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Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. Quick service, fast casual and bars and taverns have exceeded where they were in February 2020. One of the impacts will be on employment practices liability insurance in 2024. Here’s an overview.

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Leveraging POS Systems to Future-Proof Your Restaurant and Maximize Profits

Modern Restaurant Management

To set your business apart when it comes to recruiting and retaining staff, look to payroll and benefits technology. Additionally, many restaurants are expanding to include traditional benefits such as health insurance and retirement savings plans. For reference, the top four U.S. food delivery companies brought in roughly $5.5

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National Restaurant Association: We Need Help!

Modern Restaurant Management

” The Association proposed three separate categories of protection for industry restaurants and employees: directed/targeted financial relief; loans/insurance options for impacted small businesses; and tax measures. Loans/Insurance Options for Impacted Small Businesses. Federal Loan Program Equal to Lost Revenue.

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Accounts Payable Jobs: What They Are and 10 Great Opportunities for 2020

Lavu

Health Insurance. Life insurance. Accounts Payable Specialist 1, Crawford Thomas Recruiting (Federal Way, WA) (Replace with link to current job). The post Accounts Payable Jobs: What They Are and 10 Great Opportunities for 2020 appeared first on iPad Point of Sale System for Restaurants, Bars & More. Dental Coverage.

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The Employee Benefits Outlook Post COVID-19

Hot Schedules

Due to spikes in cases over the 2020 holiday season, many states across the U.S. From November 2020 to January 2021, the restaurant industry lost nearly 450,000 jobs, representing about 10 percent of the total jobs recovered during the first six months after the initial spring shutdowns, according to the National Restaurant Association.

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Employee Turnover is at an All-Time High: 5 Emerging Benefits Trends You Need to Know

Hot Schedules

health insurance and 401k plans), some creative thinking can create a work environment employees want to remain at without driving up expenses. Whether discounts on travel, events, retail shopping, or wellness shopping, giving employees greater access to products and services is an effective recruiting pitch. b3lineicon|b3icon-boy|?|Boy.

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How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

Statista’s latest data indicates that: Revenue in the online food delivery segment is projected to reach $26,527m in 2020. Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024. Another con is the cost of delivery. How to set up and run your ghost kitchen.