Going cashless to improve employee retention
Digital payments have exploded as consumers embrace the ease of tapping and swiping and the security of going cashless. But the speed and convenience of digital payments aren’t just for consumers—foodservice operators can leverage digital payments options to streamline operations and tackle key labor challenges.
From cashless tipping to paycard solutions, new workforce payments technologies can turn the most onerous tasks—such as tip distribution—into a seamless process that can be completed in minutes. Plus, these innovations can help attract and retain talent: offering restaurant workers fast, easy access to their tips and earnings can reduce turnover and improve customer satisfaction.
Learn more about these new solutions and how they can serve up a win-win for operators and their employees.
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1Implementing cashless transactions for employees can save time, gain operational efficiencies. Read more
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2Today’s workers have new demands when it comes to what they want out of an employer. It’s no longer adequate to offer bi-weekly paper checks and cash tips. Read more
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3The pandemic saw countless great restaurants shut their doors for good; now the ones that survived face a number of uphill battles, most importantly recruiting and retaining enough talent. Read more
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4The hospitality industry has long been known for its fast-paced, ever-evolving nature. Operators and managers are constantly having to stay flexible in order to meet the latest changes and demands. Read more
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5Paying your employees quickly and correctly each pay cycle is a monumental task that often goes under-appreciated. For businesses that employ tipped workers, the task is made even more complex—employees are more incentivized by being able to take home tips immediately, and employers also need to tip Read more
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6“Some restaurants go about cashless tipping by adding tips to their employees’ paychecks—those restaurants have high turnover. They can’t retain employees to the same level. Their employees aren’t as happy. So that was out of the question; no server wants that.” Fati Mixha, Owner Read more