TL;DR
Famous Toastery is preparing for new overtime regulations by raising managers' salaries or converting salaried roles to hourly. The brand's corporate employees will be affected, with more than half becoming hourly workers.
With the upcoming federal overtime rule mandate taking effect on December 1, 2016, restaurant operators are preparing for the change and its side effects.
Restaurant Business spoke with many brand leaders who are raising managers' salaries above the new $47,476 cap for overtime eligibility or converting salaried roles to hourly.
At Famous Toastery, a growing brand with 15 locations, the regulations affect more than half of its corporate employees and their positions will become hourly. To help accurately track hours, the brand is considering integrating fingerprint technology into its POS system.
“We will have to make very clear that if you don’t check in and you don’t check out, you don’t get paid,” CEO and founder Robert Maynard told Restaurant Business.
In this story
This story was originally published in 1851 Franchise on November 21, 2016. Burnaze summarizes and links to the original reporting.
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