WageWatch Announces Early Release of National Hospitality Compensation Report

July 7, 2009 - PRLog -- To help hotel general managers and human resource directors, WageWatch has released the 2009 hospitality wage and salary survey findings earlier than planned.  The early release of this survey by one month is due to increased participation – with over 2,500 hotels across the U.S. providing this year’s pay data to WageWatch.  

The 2009 National Hospitality Compensation Benchmark report includes 260 positions with results for hourly employees, management, supervisory level, and administrative positions. The survey release comes at a crucial time for hoteliers, who need local data in time for budget preparations while tracking ever changing economic conditions.

“It is crucial to see the full picture when dealing with such a large expenditure as payroll,” said Margaret Dyekman, President and Chief Operating Officer of WageWatch. She adds, “We have heard all year long about staff cuts and pay freezes, but now we are hearing about planning for 2010 to ensure that when the economy does improve, voluntary turnover will not sky-rocket.”  WageWatch expects talented, high-performing employees in the hospitality industry who have been biding their time to be watchful for new career ladder opportunities.

The Hospitality Compensation Benchmark report shows hourly and salaried data by geographic regions and by select service, full service, and vacation ownership properties.  In addition, WageWatch has added gaming and golf positions to its compensation survey this year, ensuring cross-industry employers have immediate access to the data they need to maintain a strong workforce.

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WageWatch (www.wagewatch.com), the leading Web-based source for compensation and benefits data, provides instantly accessible industry wage, salary and benefits data, delivered to any Internet-enabled device. WageWatch surveys industries and provides companies with the data they need to make their compensation and benefits decisions. As a pure information provider, WageWatch gives its customers the ability to see what their competitors are paying and position themselves in their markets.
For additional information about the survey, call 1-888-330-9243, or visit us on the web: www.wagewatch.com