Modern Restaurant Management

JULY 15, 2022

The climate of the hospitality industry is forever changing. Based on completely unpredictable occurrences such as the COVID pandemic and societal realities such as violence at bars and restaurants, hospitality establishment owners have a lot to consider when it comes to their coverage.

Insurance 180

Insurance Restaurant Law Hospitality Education 180

Hospitality Insurance Group

JANUARY 6, 2021

Hospitality Insurance Group is launching a new program that will give bars, restaurants, and any other eligible liquor liability policyholders more flexibility in how they pay their insurance premiums. said Sandra Haley, Senior Vice President of Underwriting and Marketing at Hospitality Insurance Group.

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Insurance Hospitality Cash Management Bar 114

Culinary Cues

SEPTEMBER 30, 2024

During an election year there is always a focus on what both parties call: “kitchen table issues” – the cost of groceries, mortgage, insurance, child-care, energy, and education, and how much is left for disposable income to be spent on the things we would like to do vs. what we have to do. This is not a place where restaurants want to live.

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Pricing Marketing Insurance Seasonal Menu 321

Culinary Cues

AUGUST 28, 2020

HOSPITALITY FIRST. How do you make it come alive with hospitality? If you view your staff members as interchangeable parts then they will always look for a better opportunity somewhere else, or feel that unemployment insurance is a better option. Don’t just sit there – do something unique and filled with excitement.

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Social Media Communication Loyalty Program Training 442

Modern Restaurant Management

AUGUST 31, 2021

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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Bar Insurance Employee Relations Certification 193

Hot Schedules

MARCH 15, 2021

Health Insurance Requirements for Small & Medium Businesses. H ealth insurance is one of the most important benefits an employer can offer, regardless of size. According to the Kaiser Family Foundation , only 30 percent of US businesses with fewer than 50 employees provide health insurance to their workers. In short, no.

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Small Business Insurance Employee Relations Recruiting 109

7 Shifts

SEPTEMBER 9, 2024

Offer comprehensive benefits to restaurant workers In addition to wages, make sure to outline the benefits you offer, such as health insurance, paid time off, or employee discounts. For instance, a job listing for a line cook might state, “$17 per hour, health insurance, paid sick days, and employee meals included.”

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2024 Social Media Insurance Leadership 335

7 Shifts

APRIL 23, 2021

The same New York Times story found that 80 to 85 percent of Crafted Hospitality group's kitchen employees have moved out of New York City. Online job postings are often overlooked in the hospitality industry. Benefits like health insurance, pet insurance, or retirement plans. You have to stand out, clear and proud.

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Hiring Front of House Back of House Food Safety 370

7 Shifts

DECEMBER 4, 2020

While most restaurateurs are experts in hospitality and customer service, payroll makes many savvy business owners scratch their heads. This strikes a nice balance between the monthly and weekly, and is the most common pay period in the hospitality industry. Health insurance plan opt-in forms. Forms for any other benefits plans.

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2021 Tip Distribution Restaurant Law Insurance 370

7 Shifts

MAY 10, 2021

He's a chef and the founder of Best Served Creative , a platform for hospitality works of all levels to tell their stories and make the industry better. One creative benefit that Cummings has come across is pet insurance. How are you actually making sure that people have that balance? Can you come up with creative things?“

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Hiring Back of House Tip Distribution Insurance 370

Modern Restaurant Management

APRIL 21, 2020

The hospitality industry is no exception and it appears as if there are both good times and bad times ahead. In the short run, COVID-19 has taken a significant bite out of the hospitality industry, but there does appear to be some light at the end of the tunnel.

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Hospitality Hotels Travel Document 205

Modern Restaurant Management

DECEMBER 23, 2021

While businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. Shockingly, the average cost of a bar fight claim is $109,678.25 (based on Society Insurance information). 31 and beyond.

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Insurance Restaurant Law Point of Sale Training 212

Modern Restaurant Management

NOVEMBER 11, 2019

It is important for restaurant, tavern and bar owners to have the right insurance, however, there are so many different types of policies, and even when you zero in on what is needed, the options are often complex and difficult to compare. You are in the hospitality business. Non-Admitted Insurance. Non-Admitted Insurance.

