Modern Restaurant Management

MAY 25, 2021

At the time, this industry was trying to discern what the right ‘next’ move was to mitigate the long-term effects of a shuttered hospitality industry. The biggest challenge the hospitality industry faced was the need to pivot their business model without having any preparation or guidance on how to do so. The Road Forward.

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Modern Restaurant Management

APRIL 21, 2020

Some of our Washington and Oregon hospitality clients shut down early, while others waited for a government order; some shut down entirely, while some have tried to stay afloat by moving to to-go and delivery only. Business interruption insurance covers the loss of income that a business suffers after a disaster. Document Everything.

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Insurance Government Document Restaurant Law 177

Hospitality Insurance Group

MAY 16, 2019

(May 16, 2019) — A founding member of Hospitality Insurance Group’s Board of Directors has retired. Gerald Cassidy, who brought decades of insurance experience and knowledge to the Board, announced his retirement on May 8, 2019. President & CEO of Hospitality Insurance Group. “I McGrail, HIG Chairman.

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Modern Restaurant Management

JUNE 1, 2020

The hospitality industry, in general, and restaurants in particular, face many different types of risk. What Risks Does The Hospitality Sector Face? For example, the COVID-19 pandemic hit the hospitality industry by surprise. Insurance coverage is an excellent resource to have as part of your risk response strategy.

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Hospitality Insurance Food Supply Social Media 138

The Restaurant Times

SEPTEMBER 19, 2021

Time has never been better to open your food truck, and the most critical business step is investing in insurance. However, if you don’t have the correct insurance, your food truck might cost you thousands of dollars or perhaps your business in jeopardy in time of a mishap. . Food Truck Insurance Cost . Kind of Insurance.

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Food Truck Insurance Food Transportation 52

Modern Restaurant Management

APRIL 23, 2024

State legislation continues to make revisions to sexual harassment laws, so it’s important for business owners (and more specifically hospitality business owners) to keep up with their state’s laws. Society Insurance bears no responsibility for the accuracy or content of linked or cited material. Look no further.

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Insurance Restaurant Law 2024 Brewery 88

Modern Restaurant Management

NOVEMBER 11, 2019

It is important for restaurant, tavern and bar owners to have the right insurance, however, there are so many different types of policies, and even when you zero in on what is needed, the options are often complex and difficult to compare. You are in the hospitality business. Non-Admitted Insurance. Non-Admitted Insurance.

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Open for Business

JUNE 15, 2023

This important skill can create a positive workplace culture and improve the hospitality experience for guests. After all, hospitality is a two-way street. Offering health insurance to your team can be a challenge, but overlooking this benefit could end up costing you more if top talent moves on. Credit: Getty Images.

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Modern Restaurant Management

JULY 28, 2020

Consider PPP loan insurance to cover damages, legal fees and fines if the SBA determines that your business was ineligible for the loan. Restaurants and other hospitality businesses took in more than $42 billion in U.S. ” Get to Know PPP Loan Insurance. percent of total distributed loans.

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Modern Restaurant Management

MARCH 9, 2023

Though businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. This information does not amend, modify or supplement any insurance policy. Patrick’s Day and year-round.

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Bar Insurance Restaurant Law Point of Sale 171

Modern Restaurant Management

DECEMBER 27, 2023

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. It’s a continuing problem into 2024 for establishments that serve, making it critical to have adequate liquor liability insurance. Here’s an overview. But it’s hard to get and very costly.

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2024 Insurance Recruiting Restaurant Law 114

Modern Restaurant Management

DECEMBER 21, 2023

From the seasoned craft beverage consumer to the newest consumers in the hospitality environment, the favorability toward “fresh,” “local,” and “locally sourced ingredients” is still a profit-driver you don’t want to give up. Why such a “hard” insurance market?

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2023 2024 Insurance Employee Relations 120

Hospitality Insurance Group

OCTOBER 29, 2018

Take a look at some of the liquor liability insurance policies Hospitality Insurance Group wrote in September 2018 including the type of coverage included, insurance discounts applied and a glimpse at the total insurance premium. Type of Establishment. Restaurant. City, State. Springfield, MA.

