No pay for Exempt EE for Holiday if sick before/after

We currently have a policy that if an Exempt employee calls out sick before/after a Company Holiday, they are not eligible to use PTO time to cover the holiday.  I have a concern that we are essentially forcing them to go unpaid for the Holiday and thus that is deducting $ from their check.

 

Policy states:

If an employee is scheduled off
on a legal holiday and is absent without prior approval from his/her scheduled
shift prior to or after the legal holiday, the employee is not eligible to be
paid for the unscheduled absence using time from his/her PTO bank.

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