INTERRELATION OF EMPLOYMENT AND FINANCIAL AND ECONOMIC RESULTS OF THE ENTERPRISES OF HOTEL AND RESTAURANT BUSINESS

Abstract

In the article it is determined the dynamics of indicators of profitability and labor productivity in the enterprises of the hotel and restaurant business and develop recommendations for their improvement. It is noted that the feature of the work of employees of hotel companies is that the result of their work is not a product, but a service. Using material and production resources in their production and operation, employees create and implement hotel services. It is established that the number of service personnel does not depend on the volume and cost of services rendered. In addition, hotel workers mainly perform work associated with constant nervous, mental stress and physical activity. The study showed stabilization of the number of employees in the hotel and restaurant business after a sharp decline in 2015. The analysis of profit formation at the enterprises of hotel and restaurant business for 2014–2017 years allowed to reveal a positive trend. However, a detailed analysis showed that for workers in the hotel and restaurant business, in comparison with other Ukrainian enterprises, there is an insufficiently effective indicator of personnel management and a low level of labor productivity. Increase of labor productivity in the hotel and restaurant business enterprises is possible due to the use of a balanced system of indicators combined with incentive system at enterprises in this sphere. The approach to improving the efficiency of using the hotel and restaurant business staff in the article allows balancing fulfillment of the operational and strategic tasks of the organization, including the improvement of the rationing and remuneration of labor in the hotel and restaurant.

Authors and Affiliations

Olga Riabtseva

Keywords

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  • EP ID EP617268
  • DOI -
  • Views 191
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How To Cite

Olga Riabtseva (2018). INTERRELATION OF EMPLOYMENT AND FINANCIAL AND ECONOMIC RESULTS OF THE ENTERPRISES OF HOTEL AND RESTAURANT BUSINESS. Економічний вісник ДВНЗ "Український державний хіміко-технологічний університет", 1(1), 100-105. https://www.europub.co.uk/articles/-A-617268