“The service industry may be at a crossroads, and raising pay is one way to attract excellent employees.”
“It will give Hard Rock a competitive advantage at a time when labor is relatively tight,” said David Schwartz, a gambling historian at the University of Nevada, Las Vegas. Hard Rock said the raises will go to half its U.S. We’re trying to find the highest quality employees, thanking them for their efforts and recognizing that with compensation.”
“We just wanted to do something to really help out and show appreciation to our employees. “We looked at all the starting salaries of all our (front) line employees, certainly recognizing the economic conditions that have been going on,” said Jim Allen, the company’s chairman and CEO. The raises apply to 95 job classifications, including cooks, housekeepers, front desk clerks, security workers and cage cashiers. In some cases, workers will be getting an immediate raise of 60%. Some salaried workers will receive increased merit raises as well. The raises, which include an immediate increase to a minimum starting salary of $18 to $21 an hour, are designed to help employees deal with persistent inflation, and to help the company attract and retain top talent, lessening employee turnover. (AP) - Hard Rock International, the global gambling, entertainment and hospitality company, said Monday it is spending over $100 million to give significant raises to 10,000 non-tipped workers, most of them in the U.S.
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