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"The Ultimate Guide to Paying Out Tips"

Your comprehensive guide to managing tips.

Paying out tips shouldn’t be complicated—but outdated or inefficient processes can eat into profits, waste managers’ time, frustrate employees, and even expose your business to legal or security risks.

This guide can optimize your tipping strategy and protect your business by breaking down the options available and how to choose the right approach for your team.

Key topics in this guide:

• Tip pooling methods: How to select the right type of pooling and processing to maximize efficiency and minimize costs.
• Tip payout methods: The pros and cons of cash versus digital payouts, with guidance on choosing the right frequency and approach for your business.
• Safety & security: Best practices for handling cash, plus an overview of regulations you need to know to stay compliant.

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