article thumbnail

What is a Tip Credit? How They Work, Calculations, Laws, and More

7 Shifts

Tip credits are just another part of tipping that make restaurant employee compensation complex. State and local laws on tip credits. More tip management resources. Labor cost is typically a restaurant's most considerable expense. Consider a Texas restaurant worker pulling a 50-hour week. Table of Contents.

article thumbnail

[Updated for 2023] The State-by-State Guide To Tip Pooling Laws

7 Shifts

It's a constant conversation in the restaurant industry. But one can't deny that tips make up a majority of restaurant workers' take-home pay. There have been several ways in which restaurant owners have tried to create a more equitable system for employees to earn consistent, fair wages and improve retention. Tip Pooling Laws.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Time Theft Guide: How to Spot it and How to Stop It

7 Shifts

Food, alcohol, and cash are common victims of theft—but business owners have to look beyond physical goods. Time Theft Laws. By understanding the ways it can occur, business owners or managers have a much higher chance of identifying it before it racks up a hefty bill. Employee theft is an unfortunate reality. Table of Contents.

article thumbnail

How Alcohol To-Go Could Save Your Restaurant

Focus POS

Restaurants that gain a significant portion of their revenue from alcohol sales have been hit the hardest, with many social distancing regulations calling for a ban on alcohol sales indoors. Now, many restaurants that offer alcohol are jumping on this trend. Here’s how you can cash in on this trend: State Regulations Vary.

License 162
article thumbnail

5 Best Restaurant Tip Pooling Solutions Compared

Cheetah

With a Covid-induced labor crisis in the background, many restaurants explored methods like ‘no tipping’ and ‘auto-gratuity’ in an attempt to battle the crisis and create a better working environment for restaurant staff. A good system will also help staff manage their personal cash flow. Toast - Tipping within Your POS.

article thumbnail

5 Best Digital Tip Pooling Solutions Compared

Cheetah

With a Covid-induced labor crisis in the background, many restaurants explored methods like ‘no tipping’ and ‘auto-gratuity’ in an attempt to battle the crisis and create a better working environment for restaurant staff. A good system will also help staff manage their personal cash flow. Toast - Tipping within Your POS.

article thumbnail

MRM Research Roundup: Mid-August 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features consumers' dining desires, the power of personalization and the untapped opportunity in localized marketing. But while limited dining options are available, people have shown an increased desire to help out independent restaurants.

2020 197