The two most common compensation methods for teams are:

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Skills-based pay and gain-sharing are two of the most common compensation methods for teams. Skills-based pay rewards team members based on their level of expertise and the skills they bring to the team. Gain-sharing involves distributing a portion of the profits or savings generated by the team's work among the team members as an incentive. Both of these methods encourage teamwork and collaboration, as well as incentivizing individual performance within the team.

The Two Most Common Compensation Methods for Teams Are