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Breaking Down New York State Tips Laws for Restaurant Owners

7 Shifts

New York also allows employers to claim a tip credit , reducing the cash wage requirement by one-third of the minimum wage. The minimum wage in New York changed to $15 per hour for all locations on January 1, 2024. New York City, Long Island, and Westchester had already reached that level and were scheduled to increase to $16 in 2024.

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Breaking Down New York State Tips Laws for Restaurant Owners

7 Shifts

New York also allows employers to claim a tip credit , reducing the cash wage requirement by one-third of the minimum wage. The minimum wage in New York changed to $15 per hour for all locations on January 1, 2024. New York City, Long Island, and Westchester had already reached that level and were scheduled to increase to $16 in 2024.

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in. billion by 2030.

2024 52
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The 20/20 on 2020: Restaurant Experts Weigh In

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.

2020 138
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Florida Tip Laws: Everything Employers Should Know

7 Shifts

Restaurant owners and managers must keep up with a steadily rising minimum wage (including tipped minimum wage), overtime laws, and other state-specific labor laws. One small restaurant group paid over $250,000 in back wages , and a single sushi restaurant in Fort Myers faced a $262,000 bill for forcing wait staff to share tips with managers.

article thumbnail

Florida Tip Laws: Everything Employers Should Know

7 Shifts

Restaurant owners and managers must keep up with a steadily rising minimum wage (including tipped minimum wage), overtime laws, and other state-specific labor laws. One small restaurant group paid over $250,000 in back wages , and a single sushi restaurant in Fort Myers faced a $262,000 bill for forcing wait staff to share tips with managers.