Human Resource Strategy Management

Why turnover rate

• Hotel needs people to operate
• Each turnover produces several costs
• Bad reputation and information loss
• The industry start to adapt turnover
• 31% average turnover rate in 2015 and increasing in the future

Why keep geniuses

• A few geniuses create almost value
• Manager level or potential one
• Labour market shortage
• Too much cost and focus
• Possible competitors
• 2 millions demand gap in China and headhunt focus on older and experience

How (Old Fashion)

• More wages
• Promotion promise
• Manager or HR talking
• Beg?

More strategy

• Qualify from the beginning
• Focus on staff satisification
• More training programs
• Geniuses stock and preparation
• Create higher standard benefits and organizations

Conclusion

• Challenge
• Reasons
• Solutions