Restaurant365

JANUARY 5, 2021

Regulations and details have not yet been released by the SBA, which is required to issue implementing regulations by January 6, 2021. Additionally, businesses applying for a PPP loan can also apply for Employee Retention Tax Credits (ERTC), if the credits are not applicable to wages paid with forgiven PPP loan funds.

Insurance 148

Insurance Small Business Employee Relations 2021 148

Hot Schedules

DECEMBER 7, 2021

T he month of September 2021 saw 4.4 Reducing Employee Turnover. Yet, the costs of doing nothing to address employee turnover are catastrophic. Between lost productivity, rehiring costs, onboarding, and training requirements, employee turnover quickly eats into margins. Making Employees Advocates. million U.S.

Retail 78

Retail Employee Relations Hotels 2022 78

Restaurant365

JULY 29, 2021

However, many CFOs are still facing uncertainty, particularly from pandemic-related complications that are still challenging operations and restaurant profitability. The restaurant industry in 2021 looks significantly different from the pre-pandemic restaurant industry. Leverage new opportunities to grow the business.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Hot Schedules

DECEMBER 13, 2020

The city of Seattle has increased employee payouts over wage and scheduling disputes from $26,000 in 2014 to almost $4 million in 2020. We can expect even more minimum wage changes in 2021. Managers receive an alert when an employee’s wage is below the minimum and automatically increases their rate when a tip shortfall is recognized.

2020 78

2020 Employee Relations 2021 Hotels 78

Hot Schedules

MARCH 31, 2020

The Small Business Administration (SBA) may provide loans of up to $10 million per business; any portion of that spent to pay employees, keep workers on payroll, or pay for rent, mortgages, or existing debt could be forgiven, provided workers remain employed through the end of June. COVID-19 Legislative Actions: What to Know Now.

Website Management 120

Website Management Employee Relations Insurance Small Business 120

The Restaurant Group

SEPTEMBER 16, 2020

million employees (as of 2019), both of which have been especially hard hit by the necessary restrictions. The COVID-19 restaurant trends seen now will likely continue well into 2021 and perhaps even 2022. Now more than ever, health insurance is essential to employees’ wellbeing. Creating New Offerings.

Online Ordering 148

Online Ordering Delivery Point of Sale Customer Service 148

Restaurant365

APRIL 26, 2022

Hiring restaurant employees and retaining them is no longer just an issue for the HR team. As CFO, you can play a key role in the corporate direction for hiring restaurant employees, retention and staffing investments. Why hiring restaurant employees is now a CFO concern. The high cost of employee turnover.

Hiring 78

Hiring Employee Relations Front of House Back of House 78

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming the rising cost of food. For example, these common restaurant ingredients rose significantly in mid-December 2021 over the same period in 2020: Refined sugar – 31%. As the rising food cost trend continues, it’s time to tighten your inventory control. from a year ago.

Inventory 15

Inventory Management Management Food 15

Restaurant365

JANUARY 26, 2021

For simplicity, PPP1 refers to the first round of PPP loans under the CARES Act in 2020 and PPP2 refers to the newest round of PPP loans under the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act) as part of the Consolidated Appropriations Act, 2021. To learn more, contact Restaurant365.).

Operations 78

Operations Employee Relations 2020 2021 78

Hot Schedules

FEBRUARY 3, 2021

Menu Engineering Helps Hospitality Teams to Manage Costs in 2021. As the industry looks forward to the return to travel and dining in the second half of 2021, cost controls in every part of the business will be critical to its health. Related Posts. What Is the SUTA Tax and Why Is It Going Up in 2021? read more.

Menu 88

Menu Seasonal Menu Food Supply Point of Sale 88

Restaurant365

MAY 25, 2022

It also alleviates the anxieties that come with housing a large amount of money on the premises, such as robbery, employee theft, and human error. In fact, nearly two-thirds of marketers agree that social listening has increased in value during 2021. Social media can turn a single customer complaint into a viral nightmare.

Technology 78

Technology Mobile Ordering Social Media Online Ordering 78

Restaurant365

MAY 3, 2022

According to the National Restaurant Association, hourly wages for restaurant employees grew by 12.1% between February 2021 and February 2022. Driven by the hiring crisis, many restaurant groups are trying to woo employees with higher wages and benefits for hourly employees – both mostly unheard of prior to the pandemic.

FOH 78

FOH BOH Employee Relations Tip Distribution 78