Remove Audits Remove Government Remove Hiring Remove Insurance
article thumbnail

Ultimate Restaurant Payroll Guide 2023

7 Shifts

Updating your payroll records in case of an audit. In conjunction with charge tips on checks, weekly payroll provides audit transparency regarding direct and indirectly tipped employees. Health insurance plan opt-in forms. Deductions for benefits like health insurance, 401(k), dental, vision, etc. Withhold 6.2%

2023 195
article thumbnail

7 Common Restaurant Payroll Mistakes

7 Shifts

Then, out of the blue, these labor audit folks showed up, and man, did they find a heap of issues. And the audit was a pain in the neck—he had to dig out all sorts of paperwork and answer a million questions, which ate into the time he should have been spending running his place.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Ultimate Restaurant Payroll Guide 2021

7 Shifts

Updating your payroll records in case of an audit. Health insurance plan opt-in forms. Federal Insurance Contributions Act (FICA) taxes : Employees and employers split paying into Social Security and Medicare. Deductions for benefits like health insurance, 401(k), dental, vision, etc. Forms for any other benefits plans.

2021 370
article thumbnail

Essentials of Payroll Accounting for Restaurant Groups, Part 2

Restaurant365

Your payroll solution can impact hiring, onboarding, employee payments, taxes, and overall business health. No matter what laws your restaurant group falls under, it is beneficial to prioritize recordkeeping and audit trails to demonstrate compliance with labor and pay regulations. Calculating earnings and deductions for your staff.

article thumbnail

The Employment Landscape is Messy: How Restaurants Can Ensure Compliance with Limited Resources

Modern Restaurant Management

If you’re fortunate enough not to have been on the receiving end of a civil or administrative complaint from an employee or a government employment agency, you may not realize just how deep the downside risk can be in employment disputes or just how high the stakes are for non-compliance.

article thumbnail

How to Streamline Human Resources and Payroll in the Restaurant Industry

Restaurant365

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires?

article thumbnail

Sample Blog Layout

Restaurant365

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires?

Blog 78