Modern Restaurant Management

JUNE 14, 2022

We warned that medical trend (the rate of increase in medical plans) would be increasing in 2022 and in 2023. While the existing studies indicate similar trend rates for 2022 and 2023, as mentioned above, there is growing evidence that the general inflation rate will drive even higher than forecasted medical costs.

Insurance 171

Insurance 2022 2023 Article 171

Modern Restaurant Management

DECEMBER 21, 2023

Research from 2022 found that 60 percent of employees wanted access to wages daily. – Justin Price, Vice President, Business Development, ScanSource POS & Payments Today's insurance market is the toughest in my career. Why such a “hard” insurance market? That may not be true.

2023 120

2023 2024 Insurance Employee Relations 120

Modern Restaurant Management

MAY 18, 2022

percent in 2022, down from 7.0%. In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent In 2021, the difference was 0 percent and for 2022, it is forecast to be only 3.4 Consider these factors: According to PwC, medical trend is forecast to be 6.6 percent rate of increase.

Insurance 209

Insurance 2022 2023 Technology 209

Modern Restaurant Management

NOVEMBER 16, 2022

Restaurants are still suffering from a labor shortage – according to the National Restaurant Association , as of September 2022 “eating and drinking places [were] still 560,000 jobs (or 4.5%) below their pre-pandemic staffing levels – tops among all U.S. industries.”

Retail 221

Retail Hiring Recruiting Insurance 221

Modern Restaurant Management

APRIL 13, 2022

Additionally, many restaurants are expanding to include traditional benefits such as health insurance and retirement savings plans. Now that the industry has come to understand the new struggles the pandemic has caused, many are using 2022 to transition into adopting new technology that will future-proof their business.

POS 206

POS Food Supply Mobile Ordering Point of Sale 206

Modern Restaurant Management

NOVEMBER 24, 2021

To help operators move forward, let’s take a look at some of the challenges the industry has experienced in 2021 and how they can come out on top in 2022 and beyond. These include sign-on bonuses, higher wages and the offering of health insurance. Labor Shortages. Food Shortage.

2021 186

2021 Food Supply Food Truck Supplies 186

The Restaurant Times

AUGUST 5, 2022

But how can you retain employees, and if you can’t retain them, how do you hire new ones in 2022? Additionally, many fast-food employees quit their jobs because they lack perks like paid sick time or health insurance. The post How To Hire And Retain Restaurant Staff In 2022 appeared first on The Restaurant Times.

Hiring 52

Hiring 2022 Recruiting Employee Relations 52

Perfect Daily Grind

NOVEMBER 13, 2022

From early 2021 through until mid-2022, coffee prices increased steadily – with arabica futures reaching a ten-year high of US 258.95 cents/lb in February 2022. One industry expert tells me that Colombia in particular experienced this in mid-2022. This is known as strategic defaulting.

Pricing 155

Pricing Operations 2022 Insurance 155

Modern Restaurant Management

JANUARY 28, 2024

The annual Data Privacy Day on January 28 and Data Privacy Week on January 21-27 this year (with 2022 marking the first occurrence) is a national effort by the National Cybersecurity Alliance to empower individuals and businesses to respect privacy, safeguard data and enable trust. Notify your insurance agent or carrier.

Loyalty Program 98

Loyalty Program Small Business Insurance 2024 98

Open for Business

MARCH 1, 2023

There were an average of 500,000 more job openings than new hires in the hospitality sector per month between October 2021 and March 2022. Still, restaurant operators continued to fill open positions in 2022, finishing the year with 24 months of job growth in a row. The gap between supply and demand continued.

2023 78

2023 Insurance Front of House Hiring 78

7 Shifts

DECEMBER 13, 2021

What Will Make Restaurant Employees Happier in 2022? As evidenced by our 2019 employee survey , a lot of what employees want in 2022 has been brewing for a while. What Will Make Restaurant Employees Happier in 2022? We are looking for] Paid time off, health insurance, and living wages.”. Employees Are Leaving. Appendices.

Employee Relations 370

Employee Relations Communication Hospitality 2022 370

Touch Bistro

AUGUST 11, 2021

Planned increase on January 1, 2022. Planned increase on January 1, 2022. hour for businesses with 26 or more employees on January 1, 2022. Planned increase on January 1, 2022. hour on July 1, 2022 and $15.00/hour Planned increase on January 1, 2022. Planned increase on January 1, 2022. Alaska: $10.34/hour.

