ReHire with Resilience Payroll Calculator and Wage Model Assessment Tool
An indispensable financial planning tool for food service businesses modifying their wage and compensation model
ReHire CALCULATOR oFFERS:
Comprehensive payroll statements and worker’s compensation projections
Impact on income tax credits and company hiring/training cost savings
Provides restaurateurs with consultations to interpret results
Increases hiring advantage and employee retention rates
Offers wrap-around services to support your success when you join Resilient Restaurants (joining Good Business Colorado as a voting or non-voting member is required to be a member of Resilient Restaurants.)
Easy-to-Participate program requires readily accessible basic payroll and business data and only ten to twenty minutes of your time to gather and submit information for a first round report
If you implement an equitable wage and compensation model you are creating a culture where your entire staff is more interdependent and cohesive as a team, and you’re significantly improving a myriad of failures in the traditional sub-minimum wage tipping model so embedded in American culture.
Your business service concept and staffing requirements are key factors in determining the best wage model for you. Your need for entry level positions and experienced leadership positions is also important. We work with independent restaurants that generate under $600,000 per year and over $3M, and are able to assist everyone interested in implementing equitable wage practices.
Payroll Pro Forma Statements and a comparative Summary Report are used to determine the best model to refine for your final business implementation.
ReHire Wage Calculator Insights
Resilient Restaurants has created a pro forma payroll calculator and wage model assessment tool designed to inform restaurant leadership about the best equitable compensation model for their business and staff. Businesses submit their current staff positions, their wages and weekly hours for entry into the ReHire Calculator, then set up a consultation to review the reports we will provide free of charge.
Insights you’ll gain from this program:
Instant projections based on modifying wages, service charges and shared income distribution formulas
How to equalize the income made between your kitchen and hospitality staff
How to increase employee income without additional burden
How to raise money to offer employment benefits
What impact will all of this have on your bottom line
Impact on worker’s compensation premiums and income tax credits
Menu Pricing adjustments
FREE 30-minute Wage Model Transition Consultation
Resilient Restaurants offers a complimentary 30-minute consultation with business owners who are interested in seeing our reports that show payroll projections if you implemented one of three alternative wage models; Full House Service Charge, BOH/Benefits Service Charge, or a Full House Tip Pool.
Please register for your consultation by filling out and submitting the form on this page. You will be contacted by our staff to confirm your details and scheduled appointment. Please follow additional instructions on the Registration Form and your confirmation email.
We have a network of professional service providers to help ReHire program participants with their financial, HR and legal needs as they transition to a more equitable financial model.
EXPANDING THE CONVERSATION and increasing adoption rates of equitable compensation models is essential to align our food service industry with practices that create long-term quality of life for everyone
Colorado Restaurants Consider Higher Wages to Attract Workers, Pagosa Daily Post, Faith Miller, September 1st 2021
Restaurants consider higher pay, new wage models to attract workers, Colorado Newsline, Faith Miller, Aug 30th 2021
Restaurants must become resilient, The Durango Herald, opinion piece, August 29th 2021
Restaurant Labor Shortage Demands a Values-Centric Food-Service Culture, Westword opinion piece, August 29th, 2021
Colorado restaurant worker shortages . . ., Denver Business Journal, Ed Sealover, August 25th, 2021
Job Hiring Tool aims to help Colorado businesses, Ashley Nanfria, Fox21 News, August 11th, 2021
Statewide campaign launching to help Colorado businesses . . . , Montrose Press, August 4th 2021
Resilient Restaurants launches hiring tool, Colorado Springs Business Journal, Jeanne Davant, August 2, 2021
Restaurants cook up new wage models, Colorado Springs Business Journal, Jeanne Davant, July 16th 2021
Viewpoint: Paying a fair wage pays off, Restaurant Hospitality, Elliot Strathmann | Jun 25, 2021
A LEGAL WAGE MODEL Q&A WITH B-CORP LAW FIRM MILGROM & DASKAM
Please join Resilient Restaurants and Milgrom & Daskam, a Denver-based law firm and certified B-Corporation, for a fresh presentation on compensation models that increase equity in our workforce and improve the paradigm of food service employment. Service charges, tip pooling and hospitality included models will be covered, plus their influence on offering full-time employment benefits.
Speakers:
Amanda Milgrom, Partner & Executive Director
Jason Fisher, Associate