Miami, Florida--(Newsfile Corp. - October 18, 2024) - A recent survey by OysterLink highlights that restaurant workers are largely hesitant to embrace profit-sharing plans. The poll, which gathered responses from over 500 industry professionals, revealed that a significant majority-97%-believe bonuses or profit-sharing should be tied to individual performance rather than collective profits.
OysterLink Survey
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10722/227066_938cce827437087e_001full.jpg
Only 2% of respondents expressed general support for profit-sharing, while 1% opposed it entirely.
Milos Eric, General Manager of OysterLink, weighed in on the findings, stating: "Pay remains an ongoing issue in the restaurant industry, especially with the rising cost of living. While profit-sharing sounds like a great idea, most workers prefer direct, individual compensation."
According to the OysterLink survey, 65% of the industry professionals saw their salaries increase by 0% or only 1-2% over the past year.
About OysterLink
OysterLink is a job platform in the restaurant and hospitality industry. It features market trends and celebrity interviews to guide career growth. Currently, OysterLink attracts over 180,000 monthly visitors and is growing.
For more information, visit oysterlink.com or contact PR Rep Ana at press@oysterlink.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227066
SOURCE: OysterLink
