Business Plan for The Hilton Garden Inn
By
Shyla Bergin
Richard Deeb
Jason Martin
Anne Taylor
Table of Contents
Salaries and Wages.................................................................................................3
Benefits Package
For Managers............................................................................................4-5
For Line-Level Employees.......................................................................6-7
Ideas for Attracting/Retaining Staff.......................................................................8
Potential Orientation Program...............................................................................9
Salaries and Wages
This section looks at some of the common positions found at a standard hotel, compares the average salaries of these positions and based on that creates a competitive salary range.
A) General Manager
B) Assistant General Manager
C) Hotel Manager
D) Guest Services Manager
E) Resort Manager
F) Shift Manager
G) Desk Clerk
H) Cook
Benefits Package
For Management Positions
401(k) plan:
There will be a 401(k) plan through Fidelity Investments. The plan will be part of an integrated 401(k) and payroll that will automatically put the appropriate funds into an employee’s 401(k) on payday. Through Fidelity Investments each employee will be able to move their funds between different mutual funds, as well as have access to Fidelity retirement planning tools and resources.
Health Care:
There will be a health care plan through Blue Cross Blue Shield of Vermont. The plan will be HAS Blue, which is a high-deductible plan that lets employees choose their own providers. Once the deductible is met, the benefits are paid at 80% of the Allowed Price.
Vacation time:
Employees will receive an annual vacation time equivalent to one average work week, along with one holiday from the approved list.
Vacation time cannot be transferred over from year to year.
Sick time:
Employees will be allotted 32 hours of sick time that cannot be transferred over from year to year.
Maternity/ Paternity leave
There will be a three week paid maternity leave for expecting mothers, along with 2 weeks that will be allowed off, but not paid.
Fathers will be given one week paid leave and one week allowed off, but not paid.
In-House Perks:
Employees will receive the following on the job extras:
Raise Opportunities
Management positions will be evaluated every nine months. Based on the results of the evaluation, the holder of the position is eligible to receive a percentage raise of their current salary.
For Line-Level Employees:
401(k) plan:
There will be a 401(k) plan through Fidelity Investments. The plan will be part of an integrated 401(k) and payroll that will automatically put the appropriate funds into an employee’s 401(k) on payday. Through Fidelity Investments each employee will be able to move their funds between different mutual funds, as well as have access to Fidelity retirement planning tools and resources.
Health Care:
There will be a health care plan through Blue Cross Blue Shield of Vermont. The plan will be HAS Blue, which is a high-deductible plan that lets employees choose their own providers. Once the deductible is met, the benefits are paid at 80% of the Allowed Price.
Vacation time:
Employees will receive an annual vacation time equivalent to one average work week, along with one holiday from the approved list.
Vacation time cannot be transferred over from year to year.
Sick time:
Employees will be allotted 24 hours of sick time that cannot be transferred over from year to year.
Maternity/ Paternity leave
There will be a three week paid maternity leave for expecting mothers, along with 2 weeks that will be allowed off, but not paid.
Fathers will be given one week paid leave and one week allowed off, but not paid.
In-House Perks:
Employees will receive the following on the job extras:
Raise Opportunities
After one year of employment there will be an automatic pay increase of $.50 an hour. After this initial pay increase there will be evaluations given each six-nine months that could result in an increase of pay.
Ideas for Attracting/Retaining Staff
The following are ideas to help attract/retain staff members, as well as create a bond between the employees of The Hilton Garden Inn together. Note: some of these only apply to employees of the Manager level (*)
Hilton Honors Program
Daycare Supplement
Company Conventions
College Scholarships
Potential Orientation Program
From the first day at The Hilton Garden Inn, a new employee gets to experience the company's culture through a full day’s interactive orientation. New employees are introduced to a historical account of the company, as well as its mission and goals. The day is composed of benefits information, a policy review, and a mixture of service activities. After the tour of the facility, the new employees will have a scavenger hunt based around where their job will be, what tools they use, and what resources they will have available. Depending on what job each new hire has they may be doing the scavenger hunt in teams to help promote healthy teamwork and problem solving. If they are hired for a job that relies heavily on independance they will be participating independently. In essence, the new employees will be given access to all resources that would normally be at their disposal during a day (or night) on the job.