Ad-hoc Payroll Input
Ad-hoc payroll input refers to the process of adding or processing payroll input on an irregular or one-time basis.
Some of the examples of Ad-hoc inputs are -
- Annual Bonus, which is a financial incentive or reward provided to employees by their employer on an annual basis. It is a form of additional compensation beyond the regular salary or wages and is typically based on individual or company performance, or a combination of both
- Incentive, which is something offered to motivate or encourage a desired behavior, action, or outcome
- Joining Bonus, which is also known as a hiring bonus, is an incentive offered to a newly hired employee as an enticement to accept a job offer and join a company
- Retention Bonus, which is an incentive offered to employees to encourage them to stay with a company for a specific period of time
- Reward
- Other Earnings
- Other Deductions