WIN Occupation Snapshot 2017 - Hospitality Management

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OCCUPATION SNAPSHOT

HOSPITALITY MANAGEMENT HOSPITALITY MANAGEMENT OPPORTUNITIES Employer demand for Hospitality Management occupations has experienced consistent growth in Michigan over the past 5 years. Recovering from recession low-posting levels (1,504 online job ads in 2010-2011), employer demand has almost doubled by 2017, with 2,916 online job postings. Employment in these occupations is expected to experience small grow over the next 5 years but replacement hiring is essential in this large field. Less than 19% of the Hospitality Management workforce is under 21 or over 55, so young and older workers represent a largely untapped talent pool for hospitality employers to begin hiring from. Minorities also make up only 20% of the hospitality managers in the state. These underrepresented groups of workers are likely to be targeted for hiring, especially if employer demand increases beyond its relatively stable current state.

COMPENSATION FOR EXPERIENCE

Hospitality job experience, along with education or training programs, is most important to employers hiring for hospitality management positions. This is especially salient to older job seekers who may bring more experience and are currently underrepresented in these jobs. Compensation rises dramatically with more experience. A typical median salary in these types of positions is $29,000, slightly below median family income in the state. However, with experience, that annual salary can grow to $55,000.

>19% Less than 19% of the workforce is under 20 or over 55.

2,916

jOB postings

Consistent employer demand for these positions.

Experience preferred

$16,000 starting salary

20% Only 20% of the workers currently in this fiel are minorities.

For more information on how to start your career in hospitality management visit your local community college.


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