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Key Issues Facing Irish Restaurateurs
It’s no surprise that that food services in Ireland were among the hardest hit businesses as a result of the Covid pandemic. The industry has shown adaptability, perseverance, and tenacity to survive. Now believing that the worst part of the crisis has passed, the industry needs to look at ways of reducing costs and improving efficiencies.
With leaner teams and limited resources, restaurant owners will need to focus on staff motivation and technology to help overcome some of these obstacles and help with their overall operations.
Staff morale
There have been many reports of poor staff morale in the hospitality industry, with five common themes emerging.
Fear of being exposed to the virus
Inadequate safety policies
Job insecurity
Inconsistent pay and hours
Lack of health benefits and paid time off
All of which have added to increased occupational stress and led to uncertainty for staff to return to the restaurant industry.
Payroll is undoubtedly one of your most significant expenses and time-consuming, a lack of expertise can result in late penalties and unhappy employees.
Outsourcing
...
... Your restaurant’s payroll services is the best way to ensure that your employees are paid correctly, on time, and without any hassle. And because you aren’t responsible for paying employees benefits like health insurance, it means more money comes back to your restaurant.
There are other distinct advantages to outsourcing, not to mention giving you peace of mind so you can spend more time running the other areas of your business.
Let’s take a look at some other benefits:
Time saving
Reduced costs
Lower risks
Higher-level of accuracy
Potential tax benefits
Latest accounting legislation
Increased efficiency
Improved profitability
Latest technology
Technology and innovation
Here’s a quick list of digital trends and tools that will help you to stay up-to-date, and ahead of the competition in 2022.
Online ordering systems and delivery apps
Contact less payment
Online reservations
Digital kitchen boards
Inventory management software
QR codes
Air purification technology
Automated payroll (via outsource partner)
Working with a payroll service provider means that you will be able to take advantage of the latest in accounting technology. This will also help to can accelerate your employees’ motivation which leads to the restaurant’s growth; improve credibility; helps to reduce operational costs and make capital investments towards your restaurant’s progress.
What to look out for in a payroll partner, questions to ask
Are they using the latest technology?
Will they provide regular reports?
Do they have a continuous training programmer in place?
Can they provide you with customer testimonials?
Osservi is an Ireland based Payroll Accounting Service Provider. We offer a personalised, customized and professional approach to cover an entire range of payroll services to small, mid-sized and enterprise-level restaurants and hotels.
Our flexible payroll schedule includes weekly, bi-weekly, monthly, bi-monthly, quarterly and yearly payroll processing whether you have 1 employee or more than 200 employees. We can facilitate and manage employees who work as full-time employees, part-time employees, contractors, freelancers and project-based employees.
For any enquiries related to payroll accounting feel free to contact us on +353 1800 938 796 or mail us at info@osservi.ie
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