3 ms·
How much of the “tip” actually gets to the employees?
by wrycoder 4y ago
How much of the “tip” actually gets to the employees?
- britch 4y agoIf it's not 100% it's wage-theft
- RegnisGnaw 4y agoReally? I own a coffee shop and the employees don't always get 100%. For cash, yes its 100%. For CC they get around 97.8% (I pay 2.2% CC fees).
- mrguyorama 4y agoThe CC fees should be paid by the product or service transaction. Maybe it's legal but it's not cool that you are basically charging your employees for the right to get a tip from a credit card transaction you are already processing.
- Ekaros 4y agoSo, instead you should not accept CC and expect the employees being happy with higher take from tips and less tips in general as losing people paying by CC would result?
- mrguyorama 4y agoNo, instead a business owner should understand that if they want to process CCs, there are fees and they should pay them. Making your employees pay CC processing fees (which is what they are doing) is immoral. Simple as that. Stop being an entitled ass. If you want to run a business, you are required to do business things. It's not free lunch. My dad is an independent contractor. If he needs a new tool to finish a job for someone, he doesn't make them pay for the tool, because that's just what it means to run a business.
- RegnisGnaw 4y agoI pay for the credit card processing fee for the item part of the bill. For example, if someone came in and bought coffee for $20 and left a $10 tip. My credit card fee is $0.66 (2.2% of the $20 which is $0.44 and 2.2% of the $10 which is $0.22). So out of the $10 tip the wait staff gets $9.78 ($10 - $0.22).