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labor costs

Financing

A debate on the long-term impact of the labor challenge on restaurants

Will the labor shortage prove worse for the industry than the pandemic? RB editors Jonathan Maze and Peter Romeo debate that question on the “A Deeper Dive” podcast.

Workforce

Noodles & Company sees retention boost after adding employee benefits

The fast-casual chain released its first impact report Thursday, noting that both management turnover and hourly employee turnover have decreased.

The fast casual said its average hourly pay will now be $14, a 15% increase for most employees, as it continues a major hiring push.

Starting Dec. 28, the 80/20 rule is back in effect, along with a 30-minute limit on credit-qualifying side work.

Paid time off, retirement, tuition and childcare are all more common now than they were before the pandemic as companies look to remain competitive.

MTY Global says it is delaying openings and closing some restaurants during the week because it cannot find enough workers.

Industry employment leveled off for a second month despite a steep climb in wage rates, according to the latest measures from the U.S. Bureau of Labor Statistics.

Back in the day, restaurateurs didn’t have to worry about that sort of thing. Trouble is, we’re no longer back in the day, says RB's Reality Check.

“Our brand is back and we are stronger than ever,” the eatertainment chain’s CEO said Thursday, noting the company has emerged from the pandemic hitting new high watermarks on nearly all financial metrics.

An early shopping season and fewer seasonal workers could intensify demand for employees this season, according to a Snagajob study.

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