Search results
Results from the WOW.Com Content Network
A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service.
The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a minimum of 5 years of service. The law applies to all companies of at least 10 employees. [1] The gratuity is 15 days' wages for every year of employee service, or partial year over six months.
For premium support please call: 800-290-4726 more ways to reach us
This average amount will be calculated dividing the lump sum by the service years with the current employer, and will be taxed as monthly salaries. For the number of service years with the current employer, the actual number of years should be considered. If the number of years is more than 12, only 12 will be considered. [citation needed]
It’s a nice gesture to tip for a free bang trim—anywhere from $5 to $10 is good, but of course, there’s no set rule on tipping for free services. Your stylist still took 10 to 15 minutes out ...
The concept of tipping, or gratuity, has been around for generations. Back in the Middle Ages, tipping was a custom practiced by Europeans. Basically, masters would tip their servants for excellent...
The tipped wage is base wage paid to an employee in the United States who receives a substantial portion of their compensation from tips.According to a common labor law provision referred to as a "tip credit", the employee must earn at least the state's minimum wage when tips and wages are combined or the employer is required to increase the wage to fulfill that threshold.
When a restaurant adds an automatic gratuity, it means that the restaurant has charged a serving fee. Typically, a gratuity fee may be 18% of the total bill.