Have you ever wondered how much it costs to find and introduce a new employee to a restaurant? Did you count it in money?
How much does it cost in time and energy, people who are busy searching? It’s not an easy process, in conditions of a shortage of qualified personnel. And for some Companies – at least some personnel! It’s crazy stress when on the one hand you have a shortage, and on the other hand, a person does not always come even for an interview.
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Employees leave the Company for various reasons, but quite often because of the salary. So, if you take and analyze in detail what for what, the numbers speak for themselves!
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Attracting one employee:
📍Search and attraction = $40
📍Taxes, registration = $40
📍3-7 days internship = $100
📍Food, uniform = $60
📍Probationary period = $100
📍Mentor bonuses = $70
📍Loss of profit (%) = $200
📍SUMMARY = $610!
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If you found an employee the first time. And it doesn’t happen often. On average, we invest 3 times to find a permanent employee.
📍$610 * 3 = $1830 📍
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The figures for each restaurant may vary slightly. Especially the Loss of profit – you never know how many guests will leave forever!
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Take care of your business! To keep a current employee, you need to incur additional costs. On average, $2-$4 per day. And only!
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But, our employee is trained, knows his process, loyal to the Company. And we have already invested in his training. This approach minimizes risks and costs!
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The principle of “You go – Go” does not work! Learn to keep loyal employees, value them. Invest Time and Money not in personnel selection, but in business development.
