tip wage credit

English - English

Definition of tip wage credit in English English dictionary

A law that allows an employer to count tips received by an employee toward the latter's minimum wage

A monetary benefit to an employer under this law

Related Terms

tip credit

The term commonly used when referring to the tip wage credit, an employer benefit provided in the U.S. Fair Labor Standards Act of 1938

Hyphenation

tip wage cred·it

Turkish pronunciation

tîp weyc kredıt

Pronunciation

/ˈtəp ˈwāʤ ˈkredət/ /ˈtɪp ˈweɪʤ ˈkrɛdət/