Analysing statistically the predicting factors that influence the attrition and fluctuation of hotel employees
R. George Leslie Davidson,
A. Geetha and
G. Brindha
International Journal of Indian Culture and Business Management, 2024, vol. 33, issue 3, 384-401
Abstract:
Staff remuneration has long been a significant problem in the contemporary hotel industry. There are several reasons why people's salaries fluctuate. Executives in the tourism sector may use the study's findings to develop strategic initiatives to lower employee turnover and boost revenue. One of the key motivators is realising the significance of employee turnover and raising awareness of the problem. This analysis of earlier research makes an effort to synthesise the results of past studies to provide a comprehensive framework of employee compensation in the hospitality industry. According to the research, seven repeating elements were connected to employee perks and opportunities, admin integrity, perceived corporate support, job satisfaction, training, regarded superior support, perceived cultural commitment, and turnover. These standards must guarantee that businesses may keep their staff, particularly those who can significantly improve the state of the sector. Collaboration among employees is considered advantageous for both parties in an organisation. The industry looks after them, and we repay the favour by devoting ourselves to it.
Keywords: employee income; organisational climate; job satisfaction; predicting factors; hotel employees; tourism sector; human resources. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijicbm:v:33:y:2024:i:3:p:384-401
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