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labor costs

Workforce

Where restaurants see a margin squeeze, workers find financial hope

By Peter Romeo on Aug. 03, 2021

Realistic or not, a $15 wage holds the promise of a better life for restaurant employees.

Workforce

At McDonald’s, higher pay and benefits start yielding results

 By Jonathan Maze on Aug. 03, 2021

The burger giant and its franchisees are getting more applications, and argue that people who start their careers at one of their restaurants have better financial security later in life.

Financing

Many restaurants already pay $15 an hour

By Peter Romeo on Aug. 03, 2021

A survey of operators found nearly 30% already pay $15 an hour, but most are skeptical that the business can function at that pay level.

Financing

Why Domino’s says its company locations are too profitable

By Jonathan Maze on Jul. 23, 2021

The pizza delivery chain says it has lower labor costs within in its restaurants than it would like, which is hurting service, says RB’s The Bottom Line.

Workforce

New studies blame tipping and service with a smile for stoking sexual harassment

By Peter Romeo on Jul. 22, 2021

The academic reports blame the high incidence of sexual harassment on restaurants to two long-standing traditions.

Financing

Restaurants are navigating a ‘perfect storm’ of inflation

By Jonathan Maze on Jun. 29, 2021

The industry is facing rising costs for labor, food and real estate and could look a lot different in the next 12 to 18 months, says RB’s The Bottom Line.

Financing

Restaurant menu prices continue to rise as labor costs soar

By Jonathan Maze on Jun. 10, 2021

Food away from home prices rose 0.6% month-over-month in May, and 4% over the past year, as inflation at full-service restaurants hit a 13-year high.

Workforce

Red Robin says it has its labor problems licked

By Peter Romeo on May 26, 2021

Because of a new approach to hiring and training, the casual chain should be fully staffed by early summer, CEO Paul Murphy told investors.

Workforce

Editors' Roundtable: Why restaurants are facing a labor shortage

By Jonathan Maze and Peter Romeo on May 24, 2021

Editors Jonathan Maze and Peter Romeo discuss the industry's current labor challenge, why restaurants are facing the issue, and how to get out of it.

Financing

McDonald’s expects to pay $15 an hour at company restaurants by 2024

By Jonathan Maze on May 12, 2021

The Chicago-based burger giant is giving workers a 10% raise and is boosting its starting wage to $11 to $17 an hour amid an unprecedented shortage of labor.

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