Contact Us
Subscribe to this blog via RSS
Join us on LinkedInArchives
Categories
- Corporate and Business Tax
- Small Business
- Tax Incentives
- Taxation
- Human Resource Department
- Non-exempt employees
- Horse Racing
- Horseracing Integrity and Safety Authority
- Employment Law
- Healthcare Regulation
- Hospitality and Tourism Law
- Income Tax
- Kentucky general assembly
- Legislation
- Legislative Developments
- Alcoholic Beverage Control Laws
- Hospitality
- Estate Planning
- Lease
- Small Claims
- Tenant
- Agriculture
- Banking
- Hemp
- Defense Attorneys
- Family Businesses
- Federal Election Campaign Act
- Insurance Defense
- Political Action Committee (PAC)
- Department of Labor ("DOL")
- Equine law
- Fair Labor Standards Act (FLSA)
- Kentucky Equine Liability
- House Bill 33
- Legal Insight and Litigation
- Bankruptcy
- Academy of Model Aeronautics
- Drones
- FAA Modernization Act of 2012
- Small UAS Rule
- Bad Faith Claims
- Insurance Coverage
- Kentucky Motor Vehicle Reparations Act
- Kentucky No Fault Insurance
- Mediation
- Mediation Services
- Personal Injury Protection
- Magnuson-Moss Warranty Act
- Warranty
- Corporate
- Diversity
- Dog owners
- Landlord
- Litigation
- Malicious Prosecution
- Real Estate Law
- Municipal Liability
- Business Entities
- Business Formation and Planning
Showing 1 post tagged Tip Credit.
Department of Labor Ends 80/20 Rule for Tipped Employees
On November 7, 2018 the U.S. Department of Labor issued an advisory opinion letter, FLSA 2018-17, that amends previous guidance regarding the “tip credit provision,” sometimes known as the 80/20 rule. The “tip credit” provision addressed the payment of minimum wage and applies to employees of a business that usually receive at least $30 per month in tips. These “tipped employees” are not required to be paid federal minimum wage (currently $7.25 per hour), but instead, only $2.13 per hour. In 2011, the Department of Labor had issued an opinion rescinding a 2009 opinion and instituting what has colloquially been called the “80/20 rule.” By FLSA 2018-17, the Department of Labor fully reinstated the prior 2009 determination, which will have far reaching consequences for employers of “tipped employees.” More >
