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2025 Small Business Outlook

Modern Restaurant Management

However, the currently tight labor market could be exacerbated by a crackdown on the hiring of undocumented labor. • Healthcare : We continue to be bullish on the healthcare industry as the macro forces of an aging U.S. population, and new treatment innovations makehealthcare an attractive industry in 2025 and beyond.

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Restaurants Turn to Hiring Bonuses to Entice Workers

EATER

Applebee’s declared May 17 National Hiring Day in an effort to fill more than 10,000 roles across the country, a response to a recent record demand: The chain “achieved two of its highest-volume months ever in March and April,” according to FSR, which must have felt an especially remarkable feat for the workers at the understaffed restaurants.

Hiring 284
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Think You Can’t Afford to Offer Perks and Benefits to Your Team?  Think Again

Modern Restaurant Management

Do you have trouble hiring or retaining a good team? That seems familiar and chances are they have no safety net and hopelessly watch healthcare costs go up at a startling rate. If providing health insurance is not in your budget, what if you were able to give them access to high-quality, truly affordable healthcare?

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What to Avoid When Looking for a Restaurant Job: 6 Red Flags

7 Shifts

Among the great insights Jensen brought were six red flags to avoids in the hiring process on both sides. Whether you're hiring, or you're a worker ready to go back to work, here are the six red flags that Cummings outlined in the episode. It's not enough to just go "Hey, hiring line cooks. Uninspired Job Posting. Reina (Form.

Hiring 370
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Invest in Employees with Affordable Health Care

Modern Restaurant Management

Lack of health insurance isn’t considered one of the major reasons the hospitality industry has, according to the U.S. In the current hiring climate, restaurants can’t afford to lose good employees because they feel unappreciated. Bureau of Labor Statistics, a churn rate north of 70 percent. It’s understandable.

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The Ultimate Guide to Restaurant Costs

7 Shifts

Your restaurant is different so ensure you find your ideal food cost (discussed later) Labor cost : Roughly 30% of revenue including management salaries of 10% Insurance varies by provider and type. Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums.

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Ultimate Restaurant Payroll Guide 2023

7 Shifts

Health insurance plan opt-in forms. Federal Insurance Contributions Act (FICA) taxes: FICA is the tax levied on employers to pay Social Security and Medicare. This money helps fund these programs, which help people in need of retirement healthcare or other assistance. Forms for any retirement savings plans, such as a 401(k).

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