Here’s a Tip: Don’t Dabble in Your Employee’s Money

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Here’s a Tip: Don’t Dabble in Your Employee’s Money
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Since the pandemic, tipping has grown. A recent investigation by the Dept. of Labor into how Hard Eight handled their tips highlights how things can get murky.

that they simply misunderstood labor law and corrected it as soon as it was reported. That's a nearly $1 million whoopsie-daisy.

Dean Stansel is an economist at SMU Cox's Bridwell Institute for Economic Freedom. He sees it differently. He told thethat employers and employees ought to be free to determine how they wish to structure compensation. Alas, Hard Eight now has the task of tracking down workers during those months and reimbursing them. Meanwhile, according to Hard Eight, managers who can no longer get paid from the tip jar have received raises.A tip is voluntary money paid over the bill due by the customer. Some companies get around this with mandatory service fees, which arefor using an 18% mandatory service fee that is added to every bill to pay wages.

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