Payroll & HCM for Restaurants
Managing a restaurant is complex. It involves navigating tip calculations, employee classification, legal compliance, timely payments, and other financial and legal concerns.
Streamline your operations, maintain compliance, and boost employee satisfaction for your restaurant with our expert payroll and HCM services.
Why Does Your Restaurant Need a Payroll & HCM Service Provider?
Running a restaurant goes beyond perfecting your menu; it involves managing tip calculations, employee classifications, legal compliance, and timely payments. IRIS payroll and HCM services provide restaurant businesses with a solution to ensure efficiency and employee satisfaction.
Our platform helps automate complex payroll processes, seamlessly integrates with timekeeping systems, and offers employee self-service tools. With expert support, you can navigate the intricacies of payroll, tax, and compliance issues confidently, allowing you to focus on delivering an exceptional dining experience and smoothly managing multiple locations and fluctuating staff schedules.
IRIS Payroll & HCM Service Benefits
IRIS Payroll & HCM Services is specifically designed to support our clients in the restaurant and hospitality industries, minimizing manual tasks and alleviating tax, payroll, and compliance concerns.
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Automate Payroll, Taxes & Compliance
IRIS’s restaurant payroll & HCM solution offers automated, cloud-based software tailored to your restaurant’s needs and ensures compliance with all regulations. Our software flags potential errors for swift resolution, documents tipped wages, ensures minimum wage alignment, and handles tip allocation reports. Additionally, we assist in applying for the Work Opportunity Tax Credit (WOTC), ensuring accurate and timely payments through direct deposit or on-demand access, while increasing transparency and trust in the payroll process.
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Easy Integration
Integrating your payroll process with timekeeping and other HR functions consolidates employee and business data, reducing inaccuracies that may arise during onboarding, classification changes, or updates in employee information. This alignment simplifies tracking attendance, pay rates, and work schedules across multiple locations, and facilitates shift swapping and staffing needs. Moreover, synchronized payroll and timekeeping streamline tip processing and employee hours, often integrating seamlessly with your business’s point-of-sale (POS) system. IRIS HCM expands these integrations to include PTO management, employee onboarding, and more, ensuring a comprehensive and efficient HR solution.
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Employee Self-Service
Investing in a payroll & HCM solution enhances employee satisfaction, engagement, and retention by providing 24/7 mobile access to a digital payroll platform. Employees can log hours, check pay stubs/W-2 forms, update personal information, and view timesheets easily. An employee self-service (ESS) portal offers electronic payment options, including direct deposit, and allows updates to direct deposit information at any time. Integrating ESS with timekeeping, onboarding, and benefits administration lets employees view benefits statements, review company documents, and update withholding information, streamlining multiple HR processes into a single portal.
Resources for Restaurant Businesses
The Benefits of Managed Payroll Services For Restaurants
The right restaurant payroll service can improve efficiency and even legal compliance. Learn more about managed payroll services for restaurants
7 Time Tracking Best Practices in Restaurants
Discover the 7 best practices for restaurant time and attendance tracking. Improve labor costs with the CAVU HCM Time & Attendance Solution
Do Restaurants Have to Pay Sales Tax on Gratuities?
Learn about the intricacies of sales tax on gratuities in the restaurant industry. Find out when restaurants have to pay sales tax on tips.
Get in touch
Stop worrying about getting your payroll done right and let our comprehensive payroll & HCM solutions empower your restaurant. Take the first step toward stress-free payroll & HCM today.
Frequently Asked Questions
Although any small business can attempt to process payroll manually or by using disparate software systems, this usually leads to errors and inefficiencies, especially if the business has aspirations of expanding. Even with a small workforce, employee turnover is a perennial concern in the restaurant industry, with the average employee tenure lasting under two months.
Payroll software can not only help improve employee retention and satisfaction by offering employee-friendly tools like a mobile ESS system, but also flexible electronic payment options like direct deposit, which are increasingly sought by job-seekers.
IRIS is able to scale payroll operations to support the growth of small restaurants should they opt to open a second location, expand an existing one, or otherwise.
For restaurants, payroll can be a more complex process than in other industries, given the need to negotiate a range of employee classifications, frequent new hire onboarding, tip calculations, scheduling, and other factors.
Handling these processes manually or with a range of disconnected systems can create greater stress than necessary while opening the door to legal issues, fines for noncompliance, and employee dissatisfaction due to late payments or other payroll errors.
That’s why using dedicated restaurant payroll software paired with expert support to guide the process can not only improve the accuracy and timeliness of employee payments, but also simplify business taxes and ensure long-term legal compliance.
IRIS Payroll & HCM offers comprehensive and tailored solutions to meet the unique payroll and HR needs of restaurants. With our payroll software, restaurants can automate payroll processes, ensure compliance with tax and labor regulations, and save valuable time and resources.
Our expertise and support ensure that restaurants can effectively manage their payroll, increase efficiency, and focus on their core operations, ultimately contributing to their success in the ever-evolving restaurant industry.
