“We leverage this at our company. We eliminated end-of-year Christmas bonuses … instead … We have a ‘Rainy Day Fund’ the employees can tap if they have an emergency (must get approval from GM) and if they don’t tap it, they get the entire $2,500 as a lump sum at the end of the year. It has worked quite well. I’d recommend this strategy to any small businessperson with hourly employees.”
