Vacation time pay in lieu of time off
Is anyone paying employees for vacation time (on the Books) in lieu of taking the time off? Say in the case that an employee is at or near max on time for the year and he would like the extra pay instead of taking the time off. What would you do? We have several employees that would like the extra pay (5 days) instead of taking the time off. If you do pay them what are your rules and how do you handle it.