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Insurance Bar License Entertainment 132

Modern Restaurant Management

JULY 28, 2020

Consider PPP loan insurance to cover damages, legal fees and fines if the SBA determines that your business was ineligible for the loan. Restaurants and other hospitality businesses took in more than $42 billion in U.S. ” Get to Know PPP Loan Insurance. percent of total distributed loans.

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Insurance Certification Audits Small Business 161

Modern Restaurant Management

DECEMBER 16, 2021

This is why next year, operators will offer more benefits like hiring incentives, higher hourly wages, health insurance, paid time off, earned wage access (EWA) and more to not only hire fresh labor, but retain top talent. It isn’t unemployment benefits giving employees pause: it’s underappreciation.

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2022 Hospitality Loyalty Program Point of Sale 189

7 Shifts

MAY 17, 2022

For as many restaurants without a strong culture, there are as many who are elevating what it means to be a hospitality employer. Benefits” is a term that usually covers the basics—a 401k and health insurance. Younger generations may have health insurance from parents or guardians.

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Insurance Leadership Customer Experience Sports 370

Modern Restaurant Management

OCTOBER 19, 2023

What may be overlooked within it are risk and insurance issues. Many franchisors have dedicated staff in charge of maintaining the FDD, although tech solutions are increasingly available, offering efficient, integrated and customizable tools for managing insurance and compliance requirements. And there’s a lot of value to that.

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Insurance Franchise Franchising Document 100

Modern Restaurant Management

JUNE 14, 2022

Since that publication, there’s even more disturbing news: a recent Wall Street Journal article noted that due to the high cost of labor, hospitals are considering significant cost increases—even considering breaking current PPO contracts.

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Insurance 2022 2023 Article 183

Modern Restaurant Management

JULY 16, 2021

In this changing environment, the right and adequate amount of insurance protection has never been more important. There’s a price for the unrelenting barrage of natural disasters, and it’s making excess liability insurance hard to find above standard liability limits.

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Management Management Insurance Kitchen Safety 189

Modern Restaurant Management

OCTOBER 3, 2024

Society Insurance has been working alongside business owners for more than a century, seeing first-hand the devastating effects a fire can have on the establishments that make communities great. ” is one word no one wants to hear in a hospitality business, and it is the call in the night that owners and managers never want to receive.

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2024 Kitchen Safety Insurance Equipment 180

Modern Restaurant Management

JANUARY 2, 2024

. – Jay Fiske, President, Powerhouse Dynamics The Future is here – Robots will become a larger part of society In 2024, I anticipate an increase in the number of robots deployed in the hospitality industry, especially in terms of cleaning, cooking and security robots. The hospitality industry suffers the most from labor shortages.

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2024 Fast Casual Food Safety Insurance 197

7 Shifts

JUNE 3, 2022

As of 2019, hospitality had a national average turnover rate of 75% , and that's only grown since the pandemic. As a whole, hospitality accounts for some of the highest rates of uninsured workers. When we think about employee benefits, health insurance and retirement (401k) are top of mind.

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Tip Distribution Email Marketing Communication Coaching 397

Modern Restaurant Management

JULY 14, 2023

Restaurant insurance is complicated. Just as owners have to play many roles in management, marketing, and menus, their insurance has to protect their finances, patrons, and employees. And who has the time to read a 100-page insurance policy? These are often excluded from standard policies and be potentially costly.

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Insurance Food Safety Employee Relations Small Business 88

Open for Business

DECEMBER 12, 2023

Implement programs to set employees up for success – Start with the necessities: health insurance, therapists, and addiction specialists. You can even innovate and create different business models that address margins and pricing as some of these benefits like insurance will cost more in the short term, but will pay back in the long term.

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Hospitality Insurance Back of House Beverage 158

7 Shifts

AUGUST 9, 2024

But as the restaurant industry evolves, employees demand the benefits of the traditional 9-to-5 job, such as health insurance, paid sick days, vacation, retirement accounts, and more. Take Action Cover the basics first: Start by ensuring your employees can access essential benefits such as health insurance and retirement plans.

