Short Version: Employees that are on time get paid more than employees that are late. Often used by corporations, this system encourages punctuality.
Long Version: Employees are hired at a certain wage (ex. $10/hr) and are told that that pay includes their punctuality bonus. If that employee is late clocking into thrive by a determined amount of time (ex. 5 minutes) then they instead get paid their hourly without their punctuality bonus. If the employee is late by the amount of time set by management then they only get paid their base pay.
Ex: Johnny was hired at $12/hr including his punctuality 10% punctuality bonus. Johnny shows up for his 5:00pm shift at 5:15pm. Instead of making $12/hr, Thrive calculates his wages for that shift/day with the 10% punctuality bonus deducted and Johnny only makes $10.80/hr for the shift/day.