Cashing Out as a Bartender – It Pays
“It’s five o’clock somewhere!” is a popular expression among adults after a long day or heading into a weekend. In America — and globally, for that matter — it is not uncommon for people to gather at local watering holes, also known as bars or pubs, for happy hours, a quick drink, and other social activities. To help business, many establishments have added themed nights like trivia night, dart tournaments, and more.
It is also well known that good bartenders can make really good money in tips, especially on a busy night. This is where things can get tricky in the tipping industry. Many jobs pay minimum wage or even less, with the rest of income being tip-based, meaning that in order to make a decent living, workers rely heavily on tips. Keep in mind that it is required by law to claim all tips — whether cash or via credit card — when you clock out at the end of the day or night.
You may know of someone who has pocketed some of those tips without claiming them as income in order to avoid paying taxes. Yes, it is illegal, but it still happens. What people may not realize is that as a successful bartender or any other tip-related professional, if they do not fully claim their wages and a work injury occurs, there is no way to receive the appropriate wage loss benefits they should be earning.
One might not think bartending is a dangerous or high-risk job, but accidents do happen. When you step back and look at the potential risk factors — wet floors, broken glass, unruly patrons, and more — the job is not as glamorous as it may seem. No one plans for a work injury, but if it happens, you want to be protected.
Remember to tip your bartender — they count on it!