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Three Simple Ways Restaurant Owners Can Boost Retention and Drive Recruitment 

Modern Restaurant Management

The food and beverage industry employed more than five million Americans in 2018, according to the United States Bureau of Labor Statistics (BLS). percent in 2018. percent in 2018. Some restaurants report turnover rates as high as 150 percent.

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Why Earned Wage Access Is the Perfect Gift For Employees

Modern Restaurant Management

In 2022, our Wages and Wellbeing study found that 79 percent of working Americans would be more interested in applying for a job that pays them the same day they work – 30 percent higher than in 2018.

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The Restaurant of the Future

Modern Restaurant Management

between 2018 and 2030. "The With slower labor-force growth, restaurants will continue to compete against other industries for talent, making recruitment and retention vital to success in the coming decade. annually between 2018 and 2028. The industry workforce will likely exceed 17 million by 2030. during the next decade.

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How Your Restaurant Can Tackle the Employee Shortage

Modern Restaurant Management

A study in 2018 found that the average restaurant has a turnover rate of 74.9 The exact approach each restaurant takes will depend upon the kind of staff they’re recruiting — and their unique problems. High Turnover Rates Have Real Costs. percent compared to the private sector average of 46 percent.

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10 Causes and Solutions for Employee Turnover

Modern Restaurant Management

According to the Bureau of Labor Statistics , total turnover rates in 2018 were 44.3 percent in 2018. On average, replacing an hourly employee costs around $3,328 once you factor in recruiting, interviewing, and training time. Employee turnover is every employer’s nightmare. Don’t have salary employees? Disinterest.

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Medical Marijuana in the Workplace: What’s Next?

Modern Restaurant Management

This is because they have had trouble recruiting and hiring quality employees when they are forced to reject a significant slice of the population who uses medical or recreational marijuana. Indeed, there are some states that have written employee protections into their marijuana legalization statutes. Less drug testing.

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Our Wage Models are Broken

7 Shifts

The Tip Pooling Model After the FLSA updated its guidance in 2018, it became legal to share tips across hourly employees, as long as they’re all paid the state’s full minimum wage. This reduces turnover, lowers recruitment and training costs, and substantially improves the quality of the workforce and guest experience.