7 Shifts

DECEMBER 4, 2020

Doing payroll," or “running payroll,” encompasses the following: Calculating how much money (including tips) your business owes employees and contractors during a specific pay period. Updating your payroll records in case of an audit. After tips, Max makes the state minimum wage of $10/hour. Let’s revisit our server, Max.

2021 370

2021 Tip Distribution Restaurant Law Insurance 370

7 Shifts

MAY 15, 2023

For restaurants, payroll includes hour wages as well as tips, which must be taken into account. Doing payroll," or “running payroll,” encompasses the following: Calculating how much money (including tips) your business owes employees and contractors during a specific pay period. Updating your payroll records in case of an audit.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

7 Shifts

DECEMBER 6, 2023

Tip laws differ from national standards in some areas, and staying on top of potential changes as bills make their way through the legislative process takes time and energy. The tipped minimum wage in Colorado is $10.63 So employers can claim a tip credit of $3.02 Who is considered a tipped worker? What counts as a tip?

Tip Distribution 221

Tip Distribution Restaurant Law Employee Relations 2023 221

7 Shifts

AUGUST 18, 2024

Improve Employee Retention The high-turnover rates are well-documented in the restaurant industry, with these rates exceeding 70% in 2016. What’s also well documented is that replacing existing employees costs more in the long run than retaining them. After all, training new hires is an investment of time, resources, and money.

License 370

License Equipment POS Food Supply 370

7 Shifts

DECEMBER 6, 2023

Tip laws differ from national standards in some areas, and staying on top of potential changes as bills make their way through the legislative process takes time and energy. The tipped minimum wage in Colorado is $10.63 So employers can claim a tip credit of $3.02 Who is considered a tipped worker? What counts as a tip?

Tip Distribution 195

Tip Distribution Restaurant Law Employee Relations 2023 195

Lavu

NOVEMBER 29, 2024

Payroll automation solves these issues by streamlining tasks like tracking hours, distributing tips, and ensuring compliance with labor laws. Here’s why it matters and how to get started: Key Benefits : Automatically tracks hours, tips, and shifts. Managing payroll manually in restaurants is time-consuming and error-prone.

Tip Distribution 78

Tip Distribution Restaurant Law Employee Relations Cash Management 78

Lavu

NOVEMBER 29, 2024

Using a POS system simplifies payroll by automating time tracking, tip management, and wage calculations, while integrating with accounting tools like QuickBooks ensures compliance and accuracy. Tip Management : Calculates and distributes tips fairly. Data Integration : Syncs with payroll and accounting software.

POS 78

POS Tip Distribution Employee Relations Audits 78