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A Tight Labor Market: The New Normal

Modern Restaurant Management

The tightening labor market of 2024 presents a complex set of challenges for business owners, from a shrinking labor force to the increasing prevalence of counteroffers. The labor market landscape has shifted recently in ways that few could have predicted even a few years ago. percent in 2022 to 60.4 percent in 2022 to 60.4

Marketing 167
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2022 Reflections: The Year That Was for Restaurants

Modern Restaurant Management

The restaurant industry once again proved its resilience in 2022 as it dealt with ongoing obstacles like inflation, supply chain, labor shortages and more. Restaurant owners will end 2022 with a sigh of relief after another tough year. "Restaurant "Restaurant owners will end 2022 with a sigh of relief after another tough year.

2022 197
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Top Tips for Seasonal Hiring this Summer

Modern Restaurant Management

Hiring teams are facing a specific challenge this summer–quickly hiring the top seasonal talent before someone else does. Summer 2022 is certainly expected to look different than the last two years as travel and gatherings increase. Below are four tips to add to your seasonal hiring toolkit. ” Hire Faster.

Hiring 208
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Hire and Retain Better Restaurant Workers in 2023

Modern Restaurant Management

But in a difficult hiring environment, how do you build a great reputation without jeopardizing your bottom line? And in 2023, that’s the problem most hiring managers in the restaurant industry are facing. And knowing where to market may be what sets your hiring apart from your competition. What do they want?

Hiring 189
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NCR Reveals 2022 Hospitality Trends and Predictions

Modern Restaurant Management

Restaurant operators once again find themselves refocusing priorities and altering their plans for 2022. Here are some trends NCR is watching as move into 2022. Tackle the Labor Shortage with Hiring Incentives. According to Tech Jury , the data analytics market is expected to reach $103 billion by 2021. Further, 97.2%

2022 189
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Prepared to Win the War on Talent? Four Trends for Restaurant Operators to Consider in 2022

Modern Restaurant Management

Numerous shifts in both consumer behavior and the labor market have already left a lasting impact on restaurateurs. The GDP recovered to its pre-COVID level this past July, but with this growth arrived a more unsettled labor market, intensified competition for talent, spiked inflation and exacerbated ongoing supply chain pressures.

2022 197
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Industry Report: Restaurants face staffing challenges, old and new in 2023

7 Shifts

Table of Contents Biggest overall team management challenges Top priorities for restaurant operators Wage Increases Leadership and Training Programs Hiring and retention remain the biggest challenge for restaurants when it comes to team management overall. On the whole, hiring and retention are restaurant operators' top priorities.

2023 397