Women would lose $4.6 billion in earned tips if the administration’s ‘tip stealing’ rule is finalized: Overall, workers would lose $5.8 billion

The Department of Labor has proposed a rule that would make it legal for employers to pocket their workers’ tips, as long as they pay those workers the minimum wage. We estimate that if the rule is finalized, every year workers will lose $5.8 billion in tips, as tips are shifted from workers to employers. Of the $5.8 billion, nearly 80 percent—$4.6 billion—would be taken from female tipped workers.
Read more: http://www.epi.org/publication/women-would-lose-4-6-billion-in-earned-tips-if-the-administrations-tip-stealing-rule-is-finalized-overall-tipped-workers-would-lose-5-8-billion/?source=Snapzu