U.S. restaurant operators face increasing challenges in running a profitable business. Costs are increasing for food storage and food preparation, along with rising prices for meats and vegetables. On top of the steadily rising basic food costs are higher labor compensation levels for executives, managers and kitchen employees, coupled with a similar upward trend in … [Read more]
Tagged As "corporate compensation and benefits"
TDn2K Launches Restaurant Industry Research Outlining Corporate Compensation and Benefit Packages People Report, a TDn2K company, has announced the launch of its 11th annual Corporate Compensation and Benefits Survey (CCBS), the results of which will answer key questions for leaders in the restaurant industry. This survey will reveal valuable information about … [Read more]
Employment pressures continued to grow for the restaurant industry during 2013, despite the fact that the industry’s same-store sales and traffic results were soft during the year and the economy continued to provide mixed signals in terms of its overall strength. Unemployment might still be at historically high levels but the restaurant industry’s growth, currently … [Read more]
Q1 numbers published by Black Box Intelligence and People Report show the restaurant industry experienced continued job growth, rising turnover for both management and hourly employees and an increase in starting salaries for unit level managers. At the end of the first quarter of 2013, the restaurant industry experienced continued job growth, rising turnover for both … [Read more]