The norm of part time shifts for employees in the restaurant and retail industries may be shifting itself. According to the Bureau of Labor Statistics survey data, nearly 5.7 million workers said they were working part time jobs because they couldn't get more hours or find full time gigs.
The Wall Street Journal recently examined the shift at some restaurants and retail stores hiring more full-time employees for the long-term benefits they provide, including Cincinnati-based elevated sports restaurant brand Buffalo Wings & Rings. While there is a higher cost involved with investing in full time employees, they are also more reliable - a Korn Ferry Hay Group analysis showed 69% of part-time employees leave their jobs every year, while only 27% of full-time employees leave.
At Buffalo Wings & Rings, CEO Nader Masadeh told The Wall Street Journal that full-time employees drive 6% higher sales and have significantly lower rates of absenteeism. The brand has doubled the number of full-time employees since 2013, which has led to a drop in training costs of 25%.
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Wings and Rings
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At Buffalo Wings & Rings, full-time employees drive 6 percent higher sales and have significantly lower rates of absenteeism.
The norm of part time shifts for employees in the restaurant and retail industries may be shifting itself. According to the Bureau of Labor Statistics survey data, nearly 5.7 million workers said they were working part time jobs because they couldn't get more hours or find full time gigs.
The Wall Street Journal recently examined the shift at some restaurants and retail stores hiring more full-time employees for the long-term benefits they provide, including Cincinnati-based elevated sports restaurant brand Buffalo Wings & Rings. While there is a higher cost involved with investing in full time employees, they are also more reliable - a Korn Ferry Hay Group analysis showed 69% of part-time employees leave their jobs every year, while only 27% of full-time employees leave.
At Buffalo Wings & Rings, CEO Nader Masadeh told The Wall Street Journal that full-time employees drive 6% higher sales and have significantly lower rates of absenteeism. The brand has doubled the number of full-time employees since 2013, which has led to a drop in training costs of 25%.
To read the original article, click here.
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About the Author
Brian Jaeger is a Vice President of Media Relations at No Limit Agency. Brian joined No Limit Agency after seven years working for local television news stations in Florida, four years at WCJB in Gainesville and three years at Bay News 9, the 24-hour local news station in the Tampa Bay area. Brian is a graduate of the University of Florida, where he studied journalism and telecommunications. He brings a journalist’s viewpoint to the public relations field, and when he’s not busy telling the stories of No Limit Agency's brands, you can find him writing, on a karaoke stage, or cheering on the Gators.
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