This topic contains a solution. Click here to go to the answer

Author Question: Discuss the value of benefits. What will be an ideal response? ... (Read 62 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
Discuss the value of benefits.
 
  What will be an ideal response?

Question 2

List three examples of incentive programs that might be used in a restaurant.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessofishing

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

Benefits are part of a comprehensive compensation structure and can be classified in four broad
categories: mandatory, optional/voluntary, retirement, and miscellaneous. Mandatory benefits
are those mandated by the state or federal government. There are three primary mandatory
benefits that most nongovernmental employers must provide. These are Social Security, Workers
Compensation, and Unemployment Compensation. Common optional benefits include paid sick
days, paid vacation days, health insurance, life insurance, dental insurance and paid holidays.
The cost associated with each of these benefits can be significant. Retirement benefits include
pensions of various types. Miscellaneous benefits often include free or discounted meals,
educational scholarships and flexible work schedules. In the foodservice business it is common
to provide some type of meal benefit.

Answer to Question 2

One common management incentive is structured around the achievement of a specific food
and/or labor cost target and/or a profit level for the operation. Generally the reward for
achieving the target may be a bonus or profit sharing. The level of bonus or profit sharing
generally is scaled according to the level of the employee. For example, the chef would receive
more than the sous chef, but the chef would receive less than the general manager. A related
second type extends to the other staff in the front and back of the house. If a property achieves a
specified goal, there may be a bonus for all team members. Another third common type of
incentive program in the restaurant business is sales based. An example is creating a reward for
the server who sells the most wine or desserts. Generally these types of programs are intended to
accomplish two goals. The incentive is designed to increase overall sales as well as to drive sales
of a particular part of the menu or menu item.




Mr.Thesaxman

  • Member
  • Posts: 514
Reply 2 on: Aug 10, 2018
Excellent


vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library