For which of the following reasons are group reward systems often preferred to individual schemes?
i.They encourage teamwork
ii.They reduce dysfunctional competition between employees.
iii.They promote equity between employees.

Question

Quizplus · Accepted Answer

Group reward systems are often preferred to individual schemes because they have several advantages. They encourage teamwork, where members are motivated to contribute ideas, skills, and knowledge to achieve a common goal. The group reward system also reduces dysfunctional competition between employees, where members perform at the expense of others to gain competitive advantage. Lastly, they promote equity between employees as members work collectively to achieve specific targets and share the rewards equally. Therefore, all the given answers are correct.

For Which of the Following Reasons Are Group Reward Systems