article thumbnail

Our Wage Models are Broken

7 Shifts

It’s no secret that with a workforce mass exodus and rising minimum wages, the restaurant industry is long overdue for an overhaul of its business structure and compensation model. Our coalition of restaurant owners across the country come together to share best practices about wages and benefits. Rethinking Wages: Where to Start?

article thumbnail

What Now? COVID-19 Survival Guide for Restaurants

Modern Restaurant Management

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. The National Restaurant Association has provided a list of best practices to ensure business continuity.

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

Ultimate Restaurant Payroll Guide 2023

7 Shifts

Did you know that payroll/labor makes up almost one-third of a restaurant's operating costs ? Understanding the ins and outs of paying employees, observing labor laws, and complying with the tax code is critical to running a business. Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant.

2023 195
article thumbnail

Why Your Restaurant Needs Marketing and PR Now More Than Ever

Modern Restaurant Management

Pro tip: having a PR crisis plan in place is vital as a crisis situation can easily arise! When people are being urged to stay home except for essentials like food, healthcare, medications, and fuel, heading to a favorite restaurant for a sit-down meal is unlikely, and sometimes, impossible. Now is the time to do it.

Marketing 202
article thumbnail

Minimum Wage Updates: January 2022

Hot Schedules

To ensure you stay compliant, we’ve compiled every jurisdiction upping their minimum wage, tip credits, and/or tipped cash wage rates starting January 1, 2022. State New Minimum Wage New Tip Credit New Tipped Cash Wage. Municipality New Minimum Wage New Tip Credit New Tipped Cash Wage. tipped cash wage.

2022 148
article thumbnail

Uber Eats Up Postmates and PPP Loan Data

Modern Restaurant Management

"As more people and more restaurants have come to use our services, Q2 bookings on Uber Eats are up more than 100 percent year on year. "We urge federal policymakers to dive into it to determine how best to devise support for small businesses like restaurants that are clearly on the ropes.

article thumbnail

Restaurant Accounting: The Ultimate Guide

Xtra Chef

Restaurant accounting is certainly not the most glamorous part of running a restaurant. Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. What’s In the Restaurant Accounting Guide? Part 1: Restaurant Bookkeeping and Accounting 101.