Tronc schemes for hospitality & service sectors
If your business is in the service sector take note: The law is changing.
From the 1st October 2024 (previously 1st July) the government will bring in The Allocation of Tips Act, this means that the employer will need to ensure that they have a policy in place to fairly manage tips. The Bill dictates that all discretionary tips, gratuities, and service charges must be exclusively given to staff. Employers cannot retain any for processing or administrative costs
Our sister company Troncmaster Solutions provides independent Tronc Schemes to ensure that your employees' tips are distributed fairly. Payments are processed through the employer's payroll, seamlessly integrated with regular pay. Tronmaster Solutions understand the nuances of different sectors such as hospitality, hairdressing, catering, and service industries, and provide tailor-made solutions to suit your needs.