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One Step Better PodcastAuthor: Whirks
Tune in for insight to help small business owners and their teams get One Step Better every day. You'll gain practical tools to help you improve processes and empower your team. Language: en Genres: Business, Entrepreneurship Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Your Tip Structure Has Payroll Risks You Haven't Thought About
Thursday, 26 February, 2026
Most business owners set up their tip policy once and never think about it again. That's usually when the problems start.In this episode, Matt and Mike get into the compliance side of tipped employees that most owners don't hear about until they're already in trouble. They cover why overtime math gets ugly when tipped and non-tipped hours land in the same week, what happens when nightly cash-outs create paychecks with zero withholding, and how the One Big Beautiful Bill just expanded FICA tip credit beyond restaurants for the first time.Highlights include:Why tipped overtime isn't calculated the way most owners thinkWhat net zero paychecks are and why your employees blame you at tax timeThe 80/20 rule and how it changed who can do what during a shiftHow FICA tip credit just expanded to salons, spas, and other tipped industriesWhy "we've always done it this way" is the most expensive sentence in your businessIf you have tipped employees and nobody has explained how all of this actually works, this episode will show you where the risks are before they find you.Subscribe so you don't miss Part 2, where Matt and Mike flip to the customer side of tipping and why the checkout experience at most restaurants is quietly working against them.#OneStepBetter #TippedEmployees #FICATipCredit #SmallBusiness #RestaurantOwners #SalonOwners #OvertimeRules
