, compensation remains flat, health care premiums are up, the 401(k) match has disappeared and bonuses are smaller or nonexistent. The result is not hard to guess.

Employers worldwide have received a mixed report card, with less than half of all survey respondents saying that their bosses have done a good job in preparing them for future success, according to the latest survey results from Kelly Services® (NASDAQ: KELYA) (NASDAQ: KELYB).

David Huether, senior vice president of economics and research at the U.S. Travel Association, provides analysis on Labor Department report on October 2011 employment numbers:

This edition of the HVS Executive Search review of gaming CEOs compares 2010 compensation in relation to stock performance, EBITDA growth and market capitalization over a three year period.

Although the challenges of a multi-generational workforce have existed for decades, this topic has never been hotter than now. Why? Today HR professionals have up to five generations of workers to manage and assimilate in the workplace.

David Huether, senior vice president of economics and research at the , provides analysis on the Labor Department report on September 2011 employment numbers