The Book  |  Author  |  Virtues  |  Wealth Cycle  |  Journal  |  Store  |  Tools  |   Home       

Wealth Virtues at Amazon.comWealth Virtues at Barnes & Noble
Wealth Virtues at PRWPBookswealth Virtues at Amazon UK

Wealth Virtues from  Wealth Virtues from  Wealth Virtues from  Wealth Virtues von  Wealth Virtues sur

Click here to look inside!

Wealth Virtues Journal: November 13, 2009

How Franklin’s Virtues of Sincerity and Justice Need to Influence Business Leaders Beyond 2010

Filed under: Virtues in Business — Tags: , , , — James Ward @ 10:02 am
© 2009 Poor Richard Web Press, LLC

Share This
Facebook Twitter Linkedin

Tipping is an interesting thing in the United States. Tips are that extra money we provide to a restaurant staff for showing outstanding service and courtesy. I have always found inconsistencies with the U.S. method in that we base our tip on a percentage of the cost of the meal.

In most of Europe, or at least when I last travelled there, a restaurant patron would usually round up to the nearest Euro, Mark, Pound, etc. if the service warranted that. I think that practice is closer to what I envision to be fair. So what does my ranting about tips have to do with business?

Tips are the equivalent of bonuses. Now don’t get me wrong, I believe that good bonuses help keep good people. I use them all the time to retain good employees. In every case where I have recommended bonuses, the employee has done something to warrant a wonderful customer response, or has enacted a process that has saved money on expenses or made money for the company.

Read more at Franklinomics…

Please visit to get the rest of this story as well as other articles on wealth and business.

Follow Wealth Virtues on Twitter Join Wealth Virtues on Facebook Wealth Virtues Recommends LinkIn to Wealth Virtues Participate with Wealth Virtues on Ning Wealth Virtues RSS Feed

Poor Richard Web Press
Copyright © 2016 - 2017 Wealth Virtues. All Rights Reserved. Poor Richard Web Press.