Kertymäpalkkio

Kertymäpalkkio, meaning "accrued bonus" or "accumulated reward" in English, refers to a type of incentive or benefit that is earned over time through continued employment or achievement of certain milestones. It is a common feature in employment contracts and loyalty programs across various industries.

The core principle of a kertymäpalkkio is that the value of the reward increases gradually as the individual remains with the company or continues to meet specific performance criteria. This can take many forms, such as a percentage of salary, a fixed amount, or shares in the company. For instance, in some pension schemes, an employee's future pension benefit accrues each year they are employed, with the total benefit being the sum of these annual accruals. Similarly, sales commissions might be structured so that higher cumulative sales figures unlock progressively larger bonus percentages.

The purpose of a kertymäpalkkio is often to encourage long-term commitment and loyalty from employees, reducing staff turnover. It can also serve as a powerful motivator, aligning individual goals with the company's long-term success. When an employee understands that their future rewards are directly tied to their continued contribution, they are more likely to remain engaged and productive. The terms and conditions of a kertymäpalkkio, including the rate of accrual, vesting periods, and payout conditions, are typically clearly defined in the relevant contract or program guidelines.