How does Square Payroll calculate restaurant minimum wage and employers "tip credits"?
How does Square Payroll calculate restaurant minimum wage and employer "tip credits"? For instance, If waitress Jane's min wage is $5.13/hr and an additional $7.87 must be allocated from collected tips to reach the required min wage of $13/hr, how does Square account/calculate this and adjust earned tips? Is it automatic?
If the tips collected do not bridge the gap between min wage and tips collected, is employer notified by Square to adjust it manually?