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Personnel File & Employee Documents: Tips and Best Practices

Sling

But there’s more to the process than just filing employee documents away and forgetting about them. In this article, we discuss the personnel file and necessary employee documents in detail and then give you tips and best practices to help you create the best recordkeeping system for your business. Table of contents. Medical file.

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How Business Insurance Could Save Your Restaurant from COVID-19

Modern Restaurant Management

In addition, most restaurants should have business interruption insurance, and that insurance may provide some relief from economic pain. Business interruption insurance covers the loss of income that a business suffers after a disaster. Document Everything. Gather Your Complete Insurance Policy.

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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

It also requires money to open a restaurant and build it out, buy equipment and finance the operation until it reaches break-even. Industry Analysis : Document the size and trends in the restaurant industry to show readers you are an industry expert. This means the bank is partially "insured" in case somebody is unable to repay them.

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Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. Those restaurant organizations that closely monitor and manage such existing and emerging risks will be best positioned to ride out the turbulence. Here’s an overview. No surprises.

2024 114
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Just Launched: 7shifts Tip Payouts!

7 Shifts

We created Tip Payouts because we felt there should be an easier, faster way to pay out hard-earned tips. By automating tip calculations and instantly paying out tips to employees digitally, managers save precious time from eliminating cash runs and counting. Tip Payouts is less than half the cost of our previous vendor.

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Ultimate Restaurant Payroll Guide 2023

7 Shifts

Understanding the ins and outs of paying employees, observing labor laws, and complying with the tax code is critical to running a business. Employee income is better documented, allowing them to qualify more easily for loans. Health insurance plan opt-in forms. Tip pooling software can simplify tip out calculations.

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What Your Restaurant Needs in its Sexual Harassment Policy

Modern Restaurant Management

With Sexual Assault Awareness Month (SAAM) in April, it’s time to develop new policies and take a harder look at existing ones. Most importantly, it is in your best interest to consult with an attorney in your state to review and discuss your sexual harassment policy in detail before rolling out to employees. Look no further.