Discover how a tronc scheme can benefit you and your employees

With the cost of living increasing, every penny counts for hospitality staff, and that includes tips and gratuities. If there was a way you could ensure more money stays in the pockets of your employees, whilst reducing costs to your business, would you be interested?

Tronc schemes have existed for a number of years, but  the move to card and contactless payment methods, escalated by the pandemic, has left many hospitality businesses at a loss of how to efficiently distribute these tips that are now landing in business bank accounts.

A correctly set up tronc can ensure your employees receive their tips fairly and cost-effective without undue costs to your business. 

• Tips processed through a tonc incur no Employer or Employee National Insurance
• More money in your employees pockets
• You save costs on ERs NI
• Distribution rules are fair and transparent
• Fully HMRC compliant

With recruitment and retention of staff an ongoing challenge, a tronc scheme can help keep money in your employees’ pockets and show you are a fair and progressive employer.