Definify.com
Definition 2024
tip_wage_credit
tip wage credit
English
Noun
tip wage credit (plural tip wage credits)
- (US labor law, singular only, the tip wage credit) A law that allows an employer to count tips received by an employee toward the latter's minimum wage.
- (countable) A monetary benefit to an employer under this law.
References
- Title 29, "Labor", United States Code, Chapter 8, §203(m) and §203(t).
- Title 29, "Labor", Code of Federal Regulations, §531.50