Have you ever wondered if you and your stylists are reporting tips correctly? Or if you are distributing tips correctly? Listen to todays episode to find out what we have to say about both. Hosts Jason Everett and Doug Campbell discuss the different view points on tips in the beauty industry.
Takeaways
2:00 - Tips vs. income
4:30 - Going independent to not report tips
5:20 - Venmo
13:30 - How salon owners use tips
14:50 - No one cares about your effort
16:30 - The harm of cashing out tips daily
Quotes
“People under report their actual income because of tips and it leads to people not knowing how much income can be earned in this industry.” Jason Everett (2:58)
“It keeps them small indefinitely.” Jason Everett (14:00)
“Them having the discipline of waiting two weeks to get those tips in their pocket will help them to manage that better.” Doug Campbell (17:20)