Since our numbers continue to give us more of the same, we thought this was a great time to share our latest blog post! We were talking around the (virtual) office about how incentive structures are likely going to look a lot different as teams become coming back to our restaurants, but the business dynamics are nowhere near the same as they were.

My cofounder Roy and I have had a lot of historical success with a model that we thought might actually be an interesting idea for those of you bringing back mangers while simultaneously trying to ramp sales. We thought it was worth sharing – totally recognizing it might work better for some than others.

https://www.marginedge.com/2020/07/23/incentive-program-for-restaurant-staff/

Hope you find this useful – definitely let me know what you think or if you’ve had success with a different strategy that might be worth sharing here!

And of course, find our numbers below.

Stay Safe,
Bo

P.S. For those following along on these notes, but are not a MarginEdge client, we would love to include your numbers in our data set and continue to build out the value of the reporting. We are giving our MarginEdge Lite product for free for the rest of the year for new clients (normally $15/month). This little tool connects your POS to accounting system and creates journal entries – hopefully time saving for you while increasing our sample size as we track recovery across our network. Obviously no obligation or commitment, just an offer for those interested!


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