"bonus $$ to paid vacation time"

My company can't afford to give bonuses this year so we want to offer extra vacation time. Is there any best practices out there for converting forgone bonus $$ to paid vaca days?

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I've not heard of this before and it could be dangerous. Instead of tying it to bonuses not paid, just offer the team a new spiff for meeting some near term objective that could equate to additional time off.

Posted anonymously on Jan 30, 2010 - 1 Votes - Flag this post

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Posted on Jan 22, 2010

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