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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Six Most Read 2021 Insights

Most Read Restaurant Insights

As 2021 draws to a close, we’re revisiting our most popular insights over the past year. Here are the most-read posts on https://www.consulttogrow.com/thoughts/. 6. Total Rewards that Drive ResultsGiven the labor market the restaurant industry is facing, make sure you’re investing in recruitment, retention, and operational results.  Read the full blog post. → 5.  A North…

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How to Develop your Vision, Values & Mission Statement

How to Develop Your Vision, Values & Mission Statement

Can you imagine being fired your first week on a job because you were trying to be proactive? That’s what almost happened to me during my first week working at Raising Cane’s Chicken Fingers in 2001. Learning the vision, values, and mission statement was essential to me understanding where I went wrong. How the value…

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Restaurant Financial Benchmarks: How Do You Compare?

Restaurant Financial Benchmarks: How Do You Compare

Restauranteurs often go into the hospitality business because of their love of food and people. That love doesn’t always translate to profits. When a restaurant isn’t making money, it’s an expensive hobby at best or a high risk financial investment at worst. What can you do if you’re restaurant is not profitable enough or at…

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How to: Assessing Restaurant Talent

Company-wide performance is highly dependent on restaurant-level shift leaders and the managers above them running high-quality shifts that ensure operations meet or exceed: operational standards, commitments to the team and customers. Restaurant groups are only as strong as the weakest shift run in the business, which makes assessing restaurant talent, especially at the management level, crucial. …

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A North Star Metric: Focusing Your Business Growth

The “Great Conjunction of 2020” is set to brighten the darkest day of the year on December, 21, 2020, as two giant planets (Jupiter and Saturn) draw closer together. The last time the two planets were so close was in 1623. These two gas giant planets will appear close while they are actually hundreds of…

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10 Ways to Lead a Perfect Restaurant Shift

The Perfect Restaurant Shift

The Perfect Restaurant Shift is a key ingredient in the recipe to having a strong restaurant business. Here are 10 ways you and your restaurant management team can lead highly effective shifts to make your restaurant as successful as possible. Set the Tone for the Restaurant Shift Be a working manager.  Lead by example. Be the…

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Ending 2020 Strong: 21 Ways to Build Restaurant Sales

Win the Fight... End 2020 Strong! 21 Ways to Build Restaurant Sales

To say 2020 has been an all out brawl for restaurant operators is an understatement. You are here. You made it this far. That makes you a warrior. The courage it has taken to fight for your business, crew, customers and community is unimaginable. Be proud of yourself and your team. We totally believe you…

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How to Drive Results by Setting Restaurant Goals

Setting Restaurant Goals Diagram

Are you wondering why you should even set goals for your management team? Shouldn’t managers show up and do their best every day? Setting goals shows restaurant managers where they need to focus their time which helps them prioritize work each and every shift. In fact, research supports that setting strong goals boosts performance. Restaurant…

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Total Rewards that Drive Results

Total Rewards that Drive Results Cover

What are Total Rewards? Total Rewards is a more inclusive term for the potential ways you can inspire, engage and incentivize your restaurant team members. At Consult to Grow®, we’ve adapted the Total Rewards model from WorldatWork for restaurants to include: compensation, benefits, schedule flexibility, training & development, recognition & rewards, and performance feedback. Our model is…

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