High labor costs are one of the biggest concerns that restaurants are struggling with in 2016, and the number of restaurants stating labor as their largest concern is only increasing. Overtime rates and minimum wage is only going in one direction, and one of the best ways to make sure this does not change your businesses success rate is by increasing productivity.
In any situation the goal is to make more money than you are spending, and this is essential to any restaurant. This is becoming an increasingly difficult challenge in the restaurant industry with higher labor prices. It is seemingly impossible to have an employee on the clock for enough time, but this can change by increasing that employee’s productivity. If an employee has necessary technology and skills, the time it takes them to do a task will decrease, and you will need fewer employees for shorter amounts of time. This can help you balance your costs quickly and effectively.
Restaurant News has more about how adopting new technology and implementing new strategies can help your business succeed. More…
