(a) With respect to each tipped employee whose wages are determined
pursuant to section 3(m) of the Act, the employer shall maintain and
preserve payroll or other records containing all the information and
data required in Sec. 516.2(a) and, in addition, the following:
(1) A symbol, letter or other notation placed on the pay records
identifying each employee whose wage is determined in part by tips.
(2) Weekly or monthly amount reported by the employee, to the
employer, of tips received (this may consist of reports made by the
employees to the employer on IRS Form 4070).
(3) Amount by which the wages of each tipped employee have been
deemed to be increased by tips as determined by the employer (not in
excess of 40 percent of the applicable statutory minimum wage). The
amount per hour which the employer takes as a tip credit shall be
reported to the employee in writing each time it is changed from the
amount per hour taken in the preceding week.
(4) Hours worked each workday in any occupation in which the
employee does not receive tips, and total daily or weekly straight-time
payment made by the employer for such hours.
(5) Hours worked each workday in occupations in which the employee
receives tips, and total daily or weekly straight-time earnings for such
hours.
(b) [Reserved]
