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Topic: Banker Leaves 1% Tip
no photo
Mon 02/27/12 10:51 AM
Edited by singmesweet on Mon 02/27/12 10:51 AM
http://www.huffingtonpost.com/2012/02/24/banker-1-percent-tip-receipt_n_1299280.html

Banker Leaves 1% Tip On $133 Lunch Bill In Defiance of 'The 99%'

First Posted: 02/24/2012 5:39 pm Updated: 02/24/2012 10:50 pm

A banker left a 1% tip in defiance of 'the 99%' at a Newport Beach restaurant the other week, according to his dining companion and underling who snapped a photo of the receipt and posted it to his blog, Future Ex Banker. (Update: the blog is now offline.)



In posting the photo, the employee gave some background on his boss and the receipt:

Mention the “99%” in my boss’ presence and feel his wrath. So proudly does he wear his 1% badge of honor that he tips exactly 1% every time he feels the server doesn’t sufficiently bow down to his Holiness. Oh, and he always makes sure to include a “tip” of his own.

The "tip" of his own in this case was to tell the server to "get a real job." Pleasant.

The whistleblower's Future Ex-Banker blog (now offline) included additional background on his boss, and some insight into why he would out his gross behavior, likely resulting in an employment status of current ex-banker:

I work in the corporate office of a major bank for a boss who represents everything wrong with the financial industry: blatant disregard and outright contempt for everyone and everything he deems beneath him. On top of that, he’s a complete and utter tool. At the same time, I’m still cashing paychecks, an admittedly willing—albeit reluctant—cog in the wheel of this increasingly ugly industry, so I’ve created this blog as a confessional of sorts. It won’t entirely clear my conscience, but hopefully it’ll help. I’m sure I’ll get fired eventually. Until then, enjoy.

UPDATE: In a conversation with the Huffington Post, Mike Wilcox, the vice president of operations for True Food Kitchen, gave some insight into how the company was treating the incident since the receipt began receiving attention online. Wilcox said that the restaurant was "absolutely" treating the receipt as real, but to confirm its authenticity for certain, they were in the process of tracking down both the physical receipt at the restaurant and the computer-generated copy in their credit card system.

"The first thing we're going to do is to make sure the server is taken care of," Wilcox said, "and make sure the server wasn't treated badly or insufficiently tipped." He explained that they would be asking Breanna, the server named on the receipt, if she recalled the table and how her service was. "If her service was up to the level" they assume their employees would deliver, Wilcox said, "they would do everything they can to make it up to her somehow." Referring to online comments posted about the receipt, Wilcox remarked, "people are asking us to ban the person from the restaurant -- if more information came through on who the person is I first would love to talk to him."

UPDATE II: As many have noted, a true 1% tip correctly rounded to the nearest penny would have been $1.34, leaving this tip just shy of that threshold, mathematically speaking.


no photo
Mon 02/27/12 11:03 AM
Edited by Bushidobillyclub on Mon 02/27/12 11:04 AM
Yea I bet someone else paid for his education.

I paid for my own education, and waiting tables was one of many jobs that secured that future.

Facts is simple, this guy is a dbag.

JERMANICUS's photo
Mon 02/27/12 11:12 AM
Edited by JERMANICUS on Mon 02/27/12 11:14 AM
Did you ever think maybe he got bad service? Tips are optional and by the way the top 1% pay 47% of all the taxes in this country.

no photo
Mon 02/27/12 11:23 AM
Can you show me where in the article it says he got bad service? Or if you can find that information elsewhere, that would be helpful.

Do you tip, Jermanicus? If not, why go to a restaurant knowing that's the standard practice for good service?

InvictusV's photo
Mon 02/27/12 11:37 AM
I wonder if the person that went to such great lengths to put this on his blog made up the difference on the tip..

no photo
Mon 02/27/12 11:43 AM
I wondered that, too. If he was so outraged about it, I would hope he would have given a better tip than the boss.

I guess I just don't understand going out to eat if you're not going to tip. Obviously, it's different with horrible service. But, most of the time, at least in places that I've been, the service is not horrible.

Optomistic69's photo
Mon 02/27/12 11:52 AM

Yea I bet someone else paid for his education.

I paid for my own education, and waiting tables was one of many jobs that secured that future.

Facts is simple, this guy is a dbag.


My Daughter Done The Same as You.

The Thing is Working Hard Does Not Mean You Will Get Rich but you can bet your bottom Dollar, Your Hard work Will make dbags like him Super Rich

lookin4home's photo
Mon 02/27/12 01:59 PM

Can you show me where in the article it says he got bad service? Or if you can find that information elsewhere, that would be helpful.

Do you tip, Jermanicus? If not, why go to a restaurant knowing that's the standard practice for good service?


Second paragraph below the picture, second sentence. "So proudly does he wear his 1% badge of honor that he tips exactly 1% every time he feels the server doesn’t sufficiently bow down to his Holiness."

That implies he was not happy with the service. Bad service is subjective.

I don't tip period. Pay your workers to do their job, not my responsibility. Why would I tip a waiter anymore than I would tip someone at a fast food place? Because they refilled my drink? Get real. Tipping has gotten out of control and you are all just paying someone to do their job. Has anyone ever given me a tip for going above and beyond my duties to give them the best customer service possible, answer all their questions and fix all their problems? No, because that's why I recieve a paycheck and not a pink slip.

