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You think this is about holidays?
Once the employees know they have you over a barrel, they will demand many more things that hurt the business.
What will you do then?
Where will your red line be?
Most of us business owners have long ago crossed our red lines when we have been screwed over by employees that we have bent over backwards to help.
At some point you realize that an employee is the same as a desk or whatever else you have in the office. If you get involved in their personal lives, you lose.
You may think that is harsh, but you will learn that if you ever open your own business.
What you do for employees is never enough, so put away some cash to cover what the bad employees will cost you. It will happen.
I agree 100%, except your first line. It IS about holidays. Used to be, having someone work on thanksgiving was unheard of, unless you simply didn't celebrate it, like the Chinese folk in "A Christmas Story".