salaries and wages Flashcards
Which hospitality role typically earns the highest salary?
General Manager or Hotel Manager
How does experience affect salary in the hospitality industry
More experience typically leads to higher salaries
What factors influence salaries in the hospitality industry
Location, establishment type (luxury vs. budget), experience level, and education
What does “salary” mean in the context of the hospitality industry
A salary refers to the regular payment, typically expressed as an annual amount, made to employees working in the hospitality industry for their services.
What is the difference between salary and wages?
Salary is a fixed, regular payment (often yearly) for full-time roles, while wages are paid based on hours worked, often weekly or hourly, like for part-time jobs
Why do employees in the hospitality industry often work long hours
to meet customer demands
How does location affect salary in the hospitality industry
Salaries tend to be higher in areas with a high cost of living or in tourist destinations due to greater demand for services and higher operating costs
list 3 factors affect a hospitality worker’s salary
experience, job role and location
How does the type of establishment (e.g., fast food vs. luxury hotel) affect salaries
Workers in luxury hotels or high-end restaurants typically earn higher salaries than those in fast food or budget establishments
What is the importance of “employee training” in salary progression in the hospitality industry
Employee training improves skills and knowledge, making workers eligible for promotions, which typically come with higher salaries and more responsibilities
