Policy Open Comment Period: Draft Gift Card Policy

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Event Details
Contact

Policy Specialist
Georgia Institute of Technology
Compliance and Policy Management
760 Spring Street N.W., Suite 324
Atlanta, Georgia 30308-1028     
Tel: (404) 385-0732   
Fax: (404) 894-3120
E-mail: policylibrary@gatech.edu

Summaries

Summary Sentence: Policy open comment period allows campus to provide feedback on draft policies.

Full Summary: This policy addresses gift card usage, as a form of payment to employees, for the purpose of incentives, awards, door prizes, gifts for personal accomplishments, and compensation. This policy ensures compliance with IRS tax reporting requirements for employee ‘cash equivalent’ payments and codifies the Institute practice that prohibits distribution of gift cards to employees.

This policy addresses gift card usage, as a form of payment to employees, for the purpose of incentives, awards, door prizes, gifts for personal accomplishments, and compensation. This policy ensures compliance with IRS tax reporting requirements for employee ‘cash equivalent’ payments and codifies the Institute practice that prohibits distribution of gift cards to employees.

Related Links

Additional Information

In Campus Calendar
Yes
Groups

GT Policy Library

Invited Audience
Faculty/Staff
Categories
Other/Miscellaneous
Keywords
Policy
Status
  • Created By: Tiffany Watson
  • Workflow Status: Published
  • Created On: Nov 15, 2013 - 9:18am
  • Last Updated: Oct 7, 2016 - 10:05pm