Tag: tipped credit
Strong Presence Needed At Long Island Hearing To Set Tone For...
The first hearing the Department of Labor will be holding is on the possible elimination of the tip credit. Originally, these hearings were slated to begin in mid-March. However, due to a scheduling conflict, these hearings were shifted until April 20, which makes Farmingdale, Long Island the first hearing location.
Elimination of Tipped Wage Would Shake Restaurant Industry
The weight of high rents and taxes can be crippling to the business community, in particular the restaurant industry which survives on small profit margins. The unfortunate news is that this climate can get worse, and it may if the Department of Labor makes a determination to eliminate the tipped wage for food service workers later this year.