Remove 2023 Remove Insurance Remove Recruiting
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2025 Restaurant Outlook: A Recipe for Success with Risk Management

Modern Restaurant Management

By mid-2024, 82 percent of food and beverage operators were still actively recruiting, with chefs and cooks comprising 30 percent of open roles. Outsourcing high-risk services, such as delivery, can alleviate exposure to rising auto insurance costs, which are projected to climb in 2025.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Two

Modern Restaurant Management

While many companies still don’t offer health insurance, I have a number of clients offering health care through online medical services, such as. Department of Labor , the leisure and hospitality sector is set to add nearly 800,000 new jobs between 2023 and 2033—about 1 in 8 of all new jobs during this period.

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Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. As of the end of 2023, the industry is still 14,000 jobs behind that pre-pandemic level. One of the impacts will be on employment practices liability insurance in 2024. Here’s an overview.

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MRM Research Roundup: Holiday Spending, Franchise Optimism, and Pickle Energy

Modern Restaurant Management

Restaurant leaders expect waves in the year ahead, with 32 percent pinning recruitment and retention as their top challenge, 27 percent most concerned about rising food costs, and 21 percent flagging sales volume as the main hurdle. percent) coming in well above the national total for e-commerce sales compared to 2023. percent YOY.

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MRM Research Roundup: Labor Struggles, Holiday Habits, and Food Truck Trends

Modern Restaurant Management

Staff retention struggles However, recruitment issues aren’t the only factor contributing to staff shortages. A 2023 study by Toast found that 30 percent of staff in the restaurant industry are at risk of leaving in the next two years, highlighting an equally concerning high turnover rate within this sector. Washington D.C.’s

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MRM Franchise Feed: Kitchen of the Future, Restaurant Sherpas and Dunkin’ Hirin’

Modern Restaurant Management

To shine the spotlight on the immediate opportunities that exist for all Americans to find employment at franchised restaurants of an iconic brand that holds a unique place in people’s daily lives, Dunkin’ is launching its first-ever national advertising campaign aimed at recruitment.

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What Is a Human Resource Management System (HRMS)?

Sling

Last Updated: February 2023 This content is for informational purposes and is not intended as legal, tax, HR or any other professional advice. If you offer benefits — fringe or otherwise — you know how complicated things can get. Please contact an attorney or other professional for specific advice.