The Diminishing Tip Credit: Another Reason it is becoming Harder to...

Executive Summary: On January 30, 2015, the New York State Department of Labor's Wage Board voted to recommend a fifty percent increase in the minimum hourly rate for tipped workers, from $5.00 to $7.50 an hour. See: If the Wage Board's recommendation becomes law , the maximum tip allowance that an employer is entitled to take against the minimum wage of its tipped workers in New York will be significantly decreased, from $3.75 per hour to $1.25 per hour.



http://ift.tt/1Dihps3