Employee Incentives are a way of compensating and motivating employee performance apart from the usual salary.

When an organization wants to encourage productivity among its employees, one of the options available is rewarding the Employee with an incentive. StrideERP allows you to create Employee Incentives as and when required for a particular payroll entry.

To access Employee Incentive, go to:

People > Payroll > Employee Incentive

1. Prerequisites

Before creating an Employee Incentive, it is advisable to create the following:

• Employee
• Salary Component

2. How to create an Employee Incentive

On submit, the 'Additional Salary' document of the specified 'Salary Component' is created. This will be fetched while running the Payroll Entry.