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Avoiding the Four Biggest Traps of Restaurant Payroll

Modern Restaurant Management

percent, about 87,000 positions, above their February 2020 employment peak, according to the National Restaurant Association. The misclassification of employees When hiring new workers, one of the most important decisions for restaurant owners to make is determining whether this individual will be an employee or independent contractor.

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Restaurant Hiring: Navigating the Labor Shortage

7 Shifts

Early on in 2020, we were scrambling to figure out ways to get food to customers and how to give staff enough hours and keep them on the payroll. As we start to welcome back workers, doing things as they were before isn't going to work—especially in hiring. That all begins at the hiring level. Writing a good job description.

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Restaurant Staffing Crisis Solutions: Experts Weigh In

Modern Restaurant Management

According to the latest Yelp Economic Average (YEA) report, there were more new businesses openings than at any other period over the last 12 months and business reopenings are at the highest level since the second quarter of 2020. Two-thirds of new hires signing up for DailyPay. Now more people are back to work and everyone is hiring.

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Damage Control: How Recent Changes to the FLSA and NLRA May Affect Your Status as a Joint Employer

Modern Restaurant Management

In January 2020, the United States Department of Labor (USDL) announced a final ruling which updates the interpretation of “joint employer” status under the Fair Labor Standards Act (FLSA) effective March 16, 2020. How does 'joint employer' status come into play? a franchisor, affiliate, parent company, etc.).

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Save Big: Top Restaurant Tax Deductions & Credits

Harbor Touch

Work Opportunity Tax Credit: Hire Smart Hiring veterans, ex-felons, or folks from empowerment zones? The Work Opportunity Tax Credit (WOTC) gives you up to 40% of their first-year wages, max $2,400 per hire. Example: A diner I know hired two vets, claimed $4,800. Staff pay: salaries, insurance, bonuses.

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Everything Restaurants Have Ever Wanted to Know About the Paycheck Protection Program (PPP)

Modern Restaurant Management

Other than for payroll, these obligations must have existed prior to February 15, 2020. Borrowers will have until June 30, 2020 to restore employee headcount and/or wages to avoid the penalty on the forgivable nature of the loan. Will the loan be forgivable if the proceeds are used to pay franchise fees, property taxes, or insurance?

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How to Build (and Maintain) Epic Restaurant Culture

7 Shifts

On March 13, 2020, when coronavirus was declared a national emergency , &pizza immediately raised hourly wages by a dollar and guaranteed every job for 30 days. It reinforces those actions and gives everyone on your team—new hires or longtime employees—a look at what good looks like in your business. “If — Michael Lastoria ??

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