One of the approaches used to calculate restaurant labor cost percentage is basing it on the restaurant’s total sales: You can calculate labor costs percentage using the following methods: You can then use this data to make future predictions and schedule your staff accordingly. You can easily determine your restaurant labor costs after a shift. Although there are several ways of calculating labor costs percentage, an effective approach is basing the calculation on hours worked. How do you calculate restaurant labor cost percentage?Īnything in a restaurant classified as labor-related is considered when calculating restaurant labor cost percentage. Other expenses that form part of labor costs include health care, payroll taxes, overtime, bonuses, sick and vacation days. This amount has a direct impact on prime cost, which is a key metric used in examining the efficiency of the restaurant. This includes the pay made to both hourly wages and salaried workers, employee benefits, and taxes.
Restaurant labor costs are the total dollar amount that your business spends on labor. Ways of lowering labor costs in a restaurant.What is the ideal restaurant labor cost percentage?.
#LABOR HOUR CALCULATOR HOW TO#
How to calculate restaurant labor cost percentage?.This article will explain this concept in more details With total labor costs comprising 30-35% of the restaurant revenue, calculating them accurately is critical in ensuring you are not making unnecessary losses. This makes labor cost percentage an important metric to calculate and track. Labor costs are the highest cost a restaurant incurs.
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