From many sites, "employers may now legally pocket tips."
Here's what I think is going on (meme follows):
More about this?
"But if they decide to follow the DOL’s new rule, and they don’t take the tip credit, and instead pay minimum wage of $7.25 an hour to all their employees, then tips are no longer considered the property of the employee; they become property of the employer. That employer could split those tips between back and front of the house. Then again, the employer could also keep them all."
I guess I'll be asking more questions.