2021 98

2021 Restaurant Law 2022 Seasonal Menu 98

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. Pet insurance. Offer tailored, valuable benefits.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Society Insurance

AUGUST 11, 2023

How Remote Work Can Help Organizations Become More Diverse Preferences for Hybrid and Remote Work A 2022 report by software firm Slack reported that 81% of Black, Asian and Asian American, and Hispanic workers prefer hybrid or remote work. To learn more about how Society can help your business, contact your local independent insurance agent.

Recruiting 52

Recruiting Insurance Hiring Transportation 52

7 Shifts

APRIL 6, 2020

Social security payroll tax payments deferral Restaurant owners can defer the payment of their share of the SOcial Security Payroll taxes until the end of 2022. Federal Pandemic Unemployment Compensation Individuals who are receiving unemployment insurance benefits can obtain additional funds for up to four months.

Small Business 341

Small Business 2020 Insurance Article 341

Modern Restaurant Management

JULY 14, 2023

Restaurant insurance is complicated. Just as owners have to play many roles in management, marketing, and menus, their insurance has to protect their finances, patrons, and employees. And who has the time to read a 100-page insurance policy? These are often excluded from standard policies and be potentially costly.

Insurance 88

Insurance Food Safety Employee Relations Small Business 88

7 Shifts

NOVEMBER 18, 2022

FICA, or the Federal Insurance Contributions Act , refers to the Social Security and Medicare taxes deducted from each paycheck. As of 2022, 43 states plus the District of Columbia and Puerto Rico allow tip credits. FICA Tip Tax Credit for Employers. What is the FICA tip credit? This also includes service charges or automatic gratuity.

Cash Management 195

Cash Management Restaurant Law Back of House Customer Service 195

EATER

DECEMBER 14, 2022

From major chains like Starbucks to mom-and-pop spots, 2022 was a big year for worker-led labor action In 2022, after two years of working on the frontlines of the COVID-19 pandemic, workers across the country made clear that they’d had enough, and walked off the job. Marylu Herrera /Eater.

2022 93

2022 Restaurant Law Insurance 2024 93

Hot Schedules

MARCH 31, 2020

Businesses may defer payment of employer payroll taxes imposed between the enactment of this law and December 31, 2020 , with half of the deferred taxes due by December 31, 2021 and the rest due by December 31, 2022. Impact on Unemployment Insurance. Click here for details and analysis prepared by Steptoe & Johnson.

Website Management 120

Website Management Employee Relations Insurance Small Business 120

Open for Business

MARCH 1, 2023

The average hourly rate for US restaurant workers increased by 20% between 2020 and 2022 , rising from $16.65 In Nevada, starting in July 2023, the minimum wage will depend on whether or not an employee receives or is offered qualifying health insurance. Rising wages reflect this pressure.

2023 78

2023 Restaurant Law Front of House Cash Management 78

Modern Restaurant Management

JANUARY 28, 2020

restaurant delivery revenues are expected to reach nearly $80 Billion by 2022 and digital ordering and delivery has grown 300 percent faster than dine-in traffic since 2014. If you’re wondering whether delivery is good for your concept, the short answer is yes. Projected U.S. Need more proof?

Delivery 201

Delivery Consumer Goods Online Ordering Customer Service 201

The Restaurant Group

SEPTEMBER 16, 2020

The COVID-19 restaurant trends seen now will likely continue well into 2021 and perhaps even 2022. Whatever the reason, likely a combination of these, it is unlikely that this shift will reverse before 2022. Now more than ever, health insurance is essential to employees’ wellbeing. Restaurant Industry Trends.

Online Ordering 148

Online Ordering Delivery Point of Sale Customer Service 148

EATER

AUGUST 24, 2022

In a letter workers were given about an hour after they clocked in that day , Amy’s Kitchen announced that employees would be “relieved of their duties” effective July 19, the following day, and that the plant would close on September 16, 2022. Once a worker receives 15 points, they are fired,” reports NBC.

Kitchen Safety 145

Kitchen Safety Employee Relations Food Safety 2022 145

Modern Restaurant Management

APRIL 6, 2023

billion in 2022 to over $16.9 The start of spring this month also signals the start of flood season – the natural disasters that account for 90 percent of all natural disaster damage, according to the American Red Cross. Additionally, annual costs to repair or replace damaged buildings could grow by roughly 25 percent from $13.5

2022 186

2022 Hiring Design Bar 186

EATER

JULY 7, 2023

A November 2022 receipt from Jon & Vinny’s, reviewed by Eater, is printed with a lengthy disclaimer that the 18 percent service fee it charges is not a tip, and “enables the restaurant to provide equitable wages to all of our employees.”

