Emerging Trends in Restaurant Benefits

5 Min Read By Trion Group

For restaurants, the health care expenditure will increase, and it’s not just the cost of health careWith winter behind us and summer approaching, it is time to begin planning for the 2023 benefits plan year. ‘Tis the season for plan review, benchmarking and forecasting.

The key to success in this process is viewing the trends and national data through the prism of a restaurant operator. As we often emphasize, benefit strategies and results in the restaurant sector are different from other industries.

Emerging TrendsWhile COVID-19 the disease may be waning, the impact of the COVID-19 pandemic on the needs and expectations of the restaurant workforce are becoming increasingly apparent. All employers should expect cost increases in their benefit programs not only due to medical trend, but also due to the demand for increased benefit levels. 

In addition, we see two other trends emerging that can drive an increase in your overall spend. “Burned out” and “overworked” are…