tronc
Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License
- noun A monetary pool, in which tips are collected and later shared out between all staff, e.g. in a restaurant.
Examples
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This is known as a tronc and the person who shares out the tips is called a 'troncmaster'.
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The Employment Appeal Tribunal has given an important judgment about tips, service charges and the national minimum wage: it has ruled that restaurant employers who make inadequate wages up to the minimum wage level by redistributing service charges and tips to waiting staff via a "tronc" system act unlawfully.
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Essentially a tronc works by tips and service charges being collected and then held on trust by a member of staff, who then distributes it to colleagues.
Note
The word 'tronc' comes from a French word meaning 'collection box'.
