Search Results for: turnover – Page 4

...and the solutions go beyond packaging. WEBINAR How to Modernize Your Accounting in 2025 Watch Recording 4. Say goodbye to clunky onboarding and costly turnover
...defense against turnover, burnout, and understaffing. This guide will help you rethink and optimize your workforce strategy, so your restaurant thrives no matter how fast
...recruitment. Operators can post jobs, sort applications, and schedule interviews—all from a single interface. This efficiency is especially valuable in high-turnover environments like quick-service restaurants.
...And operators? They’re seeing results like faster ramp-up times, stronger brand consistency, and a noticeable drop in turnover. A better-trained employee is a confident employee
...scheduling based on forecasted demand. 2. Take a strategic approach to seasonal hiring If you’re only bringing people in to fill gaps, you risk high
...competing goals of growth and navigating inflation. Since the start of the year, 9 percent more restaurants are reporting staff turnover of 10 percent or
WEBINAR RECORDING Smart Solutions for a Happy Staff: Creating A Better Restaurant Employee Environment Restaurants have one of the highest employee turnovers of any workforce.
...of the company culture, therefore reducing turnover, while also ensuring management does not have to spend as much time shouldering the burdensome onboarding process. “I
...may need to adjust goals for this metric if servers are having issues with table turnover rate. Additionally, if your service standard is high, as
...in an employees’ market, restaurants are also carefully weighing higher labor costs against the bottom line. With the high cost of employee turnover, operators are
...represents the average amount of time an ingredient is in your inventory before you sell it. It refers to your inventory turnover, whether applied to
Compeat technology helps restaurants drive prime costs down and make smarter decisions As managing a restaurant grows increasingly complex with ever-changing labor laws, high employee
As a restaurant operator, you may not have control over staff turnover or a new restaurant opening next door, but if you’re serious about achieving
...Automating accounts payable (AP) in restaurant accounting software can eliminate manual, time-consuming tasks, optimize invoice processing, and add money to the bottom line. Restaurants, with
...needs to consider operations, accounting for different shift needs, the labor costs budget, and special events. Finally, to keep staff satisfied and reduce employee turnover,
...employee data when working to meet your labor cost goals. Employee preferences are a factor to keep in mind, as increased employee satisfaction can lead
...distancing guidelines. With a ghost kitchen, your sales are not limited by the number of seats at your restaurant. You also have a lower dependency
...your monthly margins. Ineffective restaurant hiring practices lead to high turnover and poor team cohesion. The list of operational challenges goes on and on. A
...brainstorming with your staff to understand where they see possible improvements. 8. Hire the Right Employees Finally, to cut down on the cost of a
...high turnover,” he expressed. Previously, to hire for open positions, Sweet Lou’s would post job listings on Craigslist and Indeed. Indeed, Mr. Foust acknowledged, “costs
...metrics like CoGS, inventory turn, menu item profitability, labor cost and employee turnover are key to reducing operating costs and increasing sales to add profit
...with a higher turnover rate than other industries, but the current restaurant staff shortage is nearly unprecedented. Some operators are even decreasing hours or closing
...article was published in Hospitality Technology. By John Moody, Restaurant365 Chief Strategist and Co-Founder The restaurant industry has historically had a high turnover rate, but
...inventory turnover rate. Reduce spoilage Organize your inventory so that the oldest items are used first and newer items are used later. This requires time

Restaurant365 bridges the gap between accounting and operations by centralizing all data, helping restaurant operators to become more efficient, accurately forecast, and tackle any challenge or opportunity with speed and accuracy.