How many other people help make your life easier that you tip? How many have offered a tip to the person that cooked your meal? What about the person washing dishes? They pay their cooks, they pay their dishwashers, they can pay for their own wait staff. Or would everyone just be "too good for that" if they made minimum wage waiting tables. I wasn't "too good" for minimum wage when I was washing dishes and watching the waiters d*ck off every chance they got.

no photo
Mon 02/27/12 02:02 PM
Edited by Bushidobillyclub on Mon 02/27/12 02:04 PM
Tipping has gotten out of control and you are all just paying someone to do their job
THATS RIGHT. YOU ARE. Imagine that paying someone to do there job, where else in the market is that done pft.

Here is the rub buddy. If we changed the way waiters and waitresses get paid the cost of the dinner would go up by that amount.

Maybe we should. But then instead of a 10 dollar meal it would be 15, or even more.

More and more businesses are adding a mandatory gratuity to the bill, good for them!

If you dont like it, DONT patronize the establishment. It really is that simple.

Kleisto's photo
Mon 02/27/12 02:23 PM
Edited by Kleisto on Mon 02/27/12 02:25 PM
I think the point he is trying to make is, we shouldn't have to since they are already being paid to do the job they are doing. Which I can actually agree with.

Having said that.......the system is what it is, and as long as it's going to stay as such, we should tip the servers. They do need it since they get less than they should otherwise. I always try and tip well just out of respect.

Plus, people know if you tip well or don't, and the quality of your service may reflect on that knowledge. Just something to think about.

s1owhand's photo
Mon 02/27/12 02:25 PM
Nice. No wonder bankers are so popular!

laugh

no photo
Mon 02/27/12 02:38 PM
I think the point he is trying to make is, we shouldn't have to since they are already being paid to do the job they are doing.
No they are not. The job is 2 bucks or so an hour plus tips.

A job is only worth the money someone is willing to be paid to do it. I can guarantee if all waiters everywhere were paid 2 dollars then no one would serve food.

The real cost of service is much much higher.

adj4u's photo
Mon 02/27/12 02:49 PM
what the shame is ---- is the fact that she has to depend on tips

all businesses should pay enough that workers should not have too
depend on generosity of others

as far as bad service the guy leaving the tip is a third party
not being the writer of article--thus not being able too defend
his position

no photo
Mon 02/27/12 02:52 PM
Edited by Bushidobillyclub on Mon 02/27/12 02:53 PM

what the shame is ---- is the fact that she has to depend on tips

all businesses should pay enough that workers should not have too
depend on generosity of others

as far as bad service the guy leaving the tip is a third party
not being the writer of article--thus not being able too defend
his position
When I get bad service I give 10%. When I get great service I give 20%, when I get meh service I give 15%.

Why, becuase I know the job even poorly done is worth the measly 10%.

Only time I wont tip is if the waiter is a JERK, or offensive ect. Ive been known to go back to the restraunt to tip becuase I didnt realize I was too poor to tip till after the meal.

adj4u's photo
Mon 02/27/12 02:54 PM


what the shame is ---- is the fact that she has to depend on tips

all businesses should pay enough that workers should not have too
depend on generosity of others

as far as bad service the guy leaving the tip is a third party
not being the writer of article--thus not being able too defend
his position
When I get bad service I give 10%. When I get great service I give 20%, when I get meh service I give 15%.

Why, becuase I know the job even poorly done is worth the measly 10%.


dont you think it would be better for the employer too pay a fair wage

no photo
Mon 02/27/12 03:00 PM



what the shame is ---- is the fact that she has to depend on tips

all businesses should pay enough that workers should not have too
depend on generosity of others

as far as bad service the guy leaving the tip is a third party
not being the writer of article--thus not being able too defend
his position
When I get bad service I give 10%. When I get great service I give 20%, when I get meh service I give 15%.

Why, becuase I know the job even poorly done is worth the measly 10%.


dont you think it would be better for the employer too pay a fair wage
Yes, its just not the state of affairs at the moment as it relates to some service jobs like this one.

Lpdon's photo
Mon 02/27/12 03:04 PM

I think the point he is trying to make is, we shouldn't have to since they are already being paid to do the job they are doing.
No they are not. The job is 2 bucks or so an hour plus tips.

A job is only worth the money someone is willing to be paid to do it. I can guarantee if all waiters everywhere were paid 2 dollars then no one would serve food.

The real cost of service is much much higher.


Ummmmm they have to make at least minimum wage. When I was bartending years ago I was making $12.00 an hour plus tips.

adj4u's photo
Mon 02/27/12 03:12 PM
Edited by adj4u on Mon 02/27/12 03:15 PM
federal min wage is $2.13 for wait staff

California is $8.00

http://www.paywizard.org/main/minimum-wage/tipped-workers


Lpdon's photo
Mon 02/27/12 03:34 PM

federal min wage is $2.13 for wait staff

California is $8.00

http://www.paywizard.org/main/minimum-wage/tipped-workers




I always made over $8 an hour when I bartended.

Seakolony's photo
Mon 02/27/12 04:55 PM

Did you ever think maybe he got bad service? Tips are optional and by the way the top 1% pay 47% of all the taxes in this country.

Most people leave 10 percent for a terrible waiter or waitress.......they do still work you know.....my personal tipping standards....


excellent service 30%
good service 20%
lowest tip I leave 15%

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