The Display Tip Rate Rule is used to calculate employees' weekly tip rate. This rule uses the pay codes and pay categories configured in the selected Tip Processing Rule to calculate an employee's tip rate for the week. The rate is calculated using the following formula:
((wages per hour*hours worked)+tips earned)/hours worked
The rule has the following settings:
Select rule
In the drop-down list, select an instance of the Tip Processing Rule configured in the pay policy.
Pay code to assign
In the drop-down list, select which pay code the tip rate is assigned to.
Pay category to assign
In the drop-down list, select which pay category the tip rate is assigned to.