article thumbnail

Assessing Coronavirus Insurance Coverage Risks for Restaurants

Modern Restaurant Management

For that reason, restaurant and business owners typically carry business income coverage, also referred to as business interruption coverage, which is insurance coverage intended to replace lost income in the event business is halted or interrupted for some reason, such as a natural disaster.

Insurance 109
article thumbnail

Statutory Employee: Definition, Examples, And Management Tips

Sling

Statutory Employee Definition. Insurance Salesperson. A full-time life insurance sales agent is often classified as a statutory employee because their main business activity is selling annuity contracts, life insurance (or both), for one insurance company. Home Worker. A home worker (a.k.a.

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

Contingent Worker: Definition, Benefits, And Management

Sling

Health insurance, 401k contributions, and other fringe benefits such as profit sharing, childcare, student loan payoff assistance, and many more can have a significant impact on your bottom line. The post Contingent Worker: Definition, Benefits, And Management appeared first on Sling. 3) No Need For Benefits.

article thumbnail

The Keys to Restaurant Longevity with Lula Cafe’s Jason Hammel

7 Shifts

We had always had 401K and health insurance as benefits, but we did add parental leave. Whether it's a scheduling situation, or a communication identity situation. And a lot more time trying to process how to be a better communicator as an organization. But we made a stab at it and we're sticking with it. Absolutely.

article thumbnail

How Hyperion Public Stays Profitable and Labor Compliant with 7shifts

7 Shifts

At Hyperion, schedules were being crafted in Excel and all communication was done through email to the GM. Our labor costs have definitely gone down since using 7shifts. We definitely shaved at least two and a half percent from labor when we went from spreadsheet to 7shifts. Simplifying labor management with 7shifts 1.

article thumbnail

QUESO: Non-Cheesy Values at Condado Tacos

7 Shifts

Artinian: "Not to be overly cliche, but I think aligned values has always been sort of a standard definition of culture. View this post on Instagram A post shared by Condado Tacos (@condadotacos) QUESO: Quality, Unique, Empowered, Service and Opportunity is the way those values get codified and communicated.

Hiring 273
article thumbnail

How to hire the best staff for your restaurant

Open for Business

Along with kitchen and service staff, you’ll need workers for your restaurant to handle responsibilities like operations, management, administration, and communications. Establish core values with management Never assume your managers all have the same definition of what makes a good restaurant worker.

Hiring 167