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Modern Restaurant Management

JUNE 14, 2022

Since that publication, there’s even more disturbing news: a recent Wall Street Journal article noted that due to the high cost of labor, hospitals are considering significant cost increases—even considering breaking current PPO contracts.

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Insurance 2022 2023 Article 146

Sante

MARCH 31, 2020

Teaser: Many hospitality establishments team up to raise funds for staff during time of need. While the hospitality industry is suffering as a whole, restaurant owners maintain the potential to earn some income despite operating restrictions. Author(s): Stacey Sears.

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Modern Restaurant Management

DECEMBER 16, 2021

This is why next year, operators will offer more benefits like hiring incentives, higher hourly wages, health insurance, paid time off, earned wage access (EWA) and more to not only hire fresh labor, but retain top talent. It isn’t unemployment benefits giving employees pause: it’s underappreciation.

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2022 Hospitality Loyalty Program Point of Sale 174

Modern Restaurant Management

DECEMBER 21, 2023

In the hospitality industry, the last thing you want is a phone call from the alarm company at an early morning hour about a fire, break-in or other disaster at your business. Society Insurance bears no responsibility for the accuracy or content of linked or cited material. Picture this – it’s 5 a.m.

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Modern Restaurant Management

APRIL 21, 2020

The hospitality industry is no exception and it appears as if there are both good times and bad times ahead. In the short run, COVID-19 has taken a significant bite out of the hospitality industry, but there does appear to be some light at the end of the tunnel.

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Hospitality Hotels Travel Document 163

Hospitality Insurance Group

APRIL 14, 2022

Celebrating the first BOP written by Hospitality Insurance Group are Richard Welch (President & CEO, Hospitality Insurance Group); Mark Colantonio (Sales Executive, John M. Glover Insurance); and Sandra Haley (Senior VP of Underwriting & Marketing, Hospitality Insurance Group).

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Modern Restaurant Management

JULY 16, 2021

In this changing environment, the right and adequate amount of insurance protection has never been more important. There’s a price for the unrelenting barrage of natural disasters, and it’s making excess liability insurance hard to find above standard liability limits.

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Management Management Insurance Kitchen Safety 186

OpenTable

AUGUST 13, 2020

What does hospitality look like in a time of emergency? After months of shutdowns due to the coronavirus pandemic, restaurants have looked to their insurance policies for financial help – only to be denied coverage for claims. The post In it Together: taking on the insurance industry with Naomi Pomeroy & Robert J.

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Culinary Cues

MARCH 19, 2020

Keep in mind that everything will change as we eventually claw our way out of this crisis. Set aside the need to focus on degrees and push for training in fields that will need a better-prepared workforce in the coming few years. [] There are, and there will be even more Americans who are nutritionally disadvantaged.

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Insurance Government Training Small Business 429

7 Shifts

AUGUST 23, 2023

For many in the hospitality industry, tipping is an integral part of their restaurant's culture. 7shifts is also FDIC-insured , so you can feel confident knowing your deposits are backed by the full faith and credit of the United States Government. It influences the livelihoods of restaurant workers around the world.

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Tip Distribution Cash Management Restaurant Law Insurance 195

Society Insurance

DECEMBER 13, 2022

Most slip and fall incidents in the hospitality industry don’t result in an injury or a claim, but sometimes they do, so it’s best to train your staff to respond to all incidents the same way every time. Finally, report the incident to your agent and insurance carrier as soon as possible. Gather Additional Evidence.

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Insurance Small Business Document Equipment 98

Hospitality Insurance Group

JULY 23, 2020

At Hospitality Insurance Group (HIG), we are pleased to welcome back the many fine establishments throughout our region that are an integral part of our economy. Throughout this pandemic, HIG has been supporting our members by ensuring that their insurance coverage has adjusted to the changing times.

