Why cutting costs on recruitment will be the most expensive mistake you make

Invest in Your People: The Key to Recruiting Success in Hospitality and Culinary Industry

As the leading hospitality and culinary recruitment company for over 20 years, Hospitalio Recruitment has had the privilege of connecting the world's best restaurants, hotels, and cruise lines with their future leaders. We have insight into how the best employers attract and retain the best talent. One of the most critical factors we have observed is the need to invest in your most important asset, your people.

Unfortunately, many companies underestimate the importance of investing in their employees and make costly mistakes when it comes to recruitment.

 

Here are the three most significant errors they make:

 

1. Believing Low Salaries Will Save Money

Some companies assume that paying low salaries will save money. However, low salaries lead to less experienced employees. This makes it harder to deliver a quality experience for your guests. Additionally, your best employees will be easy to poach by competitors. This leads to high turnover, low morale and lower revenue.

2. Paying Market-Related Salaries for an Opening

While paying market-related salaries might be fine most times, its not a good idea when hiring leadership for a new business. Good people won't move for the same salary they're already earning. If you advertise a job at a market-related salary, you'll only attract people who earn less. A new business requires very experienced leaders who can hire, train, implement systems, and help set the reputation of your establishment. If you cut corners and hire someone who isnt strong enough during an opening, it could ruin your reputation and cost you more money in the long run.

3. Assuming All Recruiters are the Same

Hospitalio Recruitment is a specialist recruiter with over two decades of experience in the hospitality and culinary industry. Yet we often get confused by new clients who think we are a manpower company. Manpower companies specialise in budget recruitment of line staff like waiters and cooks. Recruiting leaders for an organization requires a white glove approach throughout the process. This is where a speciality recruiter like us is needed.

Conclusion

Our clients are either leaders in their space or on their way to becoming one. They understand that their most important asset is their leadership and worth investing in.

In conclusion, investing in your people is crucial for success in the hospitality and culinary industry. Don't make the mistake of cutting corners on recruitment costs. Instead, see recruitment costs as an investment in your business's future.

Picture of Barak Hirschowitz
Barak Hirschowitz

Barak Hirschowitz is founder of Hospitalio Recruitment, the leading hospitality and culinary recruitment agency in the US and globally.

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