The Complete Guide to Hospitality Management Incentives
Designing and implementing a great incentive system for your hospitality business is one of the most transformational things you can do. Done well, it will align your team and produce outsized hospitality business results that your competitors simply can’t replicate. But not all incentive programs are created equal (in fact, many promote the wrong behaviour), so in this guide we've pulled together the most tried, tested, and proven incentive ideas for every role in your hospitality business.
What’s inside?
A 20-page Guide that teaches you how to run the most successful incentives possible in a hospitality business. Inside, you'll learn:
- The key incentives to introduce, from your frontline to your kitchen, and from your most junior employee to your General Manager.
- How to align your entire team behind the same goals in your business so that everyone is pushing for success.
- How to set and chase a budget with your Senior Management team that will see them deliver vastly improved financial performance.
Nailing the right incentives in our 12 venues helped us:
- Energised the team to chase better results every single week.
- Increased the tenure of our key people, and our profitability right across the group.
- Reduced the management time we needed to invest in each site, as our key people were aligned to our financial goals.
I'm Rich McLeod, CEO at Loaded.
15 years ago my business partner James and I built Loaded to run our own 12 bars, pubs and restaurants. We were tired of not being able to consistently run every venue in the group with full visibility and tools for managing our key financial levers. When we finally made that visibility happen, the results were dramatic. I’m confident we can help make that same impact on your group, too.
“Ever since we introduced Loaded into our business our gross profit has just got better and better.”
Steve Logan. Owner, Logan & Brown
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