Managing Tipped Employees
Every organization who allows their tipped employees to declare a portion of their tipped earnings will eventually get allocated by the IRS. In fact the IRS is stepping up their efforts to collect lost taxes due to tipped employees under reporting their tip earnings.
If allocated the organization will be responsible for paying the declaration shortage. In some instances this can easily reach thousands of dollars during a pay period.
Utoware offers the most flexible tip handling & distribution system, weather you use a team pooled point system or a simple individual system with tip outs to bussers, bar, runners & etc…
The employees enter their own financial information into the system and are accountable for its accuracy. Management easily checks this by collecting the employee’s financial summary report, guest checks and the Utoware report with the tip data the employee entered. The system also allows you to adjust tip data right up to the time your payroll is run. Even after pay is issued the Utoware tip handling system easily allows the user to make tractable adjustments. Also managers can easily see who the top tip earners our and who is not pulling their weight.
Human Resource Management Success
Organizations survive and fail on their most important resource...their employees!
Inherent in having employees are some liabilities which can be greatly mitigated
with the right employee management tools...
Common HR Pitfalls