"A transactional leader is someone who is laser-focused on performance, similar to a pacesetter. Under this leadership style, the manager establishes predetermined incentives—usually in the form of monetary reward for success and disciplinary action for failure. Unlike the pacesetter leadership style, though, transactional leaders are also focused on mentorship, instruction and training to achieve goals and enjoy the rewards." ("10 Common Leadership Styles," n.d.)
By creating incentives for employees it creates a reward system that makes employees more inclined to perform better. The traits I like most about transactional leadership and would like to adopt in my practice are mentoring, training and instruction new people at the workplace.