From the ongoing effects of the COVID pandemic, unemployment premium payments and competing with the “gig economy”, the quick service restaurant industry continues to face crucial labor shortages on top of high employee turnover rates. Owners and managers are seeking new ways to attract and retain staff through company culture and employee benefits. The rise…
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After a one-year deferral, ASC 842 goes into effect for private companies at the end of this year. The new accounting standard published by the Financial Accounting Standards Board (FASB) requires companies to track and disclose all leased assets – including commercial real estate leases. To help Dunkin’ franchisees prepare, experts from Leasecake and the…
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Take a closer look at a few of the myths about background checks that may be holding your Dunkin’ franchise back. Learn about the complexities of background checks and how simple changes can completely streamline your process. Making safe and quick hiring decisions in the fast-paced world of food service can be challenging. At True…
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Learn more about on-demand pay and how it functions as an employee benefit. In fact, it can lead to as much as a 48% reduction in voluntary exits, a reduction of 74% in absenteeism and a 50% drop in hiring costs. All of these actions can directly – and positively – affect your bottom…
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In February, the federal Bureau of Labor Statistics reported that bars and restaurants added 286,000 jobs across the United States. As the weather warms up and consumers gain more confidence, many franchisees are making plans to ramp up their hiring. In a competitive market, those who connect with candidates the fastest may get the best…
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Deep dive with Workstream on the top 3 methods franchisees can use to double the number of qualified job applicants for each opening posted. These proven methods can be implemented almost immediately and have been key success factors for countless hiring managers, especially during the coronavirus pandemic! In addition to detailing and explaining these…
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Training new and existing employees is critical to successfully running your operation. Proper training can reduce turnover, improve performance, lower costs and heighten the safety of you staff and customers. With the restrictions of COVID, we are now forced to modify training and find other ways to get staff the necessary and required training. Most…
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Desmond Lim is the co-founder and CEO of Workstream.us. A former restaurant operator and the first in his family to immigrate to the United State and attend college. A graduate of MIT and Harvard University, Desmond has helped hundreds of franchisees from Dunkin’ and other major brands with HR issues, recruiting, technology and software. When…
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This presentation covers investment and tax strategies that may allow more of your capital work for you. Content will include reviewing events that might trigger personal and/or corporate tax liabilities, current tax policy and non-product specific solutions meant to mitigate those taxes. Kyle Kadish, the President of Advantage Wealth Solutions, conducts this program along…
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The pandemic has forced you and other businesses across the United States to try and quickly adapt to the “new normal.” While layoffs and safety protocols were the initial concerns, the “new normal” presents different challenges in employee recruitment, retention and employee financial wellness. Alex Abid, Customer Success Manager for Tapcheck, Inc. will present…
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