Front of House 88

Front of House Back of House Customer Service Restaurant Law 88

EATER

AUGUST 16, 2023

At the end of 2022, I shut down Proteau, the nonalcoholic drinks company I started. My COO stayed on, unpaid but on the company’s health insurance plan for another year, while we had to let the brand ambassador go in the middle of the summer of 2020. I never secured additional funding. It’s easy to characterize this as a failure.

Point of Sale 86

Point of Sale Front of House Back of House Online Ordering 86

Apicbase

AUGUST 17, 2022

Between 2022 and 2029, the market will grow more than twice its size (reaching heights of 320 billion ). Get Cybersecurity Insurance. As a restaurant, you’ve probably already spent lots of money on insurance. Insurance can help you to reconstruct lost information, as well as cover any legal fees.

Email Marketing 52

Email Marketing Insurance Small Business Customer Service 52

Restaurant365

MARCH 26, 2020

Restaurant operators can use the funds for payroll, rent or mortgage payments, utility charges, and insurance premiums. Social Security payroll tax will be due on December 31, 2021, and the remaining half will be due on December 31, 2022. times their monthly payroll, based on prior year numbers or $10 million, whichever is less.

Small Business 147

Small Business Download Document Online Ordering 147

Modern Restaurant Management

MARCH 31, 2022

Insurance Coverage for COVID Claims Largely Rejected by Appellate Courts : Throughout the country, appellate courts are reviewing insurance coverage lawsuits brought by restaurants who were forced to close due to COVID-19 pandemic shutdown orders. Oregon Mutual Insurance Co., Litigation.

2022 186

2022 Restaurant Law Tip Distribution Insurance 186

EATER

JUNE 22, 2023

Earning praise from critics and restaurant industry lifers alike, the show offered a fresh portrayal of the business, one that was both loving and unflinching.

Fine Dining 98

Fine Dining Seasonal Menu Cash Management Dine-in 98

EATER

APRIL 7, 2022

Jobb noted Amy’s “explosive, unprecedented growth; we’re talking hundreds of millions in terms of growth,” and that the company is poised to continue growing in 2022. Now some workers for a family of four have to pay close to $800 a month for very horrible medical insurance that’s very restricted,” he said.

Kitchen Safety 124

Kitchen Safety Food Safety Certification Consumer Goods 124

Restaurant365

MARCH 26, 2020

Restaurant operators can use the funds for payroll, rent or mortgage payments, utility charges, and insurance premiums. Social Security payroll tax will be due on December 31, 2021, and the remaining half will be due on December 31, 2022. times their monthly payroll, based on prior year numbers or $10 million, whichever is less.

Small Business 78

Small Business Download Document Online Ordering 78

Modern Restaurant Management

SEPTEMBER 23, 2021

Transparent and self-guided sales processes have already begun to dominate a multitude of industries, including everything from buying houses on platforms like Zillow and cars on Carvana to shopping for insurance and more. ” Perhaps anything less than what St.

Franchise 184

Franchise Franchising Front of House Food Truck 184

The Restaurant Times

JANUARY 11, 2023

According to National Restaurant Association statistics, the US boasts of around one million restaurant locations with nearly 15 million working employees, all set to generate sales worth $898 billion in 2022. . You will also need insurance and must maintain certain standards to pass regular health inspections.

License 52

License Restaurant Law Point of Sale Employee Relations 52

EATER

MAY 4, 2021

We also provide health insurance — medical, vision, and dental. And there’s still a lot of income inequality, so I want to make sure for 2021 and 2022 we really take a stand and we’re not complacent. Brittney Valles: People often overlook us, but we do try to be top of the market and pay.

Cash Management 74

Cash Management 2013 Insurance Food Order 74

Hospitality Insurance Group

JUNE 6, 2023

A 2022 update to the FDA Food Code could open the door to additional governments allowing dogs in outdoor areas. Legal beagles The question of whether dogs are legally permissible in an outdoor dining area comes down to state and local laws and regulations.

Food Safety 104

Food Safety Restaurant Law Outdoor Government 104

Restaurant365

MARCH 26, 2020

Restaurant operators can use the funds for payroll, rent or mortgage payments, utility charges, and insurance premiums. Social Security payroll tax will be due on December 31, 2021, and the remaining half will be due on December 31, 2022. times their monthly payroll, based on prior year numbers or $10 million, whichever is less.

Small Business 60

Small Business Download Document Online Ordering 60