Examples of Tipped employee in a sentence
An employee regularly paid $10 per hour who works 50 hours in a workweek: Regular rate:$10.00 per hourOvertime rate:$10.00 x 1.5 = $15.00 per hourWage for 40 hours:$10.00 x 40 = $400.00Wage for 10 hours:$15.00 x 10 = $150 Total $550.00 Example 2: Tipped employee (when the basic minimum wage was $5.00, and the maximum tip credit was$2.25, for food service workers).
The private equity fund provides an opportunity to invest in a few companies over a long-term horizon for a small number of wealthy investors (You can find more details in Appendix B.1).
An employee regularly paid $10 per hour who works 50 hours in a workweek: Regular rate:$10.00 per hourOvertime rate:$10.00 x 1.5 = $15.00 per hourWage for 40 hours:$10.00 x 40 = $400.00Wage for 10 hours:$15.00 x 10 = $150 Total $550.00 Example 2: Tipped employee ([on and after January 1, 2011, and prior to December 31, 2013]when the basic minimum wage was $5.00, and the maximum tip credit was $2.25, for food service workers).