Remove Government Remove Tip Distribution Remove Training
article thumbnail

MRM Research Roundup: AI Investment Heating Up and Summer Dining Dos and Don’ts

Modern Restaurant Management

The chain’s documented emphasis on training shows in its strong performance on service quality and value. Twenty-one percent of respondents across all segments and geographies believe they have the risk and governance in place to shepherd AI investments to fruition.

article thumbnail

Accounting for Tips in Restaurants

Paper Chase Accountancy

Is it not a paradox that in the bustling world of restaurants, where every cent counts, the handling of tips often falls through the cracks? While a seemingly small detail, the proper management of tips can significantly impact a restaurant’s financial health and its employees’ satisfaction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Now? COVID-19 Survival Guide for Restaurants

Modern Restaurant Management

For months to come, they will need help accessing government benefits and mental health services, paying their rent, and feeding their families. Click here to read more tips to help your business get through the pandemic from a financial point of view. Practical tips and considerations regarding employer legal compliance.

article thumbnail

What to Include in Your Restaurant Employee Handbook

7 Shifts

Our research from over 1,900 restaurant professionals shows that the main reasons employees quit are due to poor training, bad relationships with managers, and lack of team-building activities. Doesn’t it make sense to create a restaurant employee handbook that encourages a positive workplace culture through teamwork and training?

article thumbnail

State of the Industry and More Restaurant Research

Modern Restaurant Management

The restaurant industry has long been the primary training ground for new entrants to the workforce and in 2022, nearly a quarter of jobs were filled by first-time employees. The average Valentine’s Day dinner with food, drinks, and tip cost diners $121 in 2023. million by 2030. Calmer Seas Ahead The U.S.

2023 508
article thumbnail

Fast-Casual Academia, Climatarian Menu and Ice Auction

Modern Restaurant Management

The Hospitality Recovery Coalition includes DISCUS, the American Distilled Spirits Alliance (ADSA), the Council of State Restaurant Associations (CSRA), the National Restaurant Association and TIPs. “Without assistance at all levels of government, many of these businesses will be forced to close their doors.

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. After tips, Max makes the state minimum wage of $10/hour.

2023 195