Drakopoulos’ restaurant group offers $5000 sign-on bonus to hospitality staff

·

Restauranters across Australia, are seeking creative ways to overcome staff shortages, with Sydney Restaurant Group offering a $5000 sign-on bonus to all new team members, from dishwashers to managers.

The group, founded in 2000 by Bill Drakopoulos is a family operation that includes high-end restaurants across Sydney from Aqua Dining at Milsons Point, Ormeggio at The Spit and Ripples Chowder Bay.

Speaking with Financial Review, Bill’s son and co-owner of the group, Daniel said: “A lot of companies are doing $1000 to $2000 sign-on bonuses, but we are willing to get the best, and we’re willing to pay.”

Daniel is hopeful the financial incentive will see the group employ the additional 100 to 150 staff they require and will be available to people willing to work full-time for six months on a regular shift roster.

Waiter pouring wine. Photo Unsplash User Stefan Schauberger

According to the latest ABS data, Australia’s unemployment rate is at a 48-year-low of 3.5% with inflation hitting 6.8% in June, the highest price growth since late 1990.

“We’re copping the brunt of price increases, wage increases, cost of goods increases, we inevitably had to put up our prices ever so slightly, not to be profitable, but to stay afloat,” Daniel said.

“There are a lot of unforeseen costs that people don’t realise, like increasing gas prices, increasing rents, increasing cost of goods.”

Source: Financial Review

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Delacroix masterpiece to visit Greece for historic anniversary

Eugène Delacroix’s celebrated 1826 oil painting “Greece on the Ruins of Missolonghi” will travel to Greece this April.

Femicide in Greece: Statistics, stories and the struggle for change

This crime, enacted more often by a partner, ex-partner, or family member, is usually preceded by domestic violence.

Sifnos named top 2026 Greek island escape for Australian travelers

Sifnos, a tranquil jewel of the Cyclades, has been crowned the leading 2026 destination for Australian travelers.

Australia–Cyprus Achievement Awards honour service, scholarship and the next generation

The Australia–Cyprus Achievement Awards were held at the Chau Chak Wing Museum at the University of Sydney on Thursday, February 26.

Odeon of Herodes Atticus to close for three years for major upgrade

The Herodion will shut its doors at the end of July for a three-year restoration program aimed at preserving and modernizing the historic monument,...

You May Also Like

President Damon Hanlin addresses Sydney Olympic FC’s financial challenges at AGM

Sydney Olympic Football Club (SOFC) held its Annual General Meeting (AGM) on Tuesday, October 1, 2024, at the Canterbury Leagues Club.

Filmmaker Koraly Dimitriadis shortlisted for ‘Yiayia Mou’ in 2023 Multicultural Film Festival

Cypriot-Australian Koraly Dimitriadis is a finalist for short film, Yiayia Mou (My Grandmother), for the 2023 Multicultural Film Festival.

The Athenian Association of NSW announces winner of its Hellenic Achievement Award

The Athenian Association of NSW Inc. has today announced the winner of the Athenian Hellenic Achievement Award for 2020 and 2021.