article thumbnail

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.

article thumbnail

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.

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

What to Include in Your Restaurant Employee Handbook

7 Shifts

First, you need to include their pay and how they will be paid, as well as your overtime and tips policies. Should a staff member break the rules with a fireable offense, you will have documentation that protects you from any wrongful dismissal. It makes every little task trackable, transparent—and most importantly—accounted for.)

article thumbnail

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.

article thumbnail

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.

article thumbnail

COVID-19 Legislative Actions: What to Know Now

Hot Schedules

Impact on Unemployment Insurance. Employees who experience reduced hours, furloughs, or layoffs should be encouraged to file for unemployment insurance as soon as possible. It should be posted or distributed to employees electronically (via email or online portal) by April 1. See questions 32 and 33. See Questions 15 and 16.

article thumbnail

Ultimate Restaurant Payroll Guide 2023

7 Shifts

For restaurants, payroll includes hour wages as well as tips, which must be taken into account. 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. Health insurance plan opt-in forms.

2023 195