Common use of TIP RATES Clause in Contracts

TIP RATES. A. Tip rates. 1. Determining initial tip rates. The Employer will determine tip rates based on information available to the Employer, historical information provided by the Service Representative, and generally accepted accounting principles. The Employer may use a 28-day sample to determine tip rates. If Employees in an Occupational Category receive both charge and cash tips, the Employer may determine tip rates based on the formula set forth in Attachment D, Formula for Tip Rate Calculation. The rates will generally be based on a percentage of sales or a dollar amount per hour, but a different measure may be used. 2. Initial tip rates. The initial tip rates are identified in Attachment B, Occupational Categories and Initial Tip Rates. They will remain in effect through December 31 of the calendar year following the year in which this TRDA takes effect.

TIP RATES. A. Tip rates. 1. Determining initial tip rates. The Employer will determine tip rates based on information available to the Employer, historical information provided by the Service Representative, and generally accepted accounting principles. The Employer may use a 28-day sample to determine tip rates. If Employees employees in an Occupational Category receive both charge and cash tips, the Employer may determine tip rates based on the formula set forth in Attachment D, Formula for Tip Rate Calculation. The rates will generally be based on a percentage of sales or a dollar amount per hourhour or per occurrence, but a different measure may be used. 2. Initial tip rates. The initial tip rates are identified in Attachment B, Occupational Categories and Initial Tip Rates. They will remain in effect through December 31 of the calendar year following the year in which this TRDA takes effect.