posts tagged as Minimum wage

By Restaurant Practice Leaders | September 16, 2019

The Counter: Restaurant Industry Scorecard for Q2 2019

The restaurant industry fared well through the second quarter of 2019, with same-store sales growing a healthy 1.8% overall despite growing labor costs and shifting consumer dining habits. But to keep the momentum going, restaurants are... read more

By Restaurant Practice Leaders | June 13, 2019

The Counter: Restaurant Industry Scorecard for Q1 2019

Restaurants fared well through the 1st quarter of 2019, posting a 1.5% gain in same-store sales for the industry overall. But, as pressure on profit margins and fierce competition continue to weigh on the industry, some restaurants are... read more

By Restaurant Practice Leaders | June 10, 2016

How Does Your Restaurant Compare? Q1 2016 Benchmarking Update

Each quarter, we take a look at the operating results of publicly traded restaurant companies and compile useful insights on their performance and the economic factors affecting the industry. Continue reading for timely benchmarking... read more

By Adam Berebitsky | May 12, 2016

Proposed Non-Exempt Overtime Rules to Affect Restaurant Industry

During our recent Restaurant CFO Roundtable held May 4 in Solon, Ohio, labor attorneys Seth Briskin of Meyers, Roman, Friedberg & Lewis and Susan Rodgers of Buckingham, Doolittle & Burroughs, discussed the Department of Labor’s (DOL... read more

By Giselle El Biri | December 16, 2015

To Bonus or Not to Bonus

Bonuses are used as a tool to help motivate employees—from the front of the house to the back of the house—to reach quantitative and qualitative performance goals. Bonuses can also help attract and retain and talent. read more

By Lisa Haffer | November 05, 2015

Economic Considerations of Eliminating Restaurant Tips

Is the U.S. restaurant tipping model on its way out? Amid concerns over whether compensation for back-of-the-house and front-of-the-house employees is fair and how the push for raising minimum wage... read more

By Restaurant Practice Leaders | February 10, 2015

Are the scales tipping towards no tipping?

There is a trend slowly picking up steam in the restaurant industry – and it has nothing to do with bacon, kale or cronuts. Across the country, from New York City to California, restaurants are adopting no-tip policies. read more