The Financial Frontier of what should be a tip on a $300
Tipping conventions are shaped by economic and cultural factors. In the United States, a standard 15-20% tip is customary, suggesting a range of $45 to $60 for a $300 bill. However, this range can vary based on service quality and local norms. The optimal tip should balance appreciation for good service with financial constraints, considering the impact on the server’s income, the establishment’s operating costs, and the customer’s budget.
