- First, are you considering doing this just once, or every year? Even if you communicate this as a one-time event, if you don't do it next year, some folks will perceive it as a “take-away.”
- Next, can you afford the cash-flow impact? If saving sick time to get the cash award catches on, you might be looking at a growing payout every year, and depending on your organization's accounting approach, this could result in a new accrued liability.
- Finally, will you be providing an incentive for sick workers to come to work when they shouldn't? Certainly, recent concerns about pandemic illness make this a very real consideration.
The information contained in this article is intended to provide useful information on the topic covered, but should not be construed as legal advice or a legal opinion. Also remember that state laws may differ from the federal law.
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