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After transaction information has been recorded in the journal, it is transferred to the
Employee Bonus
Additional compensation given to employees beyond their regular salary, often as a reward for achieving performance targets or for exceptional service.
Reward Performance
Implementing incentives or recognition for individuals or teams based on their achievements or output, typically to motivate and encourage desired behaviors or outcomes.
Firm Loyalty
The degree of commitment and allegiance an employee exhibits towards their organization, often resulting in increased productivity and willingness to contribute to the company's success.
Merit Pay System
A compensation strategy that rewards employees based on their performance and achievements rather than their role or seniority.
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