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Changes in the approach to staff motivation in hospitality enterprises

https://doi.org/10.29030/2309-2076-2024-17-3-34-41

Abstract

     In today’s highly competitive business environment, any company strives to improve its position by achieving greater efficiency and effectiveness. It is extremely important for companies to define strategic goals and develop plans for their implementation, based on available resources. When considering the assets of an enterprise, it is worth highlighting employees first of all, since they, step by step, direct the corporation to the heights of success, using their skills and knowledge to achieve the set goals.
     This article substantiates the idea that companies that perceive their personnel as the basis for success and systematically increase their motivation and productivity often work most productively. Accordingly, one of the main priorities of any company, including the hospitality industry, is to find effective methods of managing the work process to activate human potential and improve work results. It is concluded that a well-established reward system serves as a powerful tool in the hands of management to increase staff loyalty and profit growth. Such a system should be realistic, balanced and truly attractive to employees. In the hotel services industry, motivational mechanisms play a key role.

About the Author

G. F. Krasnozhenova
Moscow state linguistic university
Russian Federation

Galina F. Krasnozhenova  – doctor of sociological sciences, associate professor, 22.00.08 – sociology of management, head of the Department of international business and hotel business

Moscow



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For citations:


Krasnozhenova G.F. Changes in the approach to staff motivation in hospitality enterprises. Economic Systems. 2024;17(3):34-41. (In Russ.) https://doi.org/10.29030/2309-2076-2024-17-3-34-41

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ISSN 2309-2076 (Print)