The worldwide epidemic took a toll on cosmetics and hairdressing, which was among the most impacted industries. They had met several obstacles that already have rendered functioning incredibly challenging, if not unattainable. Even though hair and cosmetics professionals could work, they lost out on gratuities as credit payments substituted cash. Each restaurant or service employee, according to EasyTip, ought to have accessibility to online tips. Thanks to our QR code electronic and cashless tipping technology, tipping has never really been fair and equitable, faster, or more available than it is now.
Due to the broader digital tipping
system trend, salons are constantly reviewing their tipping methods. While consumers, operators, and network operators prefer not to leave cash tips, company owners dislike processing gratuities through bank cards since they incur transaction costs on revenue the company never receives. They must also create a plan for disbursing the tips, whether through paychecks or by acting as a banking and paying them out on a daily or monthly basis.
EasyTip may assist hairdressing professionals in increasing their clever tips:
The
digital tipping service was never easier than with our QR system. Employees can increase their earnings by up to 20% when they work with us. Following the epidemic, we feel that there can be no restrictions to employees earning tips.
EasyTip is beneficial to both employees and company owners. Customers might choose to submit a review while tipping so that owners can keep track of their employees' performance. Because the tips are sent directly to employees, business owners may save time on administration and focus on other crucial aspects of their company. Increased accessibility to tips makes employees happy and increases retention, allowing business owners to attract top personnel confidently.
Customers can also benefit from digital tipping services:
Various tax categories are required in the hairstyling sector, and collecting taxes with us is a breeze. We provide workers with the option of registering as self-employed or hired. A self-employed person is accountable for filing and paying their taxes. All gratuities are offered straight to the service person following HMRC regulations. If a worker on work is hired, tax payments are the responsibility of the company holder or attorney. Each company does have a login with us that allows them to compute taxes. Dual accounting is also possible for organizations with both hired and self-employed employees. Whatever circumstances you're in, EasyTip has got you protected.
EasyTip is also beneficial to customers. They've made tipping convenient and straightforward. Customers scan the QR code, choose who they choose to reward, and calculate the code. Their electronic tipping system is safe at all times, allowing consumers to pay their favorite employees even though they don't have cash on them.
The impact of COVID-19 on the global migration to a cashless economy:
The epidemic has proved challenging for many through new rules, missing dear ones, and unselfish efforts. However, there now appears to be hope on the horizon of the darkness. Many companies have been harmed as a result of this infection. As per the European Hair and Beauty Association, the hairdressing industry was among the most impacted, with revenue decreasing by 45 percent by 2020.
The spread of the Coronavirus has hastened the transition to a cashless economy. However, currency was nearly totally abolished during the epidemic for sanitary concerns. Because most consumers pay with cash, the restaurant industry saw a significant drop in tips. During the epidemic, 83 percent of hospitality employees said their gratuities had decreased. Sixty-six percent of workers said their tips had dropped by at least the majority.
The epidemic had been brutal sufficiently for these employees. It had been on and off vacation, but when they were eventually able to continue working, they were greeted with a significant drop in their tips.
Improve employee engagement:
Employees paid very little for their job expect to have their working environment improved. Managers should engage in a tool that enables staff to complete tasks as quickly and cheaply as feasible so they can concentrate on developing revenue-generating client connections. Small firms risk losing money if they don't provide their staff with current tools, as 76 percent of consumers are more devoted to existing staff than to the company. If a staff transfers to some other salons, they may bring their clientele.
Payment handling can be simplified:
When a third person performs, collecting credit card transactions can be costly (and inconvenient). Smaller companies may avoid paying high fees by using a fully involved solution that connects to their existing company systems and handles payments everything in one place. You could also guarantee that personnel is appropriately reimbursed for their services by automating billing for missed bookings and sharing tips. You may also ask customers to pay at the register, which will enhance the probability of doing so.
Small companies may also streamline payment using EasyTip, which combines sales and allocates incentives so shareholders can squeeze the figures with enhanced precision and convenience, avoiding costly mistakes that typically arise with pen-and-paper bookkeeping.
Make appointment scheduling more efficient:
Workers should attempt to optimize their schedule for offering services if clients aren't ready to tip as frequently or as generously. Clients will be able to monitor personnel timetables and unavailability at every time and from any location; thus, salons and clinics should build up an internet scheduling system. Consumers will be more willing to schedule with you if there are fewer hurdles to go over, such as needing to phone the front office and be placed on wait.
Conclusion:
The worldwide epidemic took a toll on cosmetics and hairdressing, which was among the most impacted industries. EasyTip is beneficial to both employees and company owners. Increased accessibility to tips makes employees happy and increases retention, allowing business owners to attract top personnel confidently. EasyTip has made tipping convenient and straightforward. Customers scan the QR code, choose who they choose to reward, and calculate the code. Their electronic tipping system is safe at all times, allowing consumers to pay their favorite employees even though they don't have cash on them. Managers should engage in a tool that enables staff to complete tasks as quickly and cheaply as possible.