Remove 2016 Remove Employee Relations Remove Hiring
article thumbnail

Restaurants Under Attack from Cybercriminals: How to Protect Your Business

Modern Restaurant Management

One study found that in 2016, the food and beverage industry accounted for ten percent of all data breaches. First, they typically store significant customer and employee data, including names, addresses, and credit card information. With cyber liability insurance, the costs of hiring attorneys and other legal expenses can be covered.

Insurance 508
article thumbnail

15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Employee turnover rate. Labor cost includes all labor-related categories: Employees, both hourly wages and salaries. Employee Turnover Rate. What is employee turnover rate?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MRM Research Roundup: Mid-September 2021 Edition

Modern Restaurant Management

Hiring Crisis Facts. Alignable’s September Hiring Poll shows that the labor shortage many industries have experienced this summer is only getting worse, due to Delta variant surges and inflation. Among beauty shop owners, 59 percent struggled to hire help in July. In July, 47 percent couldn't hire enough employees.

2021 447
article thumbnail

The Ultimate Guide to Restaurant Costs

7 Shifts

Cost of goods sold is the raw material cost of your beverages and food, and labor cost includes actual labor, employee benefits, payroll taxes, healthcare, and bonuses. increase from 2016. Also, ensure all employees have access to your employee handbook to prevent any human error from costing you money. Fast casual: 28.9%

License 370
article thumbnail

Starbucks’ Howard Schultz Returns as CEO Amid Union Wave

EATER

In the intervening years, Schultz stayed involved with the company, noodled on a presidential run, and was even considered as a potential labor secretary pick if Hillary Clinton had won the 2016 election. Howard Schultz is back as CEO of Starbucks. |

article thumbnail

The Restaurant World Still Has a Child Care Problem

EATER

According to 2016 statistics provided by Restaurant Opportunities Centers United, of the 3.5 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.

article thumbnail

Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

Ervin Cohen & Jessup launched a Food, Beverage and Hospitality practice to more efficiently advise industry-related clients to recover from the devastating financial and logistical impacts of the coronavirus pandemic and beyond. Delightree app can also streamline employee onboarding. ” Onosys and ItsaCheckmate Partner.