Sydney Restaurant Group is looking to outmanoeuvre its competition as an employer of choice over the peak season with a $5000 sign-on bonus amid a super tight jobs market.
A group of up-market Sydney restaurants aims to outmanoeuvre its competition as an employer of choice over the peak season with a $5000 sign-on bonus to all new team members, from dishwashers to managers.
The unemployment rate is at a 48-year low 3.5 per cent. The Reserve Bank of Australia expects it will drop to 3.4 per cent in coming months, and some major banks think it could go even lower.About nine in 10 firms reported a lack of workers was holding back output, the latest NAB quarterly business survey showed.
Founded in 2000 by his father Bill Drakopoulos with Aqua Dining at Milsons Point in Sydney, the group now operates more than a dozen venues and has evolved into a family operation including Daniel and three other siblings.Having weathered the global financial crisis, Mr Drakopoulos said the pandemic and post-pandemic period presented fresh challenges for the management team, including the cost of almost everything going up.
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