BONUS - CASH??

President wants to give employees a "bonus" ($50-250) in cash on Xmas Eve. I haven't been able to find a definitive answer as to whether or not it's legal to do so. I don't believe it is as it is still considered wages from the company, but I want to be able to quote specifics to him before I tell him no...and I don't want to be Scrooge either as the company is just starting to recover from the last 2 years.

Help!!

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