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explain Team based incentive compensation and give example​

Sagot :

Answer:

A team-based incentive pay plan financially compensates employees for the goals they meet as a collective group, rather than as individuals. Group bonuses, a department lunch, a fun outing for the group and extra vacation time are team-based rewards examples.

Explanation:

correct me po if I'm wrong ☺️

Answer:

A team-based incentive pay plan financially compensates employees for the goals they meet as a collective group, rather than as individuals. Group bonuses, a department lunch, a fun outing for the group and extra vacation time are team-based rewards examples.