Name and describe two group- or team-based incentives.
Team bonuses are one-time rewards that follow specific accomplishments of teams of employees.
Gainsharing is a company-wide program where employees are rewarded for performance gains compared to past performance.An example of this is labor cost savings.
Profit sharing involves sharing a percentage of company profits with all employees.
Stock options give an employee the right,but not the obligation,to purchase company stocks at a predetermined price.

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The Answer of Name and describe two group- or team-based incentives.
Team bonuses are one-time rewards that follow specific accomplishments of teams of employees.
Gainsharing is a company-wide program where employees are rewarded for performance gains compared to past performance.An example of this is labor cost savings.
Profit sharing involves sharing a percentage of company profits with all employees.
Stock options give an employee the right,but not the obligation,to purchase company stocks at a predetermined price.

Name and Describe Two Group- or Team-Based Incentives