➡️ Income volatility affects 34% of UK households, with many experiencing inconsistent pay due to factors like seasonality and tipping.
➡️ 40% of employees in the hospitality industry report struggling to save for future expenses due to the unpredictability of their earnings.
➡️ Legislation changes are expected to benefit over 2 million UK workers.
With the new Employment (Allocation of Tips) Act 2023, the landscape of tipping in the UK hospitality sector is evolving. This whitepaper explores how this legislation ensures workers receive 100% of their tips, promoting fairness and transparency.
Discover how technology-driven solutions can help businesses streamline tip management, comply with the new regulations, and empower employees with greater financial stability.
Dive into the future of fair tipping practices and learn how to leverage technology to enable smarter financial management for employees with irregular earnings.