summer intern project
TRANSCRIPT
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Summer Internship ProjectBy: Alex Sharrin
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We analyzed a typical week at the Aviary from
July 13-19th
Wedne
sdayFri
day
Sund
ay$0.00
$4,000.00$8,000.00
$12,000.00$16,000.00
Aviary Revenue by Day
Revenue
Wedne
sday
Frida
y
Sund
ay0
50100150200
Covers Dined by Day
Covers Dined
*756 Total Covers*$55,223.86 Total Revenue
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60% of Total Revenue is from Upsold Dollars
Prepaid Upsold Total Sales0.00%
10.00%20.00%30.00%40.00%50.00%60.00%70.00%80.00%90.00%
100.00%
39.50%
59.50%
100.00%Total Revenue in the Week
Total $ Prepaid + Total $ Upsold = Total $ Sales for the 13-19th Week of July
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Servers’ covers dined varied, but ticket mix
was consistent…
Yanir
o Pam
aro
Ben P
arks
050
100150200250
KTFive CourseThree CourseDepositWalk-in
Yanir
o Pam
aro
Ben P
arks
0%20%40%60%80%
100%
KTFive CourseThree CourseDepositWalk-in
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…So Total $ Upsold is a fair basis for Server
Performance
This is the sum amount each individual server upsold during the week of 13-19 in July
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Next StepsDetermine size of incentive pool based on sales, service charge and wages paid.Determine process for rolling and maintaining evaluation and incentive plan at Aviary Roll out to remaining restaurants
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Incentive pool size project
Basic Facts for the 4 week period of 6/23 to 7/20/2014:
Category 1$0.00
$50,000.00
$100,000.00
$150,000.00
$200,000.00
$250,000.00 $204,679.68
$33,846.55$61,933.03
Aviary Revenue Aviary Svc. Chg.Aviary Labor
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We compared our wage model to a restaurant
with IL tip pool
$0.00$2,000.00$4,000.00$6,000.00$8,000.00
$10,000.00$12,000.00$14,000.00$16,000.00$18,000.00
$15,482.26
What we did pay
0.002,000.004,000.006,000.008,000.00
10,000.0012,000.0014,000.0016,000.0018,000.00
$15,610.15
Typical Restaurant Pay
Our Wage Model IL Tip Pool Model
Tip Pool
Tipped Wages
CurrentHourlyWages
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Bar Staff Front Staff Porters Grand Total
-$1,600.00
-$1,200.00
-$800.00
-$400.00
$0.00
$400.00
$800.00
-$1,225.73
$671.81$426.85
-$127.10
Total Wages compared from Service Charge to Tip
*Variance = .07%
FOH and Porters make more, while Bar makes
less vs. Tip Pool
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The Difference in pay by Dept. is driven by
$/Hr & Hr/Week
Front
Staff
Bar S
taffPo
rters
$- $4.00 $8.00
$12.00 $16.00
$13.60
$10.19 $10.25
Average Hourly Wage
Front Staff
Bar Staff
Porters -
10.0 20.0 30.0 40.0 50.0 60.0
37.5 33.2
50.4
Average Hours per Week
The FOH makes more than the bar because of higher hourly wages, while the Porters make more than the bar because of more hours worked
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Next StepsExpand this analysis to YTD 2014
We used a high revenue month as our basis for the analysis and our variance was .07% In a low revenue month we will likely pay more than the standard Illinois tip pool system
It is likely we will not have a significant amount to dedicate to an incentive tip pool