Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Tracking labor and payroll data for restaurant employees. The payroll for your hourly employees represents one of the most controllable expenses on your profit & loss (P&L) statement.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Hot Schedules

MARCH 29, 2021

Related Posts. Read More Health Insurance Requirements for Small and Medium Businesses Health insurance is one of the most important benefits an employer can offer, regardless of size. Get a demo, learn more, or just ask some questions. Learn more about our New HotSchedules Health Survey feature. We’re here to help!

Technology 148

Technology Insurance Healthcare Recruiting 148

Hot Schedules

NOVEMBER 10, 2020

Employee Contact Data – Make sure you have clean data going into the end of the year. Also, make sure that you have removed any terminated employees and ensure that they don’t have any outstanding balances for garnishments, vacation, or sick time. Did you have 50 or more full-time employees on your payroll in the previous year?

Insurance 78

Insurance Employee Relations Restaurant Law 2021 78

Hot Schedules

MARCH 11, 2021

The Employee Benefits Outlook Post COVID-19. How the pandemic has affected employee benefit trends and expectations in the hospitality industry. Support Employees Getting COVID-19 Vaccinations. Therefore, think about what steps you’ll take to convince and help employees get their vaccinations when they’re eligible.

Employee Relations 78

Employee Relations Insurance Recruiting Hospitality 78

Restaurant365

APRIL 20, 2022

These are taken by media (84%), insurance (83%), IT services (81%), telecom (78%), banking (75%), and retail (63%). You should take the time to make sure that employees are properly trained, and that you clarify your expectations on customer engagement, cleanliness, and ticket times. Schedule a free demo of Restaurant365 today.

Loyalty Program 78

Loyalty Program Customer Service Employee Relations Customer Experience 78

Restaurant365

JUNE 4, 2020

We have outlined answers to some frequently asked questions as it relates to the guidance currently in place: When does the 8 week forgiveness period begin? Hourly wages paid to tipped employees during the elected covered period are eligible to be included in wages for the purpose of payroll costs in loan forgiveness.

Blog 142

Blog Employee Relations Restaurant Law Document 142

Restaurant365

JULY 24, 2020

Third-party apps can take 30% of your delivery earnings and in-house delivery has its own costs, such as salaries, vehicle maintenance, gasoline and insurance. Choosing between in-house delivery, third-party delivery apps or a combination requires an understanding of related costs. Another con is the cost of delivery.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

OCTOBER 22, 2021

Typically, your total labor cost accounts for “fully burdened labor”, which includes your hourly and salaried wages, payroll taxes, benefits like health insurance or vacation days, bonuses, overtime, and more. Schedule a free demo of Restaurant365 today. For example: Total Sales ($30,000) – CoGS ($10,000) = Gross Profit ($20,000).

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

Restaurant365

SEPTEMBER 23, 2021

The costs of running a restaurant can be broken into four basic categories: Labor cost: all expenses related to labor, including hourly wages, salaries, payroll taxes, and any employee benefits. Occupancy expenses: the fixed costs of your restaurant’s location, such as rent, property insurance, and property taxes.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

JUNE 17, 2020

Your payroll is the process of calculating and distributing wages to your employees. The restaurant industry faces a lot of industry-specific regulations on payroll, with laws regulating hourly employee scheduling and tipped wage workers, as well as compliance with the Affordable Care Act regarding seasonal and variable hour employees.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Restaurant365

AUGUST 25, 2020

Common fixed costs include: Rent, insurance, and property tax. Turnover, new employees, furloughs and layoffs can combine to complicate payroll. Consequently, you’ll need to use forecasting to help predict the number of employees your restaurant will need each day based on your recent sales and labor data. Utility bills.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Restaurant365

OCTOBER 14, 2020

Operating expenses also include fixed costs like your rent, utilities, or insurance. Finally, when looking at your labor cost budgeting, make sure to look at not only the wages or salary of your labor, but also payroll taxes and any employee benefits that make up your “fully burdened” labor cost. Calculate Net Income.

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

Restaurant365

AUGUST 19, 2021

Labor costs (employee wages, payroll taxes, employee benefits, etc.). Occupancy expenses (fixed costs such as rent, property taxes, and property insurance). How your restaurant inventory relates to net profit. Schedule a free demo of Restaurant365 today. There is no doubt that your inventory impacts profitability.

Inventory 147

Inventory Management Management Employee Relations 147

Hot Schedules

FEBRUARY 8, 2021

E ffective human resources administration is table-stakes for keeping your employees happy and engaged. After all, your employees are the heart of your business, and in order to create great customer experiences, you have to ensure that you’re also creating a great employee experience. b3lineicon|b3icon-user-connection|?|User

Employee Relations 78

Employee Relations Small Business Customer Service Hiring 78

Modern Restaurant Management

AUGUST 5, 2020

Ervin Cohen & Jessup launched a Food, Beverage and Hospitality practice to more efficiently advise industry-related clients to recover from the devastating financial and logistical impacts of the coronavirus pandemic and beyond. Selvin (insurance and business interruption) and Elliot N. Lef f (litigation and employment), Kelly O.

Food Safety 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Hot Schedules

JANUARY 27, 2021

Employee benefits services. Employee benefits services. This co-employment model establishes your workers as employees of both your business and the PEO, allowing you to distribute employer responsibilities between you and the PEO. Employee Satisfaction. HR administration. Tax administration. HR administration.

Small Business 145

Small Business Employee Relations Retail Insurance 145

Restaurant365

MAY 14, 2021

Your restaurant’s chart of accounts lists all the important financial information related to the business. This includes hourly wages, salaried wages, payroll taxes, and any employee benefits you offer. Occupancy expenses are the fixed costs of your physical location, such as rent, property taxes, and property insurance.

Management 78

Management Management Point of Sale Inventory 78

EATER

JULY 22, 2021

And that was before the fall and winter surges, which resulted in an exponential rise in virus-related hospitalizations and deaths , followed by new rounds of closures and restrictions. And the increase in menu prices has allowed Boden to raise the hourly wage for his tipped employees to $6 (in Virginia, the tipped minimum wage remains $2.13

Fine Dining 116

Fine Dining Back of House Dine-in Front of House 116