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12/19/2016

Best Benefit Ever: Compensation Data

This tool can help association members stay competitive in tight markets

A California hotel group launches a new platform to allow members to discover wage and benefits data specific to the hotel industry.

What is it? The California Hotel & Lodging Association has launched LobbyLights [PDF], an on-demand software platform that allows hotel owners to compare their compensation and benefits packages to what their competitors offer in the local area, across the region, or around the country.

Why it works? The tool, available 24/7, helps the association’s members stay competitive in the marketplace. “The cost of attrition of an employee earning less than $30,000 a year can range from 10 percent to 20 percent of the annual compensation,” CH&LA said in a statement.

Please click here to read the complete article from Associations Now.

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