Staff wages are often the biggest cost for any hospitality business, so tight management is required. You may forget some factors that are involved in roster generation. Rosters are often created last minute because of last minute updates and changes and individual circumstances are inherently like that. What is important is that you make sure the shifts are always filled.
2. Public Holidays
Some of the most overlooked details are public holidays and other celebrations that may affect trade, balancing a right mix of staff, arranging for pre-approved leaves and compliance with industry awards.
3. Wage costs and Productivity
Use a rostering system to regularly check the important details. Find out if your wage costs are increasing and if there are emerging trends that you need to keep up with. It is important to watch your costs and maintain them at a percentage of your budget but without a system in place, it can be pretty time consuming. Analyse your wage costs, percentages and labour productivity in relation to your expected sales before announcing the rosters.
Consult the experts about business management and rosters. Click here to speak to Sky Hospitality Accountants Ballarat who specialise in the hospitality industry. We are big believers in the use of professional tools to manage your business. The right tools can streamline your processes so that the business is best placed to trade profitably.
You can click here to speak to a business, accounting and bookkeeping firm. We also offer hospitality business consultation and mortgage services. We will give you a call to know more about your needs. We will explain to you how we can improve your business.
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