What is a Tip Credit? How They Work, Calculations, Laws, and More
7 Shifts
NOVEMBER 18, 2022
More tip management resources. tip credit, meaning the minimum cash wage for overtime hours increases at a higher percentage than regular wages. leaves a minimum cash wage of $5.76 ($10.88 - $5.12). Therefore, the minimum cash wage for overtime increases by $3.63, and the restaurant must provide $57.60 ($5.76
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