Describe the approach to assigning project bonuses


Question: Jack recently joined a software development company as a project manager. On his first day, he discovered that the company implemented a unique approach to assigning project bonuses. Instead of rewarding individual contributions, the company followed a collective rewards system. The bonuses were distributed equally among the entire project team, irrespective of individual performance. What action should Jack take regarding this program? a. Expand the program to allow teams to make all hiring and firing decisions. b. Make sure the plan goes into place only after the company has corrected information asymmetry. c. End the program because it encourages opportunistic employees to do little or no work. d. Make sure information asymmetry is corrected before the next round of raises.

 

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Other Management: Describe the approach to assigning project bonuses
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