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How to Fight Rising Costs in a Tough Labor Market
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Originally Aired: Thursday, July 26, 2018 at 02:00 PM Eastern
Due to rising wages across the country, labor costs increased 1.1 percent per unit from 2017 to 2018. And unfortunately, there’s no light at the end of the tunnel for restaurant operators. In fact, labor costs are expected to increase approximately 50-100 percent over the next five to seven years, according to research firm Technomic.
These increased costs are the new normal, which means restaurant operators need to optimize their labor spend to save money and drive revenue. That’s no easy feat given the increasingly complicated restaurant labor market.
Join this webinar with Andreas Mettler, business sales executive at HotSchedules, for an in-depth discussion of:
- The labor challenges operators face, including low unemployment, difficulty finding talent and more.
- How a labor management platform can help you stay competitive by optimizing your labor costs.
- Steps you can take to become an employer of choice in a saturated market.
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Presenters
Andreas Mettler, Business Sales Executive, HotSchedules
Andreas Mettler, Business Sales Executive at HotSchedules, has over 20 years' experience in restaurant technology and operations. Andreas serves international restaurant brands modern and scalable back-office technology for their workforces. He has a masters degree in business administration from the University of Phoenix and calls Atlanta, Georgia home.
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