Monday 19 August, 2019

Millennials ‘are the worst tippers’

Millennials are the least likely to tip of all the generations, a new US report has revealed.

According to the poll by CreditCards.com, 10% of Americans between the ages of 18 and 37 routinely leave no tip (compared to just 3% of older adults) and almost a third leave less than 15%.

This is unusual in the US, where tipping culture is entrenched (15% is considered the minimum) and waiters and waitresses count on tips to significantly boost low hourly rates.

According to the report, if millennials are presented with a variety of tipping options – for example in a coffee shop or when taking an Uber taxi – one in six say they choose the lowest option and almost 20% say they don’t tip at all.

They also dislike the idea of tips: more millennials than any other generation would prefer tips to be scrapped and instead folded into listed prices, as in other nations like Japan. About 27% say they favour this option.

And while almost 55% of people aged 65 and higher said they tipped 20% or more in restaurants, only 35% of under 30s said they tipped at that level.

To be fair, people at the start of their careers traditionally have less money than those who have had time to climb the work ladder.

And overall, millennials are less wealthy than previous generations. A report in January 2017 by the US Federal Reserve said millennials were earning 20% less than baby boomers did at the same stage of life, despite being better educated. Education and housing costs have also climbed.

The report was based on an online survey of 1,000 adults conducted May 18-20, 2018.

For the latest lifestyle news, download our app at http://bit.ly/GetALoopJM for Android; and at http://bit.ly/GetiLoopJM for IoS.

Get the latest local and international news straight to your mobile phone for free:

  

Comments