| Q: Our employees have worked really hard this year and we wanted to acknowledge it with a year-end bonus? Would this create any issues for us if we do not do it again?
A: It's wonderful that you are acknowledging the role your employees played in this year's success - we love to hear it! You can always make a one-time decision based on current circumstances. We recommend explaining that to your employees up front so they do not have the expectation of receiving this bonus each year going forward. As a one-time occurrence, this bonus should be able to be classified as a discretionary bonus, meaning there is no expectation on behalf of the employees to receive it and they did not have to meet certain criteria (like sales numbers) to get it. A discretionary bonus does not need to be calculated into compensation rate for overtime purposes whereas non-discretionary bonuses do. It may or may not be taxable so be sure to check with your accountant or payroll provider.
Affinity HR Group, Inc., is Big I NY’s affiliated human resources partner. Affinity HR Group specializes in providing human resources assistance to associations such as Big I NY and their member companies. To learn more, visit www.affinityHRgroup.com.
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