Restaurant Groups Sue DOL Over Tip Credit Rule Change

Law360, New York (June 16, 2011, 8:20 PM EDT) -- A trio of restaurant and small business trade groups sued the U.S. Department of Labor on Thursday for not giving their members an opportunity to comment on a new rule that changes how employers notify employees about tip credits.

Under the Fair Labor Standards Act, employers are allowed to apply a portion of gratuity that employees receive to offset their minimum wage obligations, but are subject to a number of conditions, including informing employees about the tip credit. The minimum required cash wage for a tipped...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.