What is the Real Cost of Restaurant Employee Turnover?
4 Min Read By Ryan Mack
You might think that worst thing that could happen to you as a restaurant owner or manager would be to have empty tables. But the ugly truth is that empty tables won’t cost you nearly as much as losing your employees. Unfortunately, employee turnover remains one of the top ways that restaurants are losing money year over year.
According to The National Restaurant Association, employee turnover across the entire restaurant industry was 61percentin 2016 and that percentage is almost twice as high for front-line workers. The shocking truth is that restaurants on average are losing somewhere around $150,000 a year due to employee turnover alone!
Why is Turnover So Prevalent in Restaurants?The restaurant industry specifically takes a hit when it comes to employee turnover, and there are several key reasons why this happens. First, restaurants hire the highest percentage of teenagers of most any other industry out there. So, for many front-line restaurant workers, this is their very first…
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