Assignment: Rewarding and Compensating
Competency
Evaluate methods and systems for rewarding and compensating teams.
Scenario
As a leader, you have been tasked with building a team whose purpose is to recommend a new performance evaluation system. The current system is outdated and greatly reduces employee morale each year.
Instructions
As the leader of this problem-solving team, you are tasked with educating staff on the methods and systems used for team rewards. The company has asked you for a two-page report to summarize how and why teams are compensated.
In your report, you will want to:
• Describe the different types of team compensation and rewards.
• Discuss the relation between motivation and performance.
• Describe how managers evaluate and reward team performance.
• Recommend strategies for determining appropriate compensation and rewards, based on team type.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.