In Reporting and Analytics, click Labor, click Human
Resources, click Admin, and then
click Wage and Tip Law.
Enter the Minimum Wage as required
by law.
If federal or state law includes maximum tip credit restrictions,
enter one or both of the Maximum Tip Credit Amount and Maximum Tip Credit Percentage.
A tip credit is the percentage or monetary amount set by
federal or state law that is deducted from the minimum wage of tip-applicable
employees.
For example, state law sets a $6.15 minimum wage
and allows up to a 50 percent tip credit if the employee receives
enough tips to earn the minimum wage amount for each hour. If the
employee’s combined earnings (tip plus wage after tip credit adjustments)
average out to being less than the minimum wage, the employer must
make up the difference.
If federal or state law sets a separate minimum wage for
tipped jobs:
Select Minimum Wages for tipped jobs.
Enter the minimum wage for jobs that qualify for tips.
This value overrides the standard minimum wage.
Enter the minimum wage for when an employee becomes
eligible for overtime pay while working a job that qualifies for tips.
The weighted average overtime formula uses the value entered in this
field instead of the minimum wage entered in Step 4b. Weighted Average Overtime with Tip Credit contains
further information regarding the calculation of overtime pay with
tip credit.
Select the starting date for law, and then click Save.