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Health Insurance Requirements for Small and Medium Businesses

Hot Schedules

Health Insurance Requirements for Small & Medium Businesses. How offering affordable health benefits to your employees can work wonders for recruiting and retention. H ealth insurance is one of the most important benefits an employer can offer, regardless of size. Are Small Businesses Required to Offer Health Insurance?

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A Restaurant’s Guide to Switching Payroll Providers (+ Free Checklist Download)

7 Shifts

A good one not only ensures that your employees are paid accurately and on time, but also plays a significant role in regulation compliance , operational efficiency, and team happiness. User-Friendliness and Training Are your employees comfortable using the system, or does it require extensive training?

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Restaurant Recruiting During and After COVID-19

7 Shifts

According to data from 350,000+ restaurants that use 7shifts, while overall shifts being scheduled are still sitting 24% below pre-COVID levels, shifts for delivery-related roles have increased 38%. When hiring restaurant employees, it’s also important to find staff that will take these measures seriously.

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What Is the SUTA Tax and Why Is It Going Up in 2021?

Hot Schedules

I t’s probably fair to say that most entrepreneurs didn’t give much thought to the complexities around payroll management and taxes before starting a business and hiring employees. Every state requires its employers to pay this tax, and no employee has money withheld from his or her check to pay SUTA. What is SUTA?

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Flexible Covered Period and Expanded Allowable Expenses Makes Newest Round of PPP Funds More Advantageous for Restaurant Businesses

Restaurant365

Additionally, businesses applying for a PPP loan can also apply for Employee Retention Tax Credits (ERTC), if the credits are not applicable to wages paid with forgiven PPP loan funds. The Act also redefines payroll costs to specifically include group insurance payments made on group life, disability, vision and dental insurance.

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Restaurant Labor Costs Every Store Manager Should Track

Restaurant365

With the help of actionable data and reporting, store managers can help control labor costs, without negatively impacting the customer experience or employee retention rates. Here are a few helpful labor cost terms, along with how they are related to your total labor cost. Hourly Employees. Salaried Employees.

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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Tracking labor and payroll data for restaurant employees. The payroll for your hourly employees represents one of the most controllable expenses on your profit & loss (P&L) statement.