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Insurance Hospitality Innovation Blog 78

7 Shifts

MAY 17, 2022

For as many restaurants without a strong culture, there are as many who are elevating what it means to be a hospitality employer. Benefits” is a term that usually covers the basics—a 401k and health insurance. Younger generations may have health insurance from parents or guardians.

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Insurance Leadership Customer Experience Sports 370

Modern Restaurant Management

FEBRUARY 24, 2022

The hospitality industry took a massive hit in the height of the pandemic; while certainly not the only segment of our economy that got a smackdown, it seems the punches are never-ending. Companies within the hospitality zone cannot fix the core issue, which is a gross lack of workers wanting jobs in our industry.

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7 Shifts

MAY 10, 2021

He's a chef and the founder of Best Served Creative , a platform for hospitality works of all levels to tell their stories and make the industry better. One creative benefit that Cummings has come across is pet insurance. How are you actually making sure that people have that balance? Can you come up with creative things?“

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Hiring Tip Distribution Back of House Insurance 370

7 Shifts

APRIL 23, 2021

The same New York Times story found that 80 to 85 percent of Crafted Hospitality group's kitchen employees have moved out of New York City. Online job postings are often overlooked in the hospitality industry. Benefits like health insurance, pet insurance, or retirement plans. You have to stand out, clear and proud.

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Culinary Cues

AUGUST 28, 2020

HOSPITALITY FIRST. How do you make it come alive with hospitality? If you view your staff members as interchangeable parts then they will always look for a better opportunity somewhere else, or feel that unemployment insurance is a better option. Don’t just sit there – do something unique and filled with excitement.

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Social Media Communication Loyalty Program Training 438

7 Shifts

DECEMBER 13, 2021

And what can operators do more (or less) of to make hospitality into a long-term and viable career? Has the pandemic affected how employees view hospitality careers? An engaged, young group of workers has been the bedrock of the hospitality industry for decades. Has the pandemic affected how employees view hospitality careers?

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Employee Relations Communication Hospitality 2022 370

7 Shifts

JUNE 3, 2022

As of 2019, hospitality had a national average turnover rate of 75% , and that's only grown since the pandemic. As a whole, hospitality accounts for some of the highest rates of uninsured workers. When we think about employee benefits, health insurance and retirement (401k) are top of mind.

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Hot Schedules

JANUARY 25, 2021

FUTA (Federal Unemployment Tax Act) is also a payroll tax that employers are responsible for paying, however, this tax is to help fund the federal government’s oversight of the unemployment insurance programs for each of the individual states. Unemployment claims in 2020 skyrocketed due to Covid-19. According to the U.S.

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2021 Insurance Employee Relations Restaurant Law 148

7 Shifts

APRIL 24, 2020

Financial relief programs There are many financial relief programs offered by governments and hospitality organizations to help keep restaurant workers paid during COVID-19. Contact your state’s unemployment insurance program to apply for your benefits.

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Social Media Insurance Website Management Government 352

The Restaurant Group

MARCH 11, 2024

But restaurant finances are notoriously complex, with so many types of expenses to manage: Dining and kitchen supplies Commercial real estate Utilities Maintenance Insurance Marketing Payroll And more Restaurant budgeting can be head-scratching and very time-consuming. Every restaurant must aim to spend low and earn high.

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Management Management Cash Management Insurance 78

Hospitality Insurance Group

JUNE 8, 2020

As President and CEO of Hospitality Insurance, Dick Welch, says, “as the owner of a bar or a restaurant, anything you put on your website, social media, or any of your promotional materials should be legally owned”. The post Protecting Your Business Against Copyright Laws appeared first on Hospitality Insurance Group.

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Social Media Insurance Restaurant Law Entertainment 78

Modern Restaurant Management

MARCH 18, 2020

” The Association proposed three separate categories of protection for industry restaurants and employees: directed/targeted financial relief; loans/insurance options for impacted small businesses; and tax measures. Loans/Insurance Options for Impacted Small Businesses. Federal Loan Program Equal to Lost Revenue.

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Insurance Employee Relations 2002 2001 136