Restaurant and Foodservice Salary Tools Key Terms
Know restaurant and foodservice salary tools key terms to help calculate employee compensation and benefits
Learning how to determine restaurant and foodservice employee base salaries, compensation and benefit rates can be a difficult thing to do for any business owner, no matter the size of the business. Thankfully, working with restaurant and foodservice salary tools such as salary ratings, reports and software programs will help take the stress out of this task. There are key terms used for each of these programs that describe functionality. Learn the key terms for restaurant and foodservice salary tools to find the salary tool that meets the needs of your business so that you can get the job done efficiently and correctly.
Profession-specific salary surveys
Profession-specific salary surveys offer those in the restaurant and foodservice industries the ability to rate and compare salary information for more than one type of position. This type of salary tool is essential for restaurants and others who have many employees and need to have comparative information about hourly rates, bonuses and vacations.
Try: Use profession-specific salary surveys at PayScale to determine salaries for your restaurant and foodservice employees.
Salary wizard
A salary wizard is an online tool that can generate analysis about base salary, bonuses, benefits and pay checks for employees. Restaurant and foodservice employers simply need to enter the name of the positions and receive a full statistical report.
Try: Use the salary wizard at Salary.com to help determine restaurant and foodservice salaries for your employees.
Industry specific salary reports
Most employers don't have the time to create salary reports for all of their staff, but thankfully there are businesses that will generate these reports for you. Once job positions and other information has been entered, industry specific salary reports can generate analysis about restaurant and foodservice positions including job descriptions, total annual direct compensations and demographic estimates.
Try: Browse through the listing of restaurant and foodservice jobs included in the industry salary reports featured at the Economic Research Institute.
Salary and compensation software
There are many types of salary and compensation software programs available that restaurant and foodservice employers can use as salary tools. These types of software programs can generate reports for thousands of different job positions including those in the restaurant and foodservice industries.
Try: Read the information about the salary and compensation software program to help employers determine restaurant and foodservice pay scales at SalaryExpert.
Online salary calculator
An online salary calculator is a great way to determine restaurant and foodservice employee salary ranges. Type in the name of the restaurant and foodservice position and any other information that is required and the online salary calculator will give a listing of salaries. Some online salary calculators use information including years of experience and location to determine employee salary information.
Try: Use the free online salary calculator at CareerBuilder.com as a restaurant and foodservice salary tool.
Occupational Outlook Handbook
The occupational Outlook Handbook was created by the Bureau of Labor Statistics and includes statistical information about earnings of restaurant and foodservice employees. Employers can take this information and apply it when determining employee salary ranges.
Try: Read the Occupational Outlook Handbook at the Bureau of Labor Statistics to find restaurant and foodservice salary information.
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