Restaurants

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August 31, 2024 3 min read Definitions

Mandatory Gratuity: A Pre-Added Tip to Your Bill

Hospitality Economics Business Service Charge Restaurants Tipping Hospitality Large Parties

Mandatory Gratuity is an automatic service charge added to a customer's bill, commonly seen in hospitality and dining establishments, especially for larger parties.

August 31, 2024 4 min read Definitions

Tip Pooling: A System for Fair Distribution of Tips

Economics Finance Business TIPS Hospitality Restaurants Fair Distribution Employee Compensation

Tip Pooling is a practice where all tips are collected and then distributed among employees. This system is commonly used in restaurants to ensure a fair distribution of tips.