It is a form of payment that gets deducted from the salary of an employee and is not a part of the regular pay structure. The deduction of such pay structure can be done due to several reasons, like one-time charitable donations or tax adjustments. Such a type of deduction can be both voluntary and involuntary. One-Time Payments Deductions are non-recurring and are deducted once in an employment cycle or a year, depending on the reason. This is one of the most uncommon terms in HRM, but can be crucial for several companies which commonly deal in charity or unexpected tax deductions.
