Remove 2024 Remove BOH Remove Employee Relations
article thumbnail

Navigating Colorado's Tip Laws: A Guide for Employers

7 Shifts

per hour, but this number will change again on January 1, 2024. per hour—as long as the employee’s base wage and tips combine to equal at least the full minimum wage. In short, anyone who customarily and regularly receives more than $30 per month in tips is a tipped employee. Tips belong to the employees they’re left for.

article thumbnail

Breaking Down New York State Tips Laws for Restaurant Owners

7 Shifts

Tips belong to the employee, not the employer, and employers can’t take any part of employee tips, with one exception: employers can take a percentage of tips for a valid tip pool. This is the case in New York, where service charges are presumed to belong to employees , including mandatory service charges.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Breaking Down New York State Tips Laws for Restaurant Owners

7 Shifts

Table of Contents The basics of tip laws in New York What is minimum wage for tipped employees in New York? Tips belong to the employee, not the employer, and employers can’t take any part of employee tips, with one exception: employers can take a percentage of tips for a valid tip pool.

article thumbnail

Navigating Colorado's Tip Laws: A Guide for Employers

7 Shifts

per hour, but this number will change again on January 1, 2024. per hour—as long as the employee’s base wage and tips combine to equal at least the full minimum wage. In short, anyone who customarily and regularly receives more than $30 per month in tips is a tipped employee. Tips belong to the employees they’re left for.

article thumbnail

93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in. billion by 2030.

2024 52
article thumbnail

August Restaurant Performance: Could It Be the Turning Point? 

Black Box Intelligence

Out of the Box: Monthly Restaurant Industry Update August 2024: Is This a Turning Point? Since COVID, restaurants have had a difficult time maintaining adequate employee levels. Only 5% of brands said they had enough employees. Therefore, it was no surprise it saw record numbers of employees quitting their jobs.

article thumbnail

MRM Research Roundup: Diner Resiliency, Automation Technology, and Egg Prices

Modern Restaurant Management

Turnover Costs : The expense of replacing staff can be as much as $1,056 per FOH position and $1,491 per BOH position. Whether it's an independent operator hiring a few dozen people per year, or a large national brand hiring several thousand, employee recruitment and retention is a hands-on and time-consuming process.

Pricing 251