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Hiring Restaurant Employees: The CFO’s Role in Developing a Strategy

Restaurant365

Hiring restaurant employees and retaining them is no longer just an issue for the HR team. As the staffing shortage continues to negatively impact profitability, you as a CFO must play a critical role in your restaurant group’s hiring and retention strategy. Addressing the hiring crunch.

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How a Performance Improvement Plan Could Save You $80K

Bar and Restaurant Coach

So in the previous posts, we covered the communicating and follow-up part, now let’s get into accountability and how it relates to profitability. The HR department has many jobs: hiring the right people, making sure that employees are treated in accordance with the company’s ethics, code of conduct, and culture statements.

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Improve Employee Retention with Leadership Development

Crunchtime

With employee turnover rates at an all-time high and the labor market tighter than ever, restaurants are looking for ways to improve retention. From the moment a new employee is hired, you have an opportunity to teach them about leadership, giving rising stars opportunities to learn management skills before you need to promote them.

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How to Attract and Retain the Best Generation Z (iGen) Talent in the Hospitality Industry

Bar and Restaurant Coach

Today we’re talking specifically to Baby Boomers, Gen X, and Millennials who (for the most part) will be hiring, training, and managing this new generation. How Gen X Viewed Parenting—And How it Relates to Business. What You Need to Know When Hiring, Training, and Managing Gen Z Employees. Raised by Generation X.

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Reducing Labor Costs May Not Be As Hard As You Think!

Bar and Restaurant Coach

Before you can focus your attention on what matters most, it helps to sort the myriad of “things you do” into two distinct categories—let’s call them buckets : Bucket One: Think of all the things that are directly related to delivering exceptional guest experiences; these are our core competencies. Bartending. Management.

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How to Open a Restaurant or a Bar: 5 Steps

Next Restaurants

If you conclude a franchise agreement , then this network most likely has a coach who will bring you up to date and can help you through the entire process. The success of your restaurant depends on the experience and talents of the key employees : restaurant director, chef, barista, and bartender. Let’s Talk About Advertising.

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Restaurant Accounting Concepts Every Manager Should Know About

Lavu

Even if you hire outside accountancy assistance, it’s wise to have a strong understanding of the basic accounting practices for restaurants. Operating Expenses—The cost of everything else it takes to run your restaurant that isn’t COGS, labor, or occupancy related, such as marketing, tablecloth dry-cleaning, and dishware. Commissions.