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EquusNomVeritas
Guest
I would have to say that your decision should be made basis on whose money it is that you are considering here. I take it that it is extra profit from your business. So you have to ask yourself, to whom does this profit actually belong? You, or the business? If the profit belongs to you, then charity is a great way to spend it. But if the profit belongs to the business, then it should go first to your employee. If your employee has a just claim to that extra money, then it is his (or hers). Sending it to charity is, in that case, not so very charitable, because you would be sending someone else’s money to the charity. This in turn is similar to the workings of socialist government, a topic that I discussed here. If the employee has no claim to the money (ie if the money earned is actually yours) then sending it to charity may actually be the right thing to do, because the employee has agreed to work for you at his (her) current pay. Giving him (her) a raise is still acceptable in this case, but only if you know that you can actually afford it. Alternatively, you can split the money, giving some to charity and some as a bonus to the employee.