2021 Cash Management Employee Relations Recruiting 
Modern Restaurant Management
OCTOBER 12, 2021
Recent restaurant closures, even temporary ones, help to underscore the importance of recruiting and retaining a staff. The vast majority of financially stable employees (87 percent) are likely to remain with their current employer for the next year, compared to only 58 percent of those who are financially unstable.
Touch Bistro
JULY 4, 2021
In 2021, the restaurant industry is experiencing an unprecedented labor shortage that’s seeing worker resignations and job openings at an all-time high. million jobs – or 12% – short of pre-pandemic levels as of June 2021. million food service employees lost their jobs in 2020. Well, go ahead and unlearn it. In total, 2.5
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Modern Restaurant Management
DECEMBER 14, 2021
The challenges our teams have faced over the last two years specifically has made us value our employees now more than ever. As it relates to the labor crunch, we’re seeing in restaurant brands across the board: An impact in top-line revenue because customers aren't being served. Clinton Anderson, CEO, Fourth Enterprises.
Restaurant365
JULY 29, 2021
However, many CFOs are still facing uncertainty, particularly from pandemic-related complications that are still challenging operations and restaurant profitability. The restaurant industry in 2021 looks significantly different from the pre-pandemic restaurant industry. Leverage new opportunities to grow the business.
EATER
MAY 16, 2024
Just recently, KNEAD Hospitality + Design , which operates more than a dozen restaurants in the DC area, introduced reimbursement of childcare costs — up to $1,800 per quarter — for salaried employees, which comprise 110 of their 920 staff members. Which, as an employee is one thing, but once you get into management, the stakes get higher.
EATER
JANUARY 28, 2022
per hour — the lowest legal cash wage in the U.S. Melton also says she witnessed discrimination on the job — not only from customers but also from the store’s management. Even though Melton benefited financially from this practice, she spoke out about the inequity to the management. Jillian Melton was paid just $2.13
Apicbase
FEBRUARY 29, 2024
million in 2021, to $974.9 million tons in 2020 and 12 million tons in 2021. Touchbistro , 2024) Another factor, perhaps less alarming, but constantly present regardless of macroeconomic challenges, is employee theft , which accounts for 4% of annual revenue loss in the restaurant industry. million in 2021, to $974.9
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