Sodexo food service workers picket the employer at the Federal Reserve building in New York to demand a solution as wages aren’t keeping up with inflation
Labor costs brought U.S. hotel profitability down further in September
Estimated labor costs came in at 96% of the comparable level from 2019, which was the highest index of the pandemic-era.
What the new National Living Wage means to the UK hospitality industry
To compensate for the wage rising for almost half of their workforce by 2020, employers will almost certainly have to make cut-backs.
UK payroll costs could rise by 45 per cent by 2020
The government is introducing the minimum living wage of £7.20 per hour (25 year olds and over) in April this year and operators will have to find a way of absorbing this increased cost.