SPONSORED CONTENT: How Cutting-Edge HR Innovation Addresses Team Member Needs
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In the hospitality industry, engaged workers significantly improve profitability and productivity, with a 50% decrease in turnover risk and 75% reduction in sick days. Major hotel chains like Hilton, Hyatt, and Marriott partner with Great Place to Work, with Encore earning certification for 2022-2023 and 2023-2024. Encore invested over $200 million in two years in benefits, training, and technology. They introduced the U.S.'s first overtime savings program with a matching incentive and launched financial wellness initiatives, including a Seasonal Leave of Absence program, service excellence, and profit-sharing incentives.
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