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Insurance 2024 Download Catering 195

Modern Restaurant Management

MARCH 9, 2023

Though businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. This information does not amend, modify or supplement any insurance policy. Patrick’s Day and year-round.

Bar 180

Bar Insurance Restaurant Law Point of Sale 180

Modern Restaurant Management

SEPTEMBER 6, 2022

While businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. Shockingly, the average cost of a bar fight claim is $109,678.25 (based on Society Insurance information).

Bar 180

Bar Insurance Restaurant Law Point of Sale 180

Modern Restaurant Management

FEBRUARY 24, 2022

The hospitality industry took a massive hit in the height of the pandemic; while certainly not the only segment of our economy that got a smackdown, it seems the punches are never-ending. Companies within the hospitality zone cannot fix the core issue, which is a gross lack of workers wanting jobs in our industry.

Hiring 197

Hiring Guest Recovery Insurance Hotels 197

Sante

MARCH 31, 2020

Teaser: Many hospitality establishments team up to raise funds for staff during time of need. While the hospitality industry is suffering as a whole, restaurant owners maintain the potential to earn some income despite operating restrictions. Author(s): Stacey Sears.

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Hospitality Front of House Back of House Innovation 100

Hospitality Insurance Group

OCTOBER 27, 2018

Insuring The Liquor Business. Title: President and CEO, Hospitality Insurance Group. For the last three decades, Richard Welch has held a variety of roles in the insurance industry in Massachusetts and Connecticut. It then expanded its model and now sells to a variety of different kinds of insurance in other states.

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Insurance License Restaurant Law Travel 60

Modern Restaurant Management

MARCH 18, 2020

” The Association proposed three separate categories of protection for industry restaurants and employees: directed/targeted financial relief; loans/insurance options for impacted small businesses; and tax measures. Loans/Insurance Options for Impacted Small Businesses. Federal Loan Program Equal to Lost Revenue.

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Insurance Employee Relations 2002 2001 172

Modern Restaurant Management

DECEMBER 21, 2023

In the hospitality industry, the last thing you want is a phone call from the alarm company at an early morning hour about a fire, break-in or other disaster at your business. Society Insurance bears no responsibility for the accuracy or content of linked or cited material. Picture this – it’s 5 a.m.

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2024 Kitchen Safety Cash Management Insurance 189

Modern Restaurant Management

SEPTEMBER 21, 2021

This is the appropriate strategy for a smaller operator with a single restaurant or with a limited number of restaurants that has to be fully insured. In addition, a hospitality company needs to understand how their carrier partner can assist with growth. The brokerage approach focuses on a simple analysis of per unit cost.

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Insurance Design Pricing Magazine 179

Hospitality Insurance Group

MAY 16, 2019

(May 16, 2019) — A founding member of Hospitality Insurance Group’s Board of Directors has retired. Gerald Cassidy, who brought decades of insurance experience and knowledge to the Board, announced his retirement on May 8, 2019. President & CEO of Hospitality Insurance Group. “I McGrail, HIG Chairman.

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Insurance Hospitality 2008 License 60

Modern Restaurant Management

DECEMBER 7, 2021

For leaders in the restaurant and hospitality industry, now is the time to adapt. No longer will it be sufficient to simply offer benefits like paid leave, childcare assistance, and health, dental and vision insurance. For leaders in the restaurant and hospitality industry, now is the time to adapt.

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2022 Operations Recruiting Hiring 197

Modern Restaurant Management

MAY 18, 2022

In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent Voluntary supplemental insurance plans, accident, critical illness, and hospital indemnity for example, remain popular in the restaurant sector. With the rise in the general inflation rate, will it be this low? This compared to 5.0

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Insurance 2022 2023 Technology 212

Modern Restaurant Management

DECEMBER 27, 2023

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. It’s a continuing problem into 2024 for establishments that serve, making it critical to have adequate liquor liability insurance. Here’s an overview. But it’s hard to get and very costly.

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2024 Insurance Recruiting Restaurant Law 117