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6 Tips to Lower the Cost of Operating a Franchise

PandoLogic

The Top Costs Associated with Running a Franchise The top costs of managing a franchise frequently include franchise fees, royalty fees, advertising fees, training fees, supplies and equipment costs, labor costs, rent or lease costs, insurance costs, and ongoing operational costs.

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Efficient Background Checks a Must as Hospitality Preps for Peak Travel Months

Sterling Check

The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. Competition for Talent Is Fierce. Many people who were furloughed or laid off from leisure and hospitality jobs in 2020 migrated into roles in more stable industries. Ready or not, here they come.

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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is both a function and a department within an organization.

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Yes, Talent Acquisition Matters For Restaurants Too

Hoops

Recruitment and retention are two of the top five industry challenges, rising above food costs in a 2016 operator survey by the National Restaurant Association. Beyond escalating wages, it’s the stealthier costs of hiring, training, scheduling, and retaining staff that sneak up on restaurateurs.

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What’s Keeping HR Up at Night in 2020?

HRExecutive

Is this an early sign that the talent shortage is dwindling? Slightly more than half of the respondents worry about retaining key talent, with the next most common concern being developing leaders and succession planning, followed by improving the employee experience, and driving innovation and helping teams work together. fell from 7.6

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UKG Solution Demand Drives Outstanding Second-Quarter Fiscal 2023

UKG

A 300% increase in users of UKG Wallet , which offers earned wage access, budgeting tools, financial literacy and counseling, and peer-to-peer payments that UKG customers say is a significant recruitment and retention tool. The momentum across all areas of our business shows how important what we do is.”

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Why Is Human Resources Important? 8 Top Reasons

Analytics in HR

Knowing why HRM matters requires a holistic approach and learning how it affects your organization’s success and growth. These activities include: Talent acquisition , selecting qualified candidates to fill job vacancies, and ensuring a fair and unbiased recruitment process. Contents What is HR?