Finance

Calculate Severance Pay: A Complete UK Guide

Calculate UK severance pay correctly: 2+ years service required, age-based multipliers (0.5-1.5 weeks), £700 weekly cap, £21,000 max statutory. Learn the formula, tax rules, and when to offer enhanced packages.

Restaurant Table Turnover Rate: formula and strategies

Table turnover rate measures how many times each table serves different parties per shift. Formula: Parties Served ÷ Tables. Optimize with staggered reservations, kitchen efficiency, and staff training to boost revenue 20%+.

Do You Get Paid Extra for Working Sundays?

Federal law doesn’t require Sunday premium pay—it’s treated like any weekday. Only Massachusetts and Rhode Island mandate premiums for specific industries, but restaurants are typically exempt. Many offer it voluntarily for competitive advantage.

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