2021 Audits Insurance 
Modern Restaurant Management
OCTOBER 11, 2024
Benefits and Protections Full-time employees are often entitled to benefits such as health insurance, paid leave and retirement plans, whereas part-time and temporary employees may not be. Relationship of the parties − are there written contracts or employee-type benefits, such as a pension plan, insurance or vacation pay?
Harbor Touch
MARCH 18, 2025
Ive seen audits flag too-generous pay compared to industry norms. Staff pay: salaries, insurance, bonuses. Insurance: property, liability. ERC for Staff: Kept employees during 2020-2021? Ask your accountant if Section 179 fits leases, too. Overdo it, and the IRS might squint. Keep it reasonable. Rent: your spaces lease.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
7 Shifts
DECEMBER 4, 2020
Updating your payroll records in case of an audit. Health insurance plan opt-in forms. Ultimate Restaurant Payroll Guide 2021 for retirement savings plans, such as a 401(k). Federal Insurance Contributions Act (FICA) taxes : Employees and employers split paying into Social Security and Medicare. Withhold 6.2%
7 Shifts
JUNE 3, 2022
Whether they're in school, have kids, or need time for auditions, restaurant workers can live the lifestyle they want outside the traditional 9-to-5. When we think about employee benefits, health insurance and retirement (401k) are top of mind. Learn more about tip pooling and how 7shifts can help. Schedules aren't flexible.
7 Shifts
SEPTEMBER 19, 2022
For restaurant employees added in the past year (August 2021-August 2022), the average employee tenure is just 110 days —a little over three months. This data study analyzes trends and data from August 2021 to August 2022, over 635,000 restaurant employees in the United States. The Play: Do a culture audit and examine your core values.
Modern Restaurant Management
AUGUST 10, 2020
The Center on Budget and Policy Priorities estimates that state budget shortfalls will reach almost 10 percent in the current fiscal year and about 25 percent in fiscal year 2021. Given the budget deficits faced by federal and state governments, taxing authorities are likely to begin encountering increased pressure to collect more revenue.
Modern Restaurant Management
MARCH 11, 2020
by the end of fiscal 2021. GFCO is the only gluten-free certification that holds companies and products accountable through audits, random product testing and process surveillance. And because they’re online orders, we’re already cutting costs on labour, rent, insurance etc. reducing to approximately 3.0x
Expert insights. Personalized for you.
Let's personalize your content