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How the labor crisis is rooted in rising wage demands | Nation's Restaurant News - Vimarsana News

How the labor crisis is rooted in rising wage demands | Nation's Restaurant News

Your Pie “To blame this all on unemployment benefits is unfair,” said Efrem Yates, a Your Pie franchisee with three locations in the Raleigh-Durham, N.C., area. “Everyone had to make tough choices this past year — there are parents that had to leave their jobs because they became the primary caregiver. There are so many layers to this.” For Yates’ restaurants, getting employees in the door has been much more challenging than fighting the turnover rate, and he cites the highly competitive job market, which has pushed restaurants to raise their wages just to compete. All three of hi...

Source: nrn.com
Foodservice positions increase in May as jobless rate dips to 5.8% - Vimarsana News

Foodservice positions increase in May as jobless rate dips to 5.8%

Ron Ruggless Staffing difficulties led this Spring Creek Barbeque location in Addison, Texas, to close temporarily and post signage explaining the situation. Foodservice positions increase in May as jobless rate dips to 5.8% A third of all new hiring in the month was in eating and drinking sector as operators offer interview incentives and special applicant days The nation’s unemployment rate fell to 5.8% in May, the U.S. Bureau of Labor Statistics reported Friday, as the foodservices and drinking sector added 186,000 jobs — a third of the 559,000 positions gai...

Source: nrn.com
Presto rolls out product suite aimed at improving restaurant labor - Vimarsana News

Presto rolls out product suite aimed at improving restaurant labor

Dive Brief: Restaurant technology company Presto launched a product suite called Staff Multiplier to provide tools to help restaurants contend with the current labor crisis, according to a press release sent to Restaurant Dive. Staff Multiplier offers various technologies that increase guest-to-staff ratios, improve speed and quality of service, identify bottlenecks and improve the guest experience, according to the release. This includes handheld tablets that can be used at the drive-thru or on the dining floor to pull up loyalty information and take payments, voice ordering technology, pay-...

Restaurant labor woes' ripple effect on rent payments - Vimarsana News

Restaurant labor woes' ripple effect on rent payments

Restaurant labor woes' ripple effect on rent payments Far from needed for beleaguered restaurateurs, another issue has cropped up to stymie a return to brighter days. Nearly half of owners surveyed said they're likely not going to make rent this May and it's all the result of not being able to hire enough workers. Forty-nine percent of restaurant owners polled said they can't reach revenue goals because they can't find enough workers. As a result they can't meet their rent payments either. (Photo: iStock) For restaurateurs a new operational thorn has emerged that is shaping up to be a direct ...

How 23 restaurant companies performed in their most recent quarters - Vimarsana News

How 23 restaurant companies performed in their most recent quarters

As sales show signs of improvement, the industry turns to its next crisis: Labor More than one year into the COVID-19 pandemic, the restaurants are finally starting to see some glimmers of hope. According to Black Box Intelligence, the industry saw stronger two-year sales for the second consecutive month in April, with same-store sales growth of 6.8% on a two-year basis. That made April the best month for restaurants based on sales growth in over three years. Restaurant companies’ earnings are beginning to reflect the same improvement. Most recent completed earnings periods included a...

Source: nrn.com