The restaurant business offers many benefits, which is why most restaurant workers express a lot of optimism working in the industry. The restaurant business is worth approximately $709 billion (yes, that’s billion with a B!), which leaves it as a place for tremendous opportunities and growth. Still not convinced? Here are 7 benefits of working in the industry that will help change your mind!
1. Opportunity for All: The restaurant industry is one of the few that provides job opportunities for all age groups – from Newbie’s to Veterans, Host to General Managers, there are job openings for any age group ranging from 16-65 (and over).
2. Tremendous Employment Growth and Career Advancement: It is estimated by 2025 the restaurant industry will employ 15.7 million workers – an increase of 1.7 million from 2015. For those who have worked in the industry, nine out of 10 claim it is a good place to land a first job, and 70% of all workers ages 18-65 have advanced to higher paying jobs. The highest-paying restaurant jobs can easily reach six-figures, and are attainable for anyone with the right experience.
3. Great Networking Opportunity: On top of providing tremendous career advancement, working in restaurants offers great networking opportunities. This is especially true of those who work in Front of the House positions — like Hosts, Servers, Bussers, and Bartenders — as these tend to be very engaging jobs. In these roles, you get to meet all types of people from different backgrounds. These individuals can turn into work connections, unearthing new opportunities.
4. Not You’re Typical 9-5 Job: The restaurant industry is one of the few that offers flexible working hours to fit around family and social lives. It is also one of the few to offer both part-time and full-time work, as many restaurants are open extended hours. Many younger employees make the most of what the industry has to offer and are also enrolled in school (if you are enrolled in school, check out our blog for some great tips on How to Handle Being a Full-Time Student with a Part-Time Job!).
5. Training Included: Many restaurants provide their own training program which can help workers develop their individual skill sets. This allows them to move into successful careers – regardless of their education.
6. A Rewarding and Lucrative Career: In regards to hourly pay, many restaurant employees make a hefty hourly wage, especially those who earn tips on top of their base pay — like Servers and Bartenders. Restaurant managers of many corporate and some private businesses earn very competitive salaries — not to mention quarterly and yearly bonuses. In fact, nine out of 10 owners and operators say they will likely work in restaurants until they retire.
7. Travel Opportunities and Job Security: Restaurants are located around the globe, and there are no indications it will slow down (remembers, that’s billion with a B!) Many corporate restaurant brands operate internationally, and are willing to provide placements or relocations.
What is your favorite thing about working in the restaurant industry? Post your comment below!
*Statistics taken from The National Restaurant Association.