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labor costs

Workforce

Half of restaurants have stopped hiring because of labor costs, study finds

 By Peter Romeo on Sep. 13, 2022

The small-business survey from Alignable.com also found that 9% of operators are laying off workers because they fear the economy is worsening.

Workforce

California's FAST Act may still hit the small chains and independents it's meant to spare

 By Lisa Jennings on Aug. 31, 2022

Those outside the fast-food sector worry they may have to raise wages to compete for workers.

Operations

Restaurants say operating conditions are worsening

By Jonathan Maze on Aug. 18, 2022

Nearly 90% of operators told the National Restaurant Association that costs are higher than 2019 and many operators say they are unable to repay pandemic loans.

Workforce

Restaurants win a battle over California's pay disclosure bill, but the war could persist

By Restaurant Business Staff on Aug. 15, 2022

Working Lunch: Here's what's driving the demand that employers post their payrolls

Financing

Burger King franchisee Carrols sees its inflation problems easing

By Jonathan Maze on Aug. 11, 2022

The burger chain’s largest operator said it believes its labor costs and commodity prices are improving, which could help its profit margins later this year.

Workforce

Nearly 40% of restaurants hit the brakes on hiring because of inflation, study finds

By Peter Romeo on Jul. 22, 2022

A survey found that 4% are even laying off workers because of pay rates and fears of a recession.

Financing

For restaurants, 2022 has been a year to forget so far

By Jonathan Maze on Jul. 06, 2022

The Bottom Line: High labor and commodity costs have eaten into margins and a bear stock market has wiped out valuations. And now the economy appears headed for a recession.

Technology

Increase employee satisfaction, reduce turnover and save labor with one easy strategy

Sponsored content from our partner TipHaus on Jun. 27, 2022

  Over the past two years, the restaurant industry has had to deal with challenge after challenge after challenge—often with barely any time in between to recover. From dining room closures to...

Financing

How operators can overcome thinning profit margins

By Jonathan Maze on Jun. 01, 2022

A Deeper Dive: Jim Balis, managing director with CapitalSpring and CEO of the operator Sizzling Platter, joins the podcast to talk about the best strategies for dealing with rising labor and food costs.

Financing

Restaurants’ finances turned south in a hurry

By Jonathan Maze on May 19, 2022

The Bottom Line: Margins were fine last fall as sales recovered. But high food costs on top of high labor costs have done them in. And some concepts are already feeling the pain.

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