Examlex
Which is not an advantage of accounting software applications?
Merit Pay
A compensation strategy that provides salary increases or bonuses based on employee performance achievements.
Standard Hour Plans
Compensation systems where workers are paid based on a fixed rate for each unit of production completed within a standard time.
Stock Ownership
Refers to holding shares or equity in a company, which can be a form of compensation or investment, aligning employees' interests with the organization's success.
Group Bonuses
Additional compensation provided to a team or group for achieving or surpassing certain goals.
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