Jane Doe CFP, CIM or Registered Tradename

With the Federal debt ceiling fight resolved and the potential of further artificial intelligence innovations on the horizon, stocks had a mixed month in May. For more, check out the Monthly Market Insights for June 2023 for a comprehensive overview of stock prices and market trends.

Monthly Market Insights | June 2023 The SiteForward program and team are all part of Manulife. We are dedicated to serving only Manulife Securities and MSII Advisors. Our goal is to help Advisors improve their online digital presence with quality websites embedded into a compliance workflow and business oversight.

Tired of "tipflation"? It's time to talk about the tipping backlash!

According to Bankrate, 2/3 of Americans now hold a negative view of tipping, and the number of consistent tippers is declining.

💻💡 Digital payments and automatic tipping prompts are fueling the frustration.

⚖️ Eliminating tipping practices is challenging, as restaurants that replace tipping with higher menu prices often face negative online ratings, warns Professor Michael Lynn from Cornell University.

Let's look at a real-world example: Molly Moon Neitzel, owner of Molly Moon's Ice Cream Shop, shares her annoyance with the tipping culture. It's awkward and never feels good!

🔌Technology has made it easier for non-traditional businesses to discreetly request tips through electronic bills, avoiding awkward in-person interactions.

💳 At Molly Moon's, credit card processors benefited the most from tips, but disparities in pay were revealed, with Black employees earning less.

Molly Moon's took action, offering a minimum wage of $21/hr, comprehensive benefits, and adjusted prices to ensure fair compensation.

Shifting the money flow while providing fair wages and benefits—customers didn't end up paying more overall!


Source:

"Tipflation" may be causing tipping backlash as more digital prompts ask for tips A recent survey suggests two-thirds of Americans hold a negative view of tipping.

Testing 12:55 Thursday: I like Manulife Bank where I do All in one Banking. Co-invest and Mortgage funds

Testing shared post - Mandy Habermehl

Forbes Billionaires 2022: The Richest People In The World The definitive list of the World's Billionaires, presented by Forbes

This is a test post by Mandy Habermehl on testing Facebook business page - Manulife Securities

Mutual Funds Advisor at Manulife Securities Investment Services Inc.
Life Insurance Advisor at Manulife Securities Insurance Inc. / SiteForward Inc.

A Certified Financial Planner (CFP) has competency and experience in all areas of financial planning. A CFP has completed courses of study in over 100 topics of financial management including equities, taxes, and retirement planning. He or she must also follow the Certified Financial Planner code of ethics. A Certified Financial Planner has a fiduciary responsibility to put your needs and interests above his or her own. While a CFP may profit from a product that is recommended to you, it is unethical for a CFP to recommend a product that is not in your best interest. Hiring a strictly fee-based (as opposed to commission-based) advisor is also a good choice if you're concerned about the advisor pushing products.