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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Three

Modern Restaurant Management

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful. We were a sourcing and hiring platform for restaurants. more an hour.

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Four Things Bar and Restaurant Owners Should Consider in their Coverage 

Modern Restaurant Management

With the laundry list of everything bar and restaurant owners need to handle on a daily basis, proper insurance coverage should be top priority. With the guidance of a skilled agent that is well educated in the hospitality industry, bar and restaurant owners should be able to let the experts lead the way.

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Safety Training and a Strong Safety Culture: The Recipe for Mitigating Restaurant Risk

Modern Restaurant Management

Safety training and creating a culture of safety are both critical for mitigating these risks, helping restaurants establish environments that protect staff and customers, which also goes a long way toward keeping insurance premiums low and protecting the bottom line.

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The Not So Great Resignation: Unseen Risks and Mitigation of Costs

Modern Restaurant Management

New managers jump in without being well educated on reporting or handling of claims. New employees who get hurt have no incentive to not pursue litigation as they do not care about staying in the job when every other restaurant in the county is hiring. Money is short and claims are perceived as payoffs.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Two

Modern Restaurant Management

Investing in teamwork, internal training, and career development—such as structured in-house wine education—creates a sense of belonging and shared growth. While many companies still don’t offer health insurance, I have a number of clients offering health care through online medical services, such as.

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Emerging Trends in Restaurant Benefits

Modern Restaurant Management

Likewise, forecasting costs and building budgets will mean understanding medical costs as well as the hiring market. In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent Consider these factors: According to PwC, medical trend is forecast to be 6.6 percent in 2022, down from 7.0%.

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Think You Can’t Afford to Offer Perks and Benefits to Your Team?  Think Again

Modern Restaurant Management

Do you have trouble hiring or retaining a good team? If providing health insurance is not in your budget, what if you were able to give them access to high-quality, truly affordable healthcare? The hospitality business is particularly hit hard by the war for talent and the turnover is pretty high and difficult to manage.