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  • What we do
    • Lifestyle benefits, Explained
    • Lifestyle Spending Accounts (LSAs)
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    • Companies
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    • Brokers & Consultants
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How Restaurant Teams Can Beat Turnover with Flexible, Personalized Benefits

Blog,  Employee Engagement,  Retention,  Small Business HR

If you manage a restaurant, you already know turnover is a constant challenge—but do you know just how much it’s costing your business? Industry research shows the average cost to replace a single front-of-house employee is over $5,800, and with annual turnover rates in restaurants hovering around 80%, even a small operation could be losing tens of thousands of dollars a year (Toast, 2024; Clover, 2024; TimeForge, 2025). The Real Numbers: What Turnover Is Doing to Your Bottom Line Where does the money go? Why Are Restaurant Employees Really Leaving? Verified industry surveys point to these pain points: What Actually Works: Solutions Restaurant Managers Can Use Now Traditional perks like gym memberships or generic discounts don’t move the needle for today’s teams. What does? Benefits that fit real life. The most effective operators offer flexible, personalized perks—like monthly credits for wellness, transportation, childcare, or professional development—so every employee feels valued. Practical steps you can take right now: The Bottom Line Turnover is expensive, but it’s not inevitable. Understanding the real costs and investing in what your team truly values can break the cycle, boost morale, and keep your best people on board, saving your restaurant thousands and strengthening your guest experience. Supporting Restaurant Teams, Every Day Running a restaurant is tough, especially when high turnover and burnout threaten your team and bottom line. But you don’t have to compete with big brands to build loyalty and keep your best people. By focusing on recognition, flexibility, and benefits that truly matter to your staff, you can create a workplace where employees want to stay and grow. At LIVD, we’re committed to helping restaurant owners and managers like you build engaged, resilient teams—without breaking the bank. Our platform makes it easy to offer personalized perks, streamline administration, and show your team they matter. Sources & References

June 10, 2025 / Comments Off on How Restaurant Teams Can Beat Turnover with Flexible, Personalized Benefits
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Top 10 Company Benefits Employees Love

Blog,  Retention

Looking to tick all the boxes for potential employees? This blog dives into the top 10 company benefits employees are loving right now, from health insurance to flexible work hours and everything in between. Give it a read to find out how you can increase job satisfaction and stand out in a competitive market.

August 1, 2024 / Comments Off on Top 10 Company Benefits Employees Love
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How to Calculate and Improve Your Employee Retention Rate

Blog,  Retention

Wondering how to keep your top talent from jumping ship? Dive into our article where we break down how to calculate your employee retention rate and share practical strategies you can apply to boost these numbers – vital for every small business aiming to build on their success.

July 25, 2024 / Comments Off on How to Calculate and Improve Your Employee Retention Rate
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Employer Branding: What Is it & How to Build It

Blog,  Retention

Are you curious about what ’employer branding’ really means and how it can help your business attract top talent? Check out our latest blog post where we discuss everything you need to know. We’ll provide a practical guide to help you build a stellar reputation, and make your company a great place to work.

July 4, 2024 / Comments Off on Employer Branding: What Is it & How to Build It
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Employee Engagement Programs: A Key to Retention for SMBs

Blog,  Retention

Embark on the journey of creating a committed and engaged workforce with our guide on Employee Engagement Programs for SMBs. Discover key strategies, best practices, and the importance of engagement for business success, retaining top talent, and driving productivity in this comprehensive article, a must-read for SMB owners, managers, and HR professionals.

May 14, 2024 / Comments Off on Employee Engagement Programs: A Key to Retention for SMBs
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6 Workplace Wellness Programs to Boost Employee Satisfaction

Retention,  Talent Acquisition,  Workplace Positivity

Transform your workplace into a hub of productivity and contentment with these top six wellness programs! From offering flexible hours to encouraging fitness, these strategies are sure to maximize employee satisfaction and ultimately benefit your business.

April 11, 2024 / Comments Off on 6 Workplace Wellness Programs to Boost Employee Satisfaction
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Cultivating an Inclusive Workplace: Harnessing HR Tech for DEI

Cultivating an Inclusive Workplace: Harnessing HR Tech for DEI

Retention,  Talent Acquisition

Discover how HR technology can empower your efforts in cultivating a diverse, equitable, and inclusive (DEI) workplace. Learn about the importance of DEI, the role of data analysis and unbiased HR tools, and tips for choosing the right technology to enhance workplace satisfaction and productivity.

January 24, 2024 / Comments Off on Cultivating an Inclusive Workplace: Harnessing HR Tech for DEI
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Spotting Employee Retention Red Flags

Retention,  Talent Acquisition

Learn how to spot and address key retention red flags in your business. Discover strategies to maintain employee engagement and satisfaction, and see how LIVD’s versatile platform can support your efforts in retaining top talent effectively.

January 24, 2024 / Comments Off on Spotting Employee Retention Red Flags
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