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Marketplace All-in-One

It’s time for holiday tipping

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 10 December 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

Tension over tipping may be softening thanks to some holiday cheer. A new survey from Bankrate finds that more people are planning to tip regular service providers — like child care providers, housekeepers, gardeners and mail carriers — this holiday season than in recent years. Plus, a potential strike is brewing in the world of European soccer, and we’ll discuss how fresh inflation data may inform the Federal Reserve’s next moves.

Transcript

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0:00.0

Tis the season for tipping more from Marketplace. I'm Sabree Beneshore, in for David Brancaccio.

0:08.7

Tension over tipping might be easing a bit thanks to holiday cheer. A survey from Bankrate

0:15.9

finds that this holiday season, more people are planning to tip workers that help them out all year round. More than

0:22.0

50% say they plan to tip or give gifts to housekeepers and child care providers. And many also

0:27.6

plan to tip gardeners, mail carriers, trash collectors. Marketplaces, Samantha Fields has more.

0:32.6

Tipping has become more fraught these days for many of us. Almost every time you go to buy something

0:37.3

in a store now,

0:38.1

it feels like there's a prompt to tip. I was asked to tip at a self-checkout at Newark Airport,

0:43.6

and I was asked to tip at a pick-your-own strawberry farm. Ted Rossman at Bankrate says that's caused

0:49.5

something of a backlash against tipping. Around the holidays, though, people are feeling better. I mean,

0:54.7

some of it is that holiday spirit, right? People are feeling more generous. And some has to

1:00.6

do with personal relationships and the connection people feel to those providing a regular service.

1:05.7

Drew D. Silver at the Pew Research Center says for most people,

1:09.4

quality of service is like the major factor in deciding whether to tip.

1:13.6

And that might be something you're also thinking about over the holidays

1:16.5

is because you're thinking about the people who provide you services over the year.

1:20.0

Most of the year, Ted Rossman at Bankrate, says fewer people are tipping for all kinds of services.

1:25.4

At restaurants and hair salons and for taxis and ride shares.

1:29.7

But holiday tips for nannies, housekeepers, and supers are holding steady.

1:34.2

I'm Samantha Fields for Marketplace.

1:37.1

The Federal Reserve meets next week to decide what to do with interest rates in this country.

1:42.0

The whole point of that is to fight inflation but also keep the economy in a good place. And tomorrow we learn how inflation is actually doing,

...

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