Fast-rising hospitality leaver rate piles pressure on recruitment and retention
Fast-rising hospitality leaver rate piles pressure on recruitment and retention
More staff are leaving jobs in hospitality now than at any time since the start of the pandemic.
The latest data from Fourth, the industry’s leading provider of inventory and workforce management solutions, shows that 8.3% of the workforce left the sector between August and September.
63% of retail leaders plan to hire more staff with festive season nearly upon us
63% of retail leaders plan to hire more staff with festive season nearly upon us
63% of retail leaders expect to hire more staff in the remainder of 2022 with the Christmas trading period fast approaching. This is according to market research conducted by the leading retail and hospitality technology company Fourth.
A third of retail employees are concerned about fewer customers as consumer confidence dips
A third of retail employees are concerned about fewer customers as consumer confidence dips
A third (33%) of retail employees expect to see fewer customers amid consumer confidence dips during the cost of living crisis according to market research by the leading retail and hospitality technology company, Fourth.
Hospitality Headcount Hits Two Year High – but Leaver Rate Remains Major Cause for Concern
Hospitality Headcount Hits Two Year High – but Leaver Rate Remains Major Cause for Concern
Hospitality staffing numbers are nearing pre-pandemic levels, but a series of factors such as increasing rates of pay, high staff turnover, and the changing make-up of the workforce, are piling pressure on employers.
Hospitality Food Costs Soar Up To 40% As Supply Chain Fragility Hits Hard
Hospitality Food Costs Soar Up To 40% As Supply Chain Fragility Hits Hard
Spiralling costs and major disruption to the supply chain are having a drastic impact on hospitality operators’ food and drinks bills – and profits – according to latest data. A new report from Fourth, the leading global software provider for the hospitality and leisure industries, shines a light on how global events, including the fallout from the pandemic and the war in Ukraine, has created unprecedented supply chain issues.
99% Of Retail Leaders Say Talent Shortages Are Still A ‘Worry’ For Their Business
99% Of Retail Leaders Say Talent Shortages Are Still A ‘Worry’ For Their Business
Almost all UK retail leaders (99%) are worried about talent shortages in their business, with larger retailers most likely to have concerns, according to market research by the leading global software provider for the retail and hospitality sectors, Fourth.
With increasing food and labor costs, restaurants are under increasing pressure to increase the bottom line, without impacting the guest experience. To operate a lucrative business, you need to examine ways to increase efficiency, increase sales and reduce costs.
A new season for hotel growth: Obstacles and opportunities for 2022 & beyond
A new season for hotel growth: Obstacles and opportunities for 2022 & beyond
Asia Pacific governments and hotel industry players have started to implement policies and partnerships to drive the revival of the travel and tourism industries.
Throughout the years, the iconic Four Seasons Hotel, Park Lane, London, operated with a traditional labour model, hiring core team members on 40 hours contracts to ensure maximum coverage to deliver the five star experiences their guests had come to expect.
The Peabody Memphis Adopts Fourth’s Procurement and Inventory Management Solution to Control Costs
The Peabody Memphis Adopts Fourth’s Procurement and Inventory Management Solution to Control Costs
Peabody Hotels & Resorts, a full-service hospitality company that directs the operations of high-quality hotels through elevated standards of operations and service delivery, today announced it has partnered with Fourth, a leading provider of workforce and inventory for the hospitality, restaurant and retail industries, to supply critical support to its signature Memphis location, The Peabody Memphis.
STORY Hospitality is an extraordinary hotel management company, scoring top marks for the service they provide to those that entrust them with their properties, as well as the world-class experiences provided to their guests.