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Just Launched: 7shifts Tip Payouts!

7 Shifts

For many in the hospitality industry, tipping is an integral part of their restaurant's culture. I'm excited to introduce Tip Payouts , an easy-to-use tip payment solution that empowers restaurant managers to send tips directly to employees' bank accounts in seconds. It's a win/win.

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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.

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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. For restaurants, payroll includes hour wages as well as tips, which must be taken into account. Employee income is better documented, allowing them to qualify more easily for loans.

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Ultimate Restaurant Payroll Guide 2021

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. Doing payroll," or “running payroll,” encompasses the following: Calculating how much money (including tips) your business owes employees and contractors during a specific pay period.

2021 370
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What to Include in Your Restaurant Employee Handbook

7 Shifts

Having to spend a shift—or even worse, your after-hours—reading through an employee handbook will sap the fun out of any new restaurant job. If you take the extra time to hire people who share your core values you will reduce staff turnover, which saves time and money in the long run.

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10 Payroll Reports Every Business Manager Needs To Know

Sling

At the most basic, payroll reports are documents (hard copy and digital) in which you conduct calculations with regard to: Wages paid to employees. Reported tips. when you distribute paychecks). A biweekly payroll schedule and report could mean distributing and calculating everything every two weeks. Medicare taxes.

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Restaurant Payroll 101: Everything You Need to Know

Restaurant365

However, calculating, distributing, and double-checking restaurant payroll for your employees is complex, and any errors and non-compliance with government mandates can result in costly fines or taxes for your business. Payroll is the process through which a business calculates and distributes wages to employees.