Are Vacations Mandatory? - by Ravi Patel

 

 

Vacations are offered at almost all companies as a benefit to the employees. Employees use this benefit to spend leisure or social time with their families. Employees can hopefully recharge their batteries to come back to work rejuvenated.

 

Do you require vacations to be mandatory or can employees use the unutilized vacation time as extra cash compensation? If it is the latter, you might be doing a disservice to your employees. Vacations are meant to be used as a benefit for relaxation and should be used as such.

 

There is another important internal control feature in requiring mandatory vacations. It allows companies to uncover any irregular activities, if there are any, during the absence of  employees. Entrepreneurs should keep in mind this internal control aspect.

 

Recent Tweets