Remove 2021 Remove Blog Remove Employee Relations Remove Hiring
article thumbnail

What Is the SUTA Tax and Why Is It Going Up in 2021?

Hot Schedules

What Is the SUTA Tax & Why Is It Going Up in 2021? I t’s probably fair to say that most entrepreneurs didn’t give much thought to the complexities around payroll management and taxes before starting a business and hiring employees. Businesses with high employee turnover will typically be assigned a higher SUTA tax rate.

2021 148
article thumbnail

Hiring Restaurant Employees: The CFO’s Role in Developing a Strategy

Restaurant365

Hiring restaurant employees and retaining them is no longer just an issue for the HR team. As the staffing shortage continues to negatively impact profitability, you as a CFO must play a critical role in your restaurant group’s hiring and retention strategy. Addressing the hiring crunch.

Hiring 78
Insiders

Sign Up for our Newsletter

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

article thumbnail

Guest Blog: Tax Strategies as You Reopen Your Restaurant

Restaurant365

Tax considerations: Work Opportunity Tax Credit (WOTC) — As you reopen and rebuild your workforce, this credit is available for organizations that hire individuals from various eligible. The application must be submitted within 28 days of the employee start date, and credits range from $2,400 to $9,600 per qualified new hire.

Blog 78
article thumbnail

11 Restaurant Management Best Practices to Maximize Your Performance in 2021

Restaurant365

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Here are 11 tips to set yourself up for success in 2021. Your cash flow may have been tight in 2020, so 2021 is the time to focus on your cash flow recovery and next steps.

2021 136
article thumbnail

5 Tips for Overcoming Restaurant Hiring Challenges

Restaurant365

Employee retention and recruitment have long been a challenge in the restaurant industry. ” From then until March 2021, QSR says , the restaurant industry has added back roughly 4.2 As of March 2021, the restaurant industry was employing around 10.5 Hiring challenges. Tracking applicants during the hiring process.

Hiring 78
article thumbnail

How to Set Up Online Ordering for Restaurants

7 Shifts

Keep temperatures together —this may mean many bags or even packaging burgers separate from toppings For even more tips and tricks for takeout packaging, check out the MrTakeoutBags blog. The first is hiring your own drivers. Should I hire my own drivers? 7shifts' data has seen a 243% growth in delivery-related roles (i.e.

article thumbnail

Back (Office) to the Future: The 4 Trends IT Leaders Need to Know

Hot Schedules

From time and attendance advancements tracking the employee from clock-in to punch-out to POS analytics feeding corporate monthly location performance trends, there’s no doubt innovation will give restaurant groups insights and efficiency undreamed of just a decade ago – but how do IT teams go about orchestrating a great reinvention?