EN
IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY
Öz
Hospitality industry faces many difficulties with retention of the labour force which creates numerous challenges for human resource (HR) departments in these companies. At the beginning of every tourist season, employers in hospitality in Croatia have a challenging task to attract sufficient seasonal workers. In many cases, hospitality companies are forced to employ non-skilled workers and train them for the job which leads to additional costs and decreases productivity. However, this paper argues that by implementing appropriate reward management practices the level of employee turnover could be decreased. Specifically, this paper develops total reward strategy that could be used by employers in hospitality industry to decrease employee turnover and increase employee retention.
Anahtar Kelimeler
Kaynakça
- Agency for Vocational and Adult Education (2012). Tourism and hospitality, sector profile. ASOO.
- Armstrong, M., & Murlis, H. (2004). Reward management: A handbook of remuneration strategy and practice (5th edition). Kogan Page Limited.
- Babakus, E., Yavas, U., & Karatepe, O. M. (2017). Work engagement and turnover intentions. International Journal of Contemporary Hospitality Management, 29(6), 1580-1598. https://doi.org/10.1108/ijchm-11-2015-0649
- Baum, T. (ed.) (1993). Human Resource Issues in International Tourism. Butterworth-Heinemann.
- Bussin, M. H., Pregnolato, M., & Schlechter, A. F. (2017). Total rewards that retain: A study of demographic preferences. SA Journal of Human Resource Management, 15(1), 1-10.
- Čavlek, N., Bartoluci, M., Prebežac, D., & Kesar, O. (2011). Turizam – ekonomske osnove i organizacijski sustav. Školska knjiga.
- Cheng, J.-C., & O-Yang, Y. (2018). Hotel employee job crafting, burnout, and satisfaction: The moderating role of perceived organizational support. International Journal of Hospitality Management, 72, 78-85. https://doi.org/10.1016/j.ijhm.2018.01.005
- Croatian Bureau of Statistics. (2022a). Tourism in 2021. https://podaci.dzs.hr/media/gwcghawn/si-1700_turizam-u-2021.pdf (Accessed: 21st August 2023)
Ayrıntılar
Birincil Dil
İngilizce
Konular
Örgütsel Davranış
Bölüm
Araştırma Makalesi
Yayımlanma Tarihi
29 Ekim 2023
Gönderilme Tarihi
20 Temmuz 2023
Kabul Tarihi
27 Ağustos 2023
Yayımlandığı Sayı
Yıl 2023 Cilt: 5 Sayı: 2
APA
Ferjanić Hodak, D., Načinović Braje, I., & Jaković, B. (2023). IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY. Economics Business and Organization Research, 5(2), 149-160. https://izlik.org/JA96WK44DM
AMA
1.Ferjanić Hodak D, Načinović Braje I, Jaković B. IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY. Economics Business and Organization Research. 2023;5(2):149-160. https://izlik.org/JA96WK44DM
Chicago
Ferjanić Hodak, Danijela, Ivana Načinović Braje, ve Božidar Jaković. 2023. “IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY”. Economics Business and Organization Research 5 (2): 149-60. https://izlik.org/JA96WK44DM.
EndNote
Ferjanić Hodak D, Načinović Braje I, Jaković B (01 Ekim 2023) IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY. Economics Business and Organization Research 5 2 149–160.
IEEE
[1]D. Ferjanić Hodak, I. Načinović Braje, ve B. Jaković, “IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY”, Economics Business and Organization Research, c. 5, sy 2, ss. 149–160, Eki. 2023, [çevrimiçi]. Erişim adresi: https://izlik.org/JA96WK44DM
ISNAD
Ferjanić Hodak, Danijela - Načinović Braje, Ivana - Jaković, Božidar. “IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY”. Economics Business and Organization Research 5/2 (01 Ekim 2023): 149-160. https://izlik.org/JA96WK44DM.
JAMA
1.Ferjanić Hodak D, Načinović Braje I, Jaković B. IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY. Economics Business and Organization Research. 2023;5:149–160.
MLA
Ferjanić Hodak, Danijela, vd. “IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY”. Economics Business and Organization Research, c. 5, sy 2, Ekim 2023, ss. 149-60, https://izlik.org/JA96WK44DM.
Vancouver
1.Danijela Ferjanić Hodak, Ivana Načinović Braje, Božidar Jaković. IMPLEMENTING TOTAL REWARD STRATEGIES TO IMPROVE EMPLOYEE RETENTION IN HOSPITALITY. Economics Business and Organization Research [Internet]. 01 Ekim 2023;5(2):149-60. Erişim adresi: https://izlik.org/JA96WK44DM