Team or Small Group Incentive Plans

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202233

Term: Team or Small Group Incentive Plans

Definition:Team-based incentive plans may be used to motivate staffers to work together to increase productivity and earnings. If successful, they earn monetary and non-monetary rewards. Team incentives encourage group goal setting, collaboration and teamwork.

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75 - Creating a Variable Pay Plan 10
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World at Work
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The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/

ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®