Executive Summary Purpose – The purpose of this report is to find out what couse high staff turnover in hospitality industry. And try to solute those problem. Methodology – The reason of high staff turnover rate divide by three major types‚ which are individual factors‚ enterprise factors and industry factors. After explain three types of factors‚ this report will show some method to solute each problem. Findings – Company should do something to remain their staff to decrease the damage from
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Reason for High Turnover Rate of Hospitality Industry in China Abstract The hospitality industry in China is gradually developing and being matured increasingly. It is the rapid increase in the number of hotels resulted in growing demand for qualified employees. However‚ China’s hotels are facing serious human resources challenge including shortage of qualified staff‚ high-staff turnover‚ and the unwillingness of university graduates to enter the industry. Specially‚ the high turnover rate of
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Level 1 Foundation Diploma in Hospitality Unit 2 Why the hospitality industry is important Guided Learning Hours: 30 (25 for teaching and learning activities‚ 5 for assessment activities) Unit aims The wider hospitality industry and the seven industries within it‚ provide a stimulating and challenging world for you to study and work in. Through this unit‚ you will learn how the everyday lives of people are affected by the important contribution the hospitality industry makes to the UK economy and
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in the hospitality industry: a research study on the impact of gender on the turnover intentions of highly educated employees R.J. Blommea*‚ A. van Rheedeb and D.M. Trompb a Center of Leadership and Personal Development‚ Business University Nyenrode‚ Breukelen‚ The Netherlands; bKenniskring Human Resource Management‚ Hotelschool The Hague‚ The Hague‚ The Netherlands The subject of this study is the psychological contract approach to the employment relationship within the hospitality industry
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How AIG was affected by U.S. recession: AIG is an insurance corporation that is multinational. They have headquarters in New York City‚ London‚ Paris‚ and Hong Kong. In the year 2000‚ the company held the title for the 29th largest company in the world. Things took a turn for the worse in this company when‚ in 2008‚ they suffered from a liquidity crisis and its credit ratings were downgraded below “AA” level. AIG had to take out a number of down loans and had to sell a number of its subsidiaries
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dragoscv@gmail.com Abstract The actors on the today business stage have no more well-defined roles with clear and rigid borders between them. Hospitality industry in particular is a good example how it has been blurred the roles that customers play in dealing with service providers. The study reveals that customers can influence the quality of hospitality service through performing a qualitycontrol function. This involves a series of activities to be achieved by them: (1) on-the-spot quality control
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ASSIGNMENT Introduction Hospitality provision is one of important services in travel and tourism. The hotel is a basis for short accommodation needs of travellers. Depending on the content and using that object classification stay in hotel‚ tourism‚ resort‚ etc. According to the level of amenities available‚ they are classified according to the number of stars from 1 to 5 stars. In recent year‚ the economics and society are developing. People are getting busier with their work and their life. They
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from one of the longest and deepest recessions since the end of WWII. The definition of a recession is‚ a general slowdown in economic activity‚ a downturn in the business cycle‚ and a reduction in the amount of goods and services produced and sold. This is precisely what happened to the U.S economy from 2007-2009. For the years leading up to recession‚ a then booming housing market lead some to believe a recession was inmate. Since the start of the recession‚ the United States has tried to regain
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have abstracted from the channelnewsasia.com‚ is about the recession that hit Singapore back in 2008. In the said article‚ the recession in 2008 was so bad‚ that it left many Singaporeans jobless due to high rate of retrenchment‚ that was possible to reach as high as it was during the 1998 Asian financial crisis and 2001 economic downturn that left up to 30‚000 workers retrenched. Besides causing loss of jobs for many workers‚ the recession in 2008 subsequently affected the manufacturing sector‚ tourism
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The recent economic recession faced by not only the United States‚ but also major countries across the globe‚ has made it tough for businesses to keep operating at a profitable level and forced many to downsize their personnel or to even go bankrupt. In fact‚ this tough economic period has caused consumers‚ whether they are manufacturers buying raw material or an average person buying food at the grocery store‚ to be a lot more conservative with regards to their needs and spending. Consequently the
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