by Loren G. Edelstein | January 01, 2013
Dwindling Dollars chartMore than one-quarter of meeting planners have reduced what they spend on meetings-related tips in recent years. Why the tighter pockets? Sixty percent of respondents to a recent M&C poll say they're more mindful of spending, and 48 percent point out that more venues now include service charges, among other reasons.

 


 

 

 

 


Budget Cuts & Beyond chart


48% cite the growing prevalence of service charges as one reason they've cut back on gratuities.

76% give gratuities in cash, 46 percent bill tips to the master account, 12 percent give gift cards and 8 percent give presents.

45% of meeting planners are required to submit receipts or other documentation for all tips, while 24 percent must do so for tips above a set dollar amount.

81% distribute gratuities after the event. Just 1 percent tip in advance.

 

Click below for "Who Gets What" chart:

         Who Gets What chart thumbnail

 

Source: M&C Research survey of 153 meeting planners