Remove Employee Relations Remove Pricing Remove Tip Distribution
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MRM Research Roundup: Destination Dining, Voice Commerce, and the Force of Fast Food

Modern Restaurant Management

In 2024, restaurants across the country saw an average five percent increase in transactions and an average eight percent increase in profits with only four percent caused by price hikes. Even with these enhancements in service quality, consumers still value having a real employee on the other end providing services.

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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. Prioritising employee well-being, mental health, and job satisfaction is also essential in curbing turnover and cultivating a content and dedicated workforce.

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State of the Industry and More Restaurant Research

Modern Restaurant Management

Key findings illustrating the industry's economic conditions include: Growth will continue : The foodservice industry is forecast to reach $997 billion in sales in 2023, driven in part by higher menu prices. Only one in ten operators think recruiting and retaining employees will be easier in 2023 than it was in 2022.

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The Ultimate Guide to Restaurant Costs

7 Shifts

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Cost of goods sold is the raw material cost of your beverages and food, and labor cost includes actual labor, employee benefits, payroll taxes, healthcare, and bonuses.

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How to Get Free Payroll for Local Restaurants

Lavu

Handling fluctuating hours, tip tracking, and compliance can be complex, but Lavu Payroll offers a cost-effective solution. Key Benefits of Payroll Tools Get Free Payroll for Restaurants Today Automated Tip Tracking : Eliminate manual calculations. POS Integration : Sync hours and tips directly from your POS system.

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How to Automate Payroll with POS Systems

Lavu

Using a POS system simplifies payroll by automating time tracking, tip management, and wage calculations, while integrating with accounting tools like QuickBooks ensures compliance and accuracy. Tip Management : Calculates and distributes tips fairly. Data Integration : Syncs with payroll and accounting software.

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A Comprehensive Guide to Tip Laws in California

7 Shifts

California has some of the strongest, most employee-friendly tip laws in the country. Jon & Vinny’s employees recently filed a class-action lawsuit against the Italian food restaurant, claiming that they shorted servers’ pay due to a murky service fee policy. It’s also more generous to employees on several points.