Today, we're going to take a quick look at one of the most confusing topics in HR and benefits management: holiday pay and time off.
Many employers and managers are faced with the annual conundrum of whether, when, and how to offer holiday bonuses to employees. The end of the year is a traditional time for recognizing employees’ contributions to your business. Whether large or small, cash or a gift, it’s important to note that the bonuses we discuss here are not commissions as a form of payout for sales or performance. Rather, a bonus is a discretionary gift to employees for a job well done or loyal service throughout the year.