Which of the following represents the most successful use of team-based compensation?
A)equal pay for each team member based on team performance
B)skill-based pay plus a percentage of base pay
C)team-based variable pay on top of base pay
D)individual pay-for-performance based on team member input

Question

Quizplus · Accepted Answer

Team-based variable pay on top of base pay provides an incentive for the team to work together to achieve their goals, while also recognizing individual contributions. This encourages collaboration and cooperation among team members, leading to increased productivity and better overall performance. Skill-based pay and individual pay-for-performance structures may encourage competition and could potentially undermine team dynamics, while equal pay for each team member may not adequately reward those who contribute more effort or skill to the team's success.

Which of the Following Represents the Most Successful Use of Team-Based