posts tagged as human resources

By Restaurant Practice Leaders | April 01, 2021

5 Ways Restaurants Can Reduce Employee Turnover in 2021

While the hospitality workforce, by nature, will always be more transient, restaurant operators do have the power to minimize turnover on their teams. Here are five ways employers can ensure that their most reliable, hardworking and... read more

By Restaurant Practice Leaders | June 05, 2019

First-Time 401(K) Plan Audits: What to Expect

For restaurants starting a 401(k) plan to better attract and retain talent, one of the most significant mandates they should be familiar with is the audit requirement. In the second installment of our Employee Benefits blog series, we... read more

By Kari Maue | April 22, 2019

Starting a 401(K) Plan: What You Need to Know

Faced with a tight labor market, many restaurants are looking into offering defined contribution plans as a way to attract and retain talent. read more

By Lisa Haffer | April 20, 2018

Tip-Off on Tip Pooling: The Omnibus Spending Bill Amends the FLSA

The omnibus spending bill signed in March generated a lot of buzz, but not a lot of substantive coverage on the specific provisions. In fact, restaurant owners may be surprised to learn that the bill amended the FLSA’s tip pooling... read more

By Valerie Voss | August 22, 2016

Should Your Restaurant Outsource Accounting Functions?

Standardizing and simplifying finance and accounting processes is an essential characteristic of a well-run organization. Whether the accounting function is in-house, co-sourced, or outsourced, it’s key for restaurants to ensure they... read more

By Restaurant Practice Leaders | December 11, 2015

What Ingredients Go into the Perfect Talent Recipe?

Satisfying the appetites of your restaurant operations starts with one main ingredient: your employees. read more

By Restaurant Practice Leaders | September 04, 2015

Coaching restaurant owners on succession planning

Proactive succession planning is fundamental to owning a successful restaurant business. read more

By Restaurant Practice Leaders | July 24, 2015

How the Restaurant CFO Role is Evolving

Until recent years, a restaurant CFO job description required accounting experience, street smarts and good character.  read more

By Restaurant Practice Leaders | May 14, 2015

401(k) Plan Compliance: Understanding Audit Requirements

Does your 401(k) Plan need an audit? With the July 31st reporting deadline for employee benefit plan Form 5500s quickly approaching, it’s important for restaurants to be familiar with the 401(k) audit compliance rules before it... read more

By Restaurant Practice Leaders | February 12, 2015

Make Sure Your 401(k) Plan is in Compliance

By now, you should have completed requests from your third-party administrator (TPA) regarding employee census data, including dates of birth, dates of hire, number of hours worked last year, and... read more