Restaurant Pay Planning: How to Navigate 2023 Complexity

Restaurant Pay Planning

The restaurant business thrives on consistency. For the past 10 years (since the recovery from the 2008 financial crisis) the average annual wage increase percentage has been about 3%. CFOs are asking restaurant operations and people leaders for budget indications for 2023 just as organizations and government agencies are announcing all-time high numbers around inflation,…

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How to Re-open Restaurants After a Hurricane

Hurricane Katrina taught us a lot when it comes to re-opening restaurants and business survival. Following Hurricane Katrina’s landfall in Louisiana on August 23, 2005, Raising Cane’s Chicken Fingers closed 21 of its 28 restaurants at the time. It wasn’t until October 28th, 2005, that all locations were reopened and operating at normal hours. Many…

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Now is the Time to Invest in Restaurant Managers

Restaurant manager positions are make-or-break positions for restaurants. Despite that, our investment in management development has never been lower. Prior financial crises and recent COVID austerity have led to diminished investments in time and resources dedicated to developing restaurant leaders. Many of the current leaders were forged in a “Post-COVID” world of impaired training and…

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