What is the difference between bonuses and team awards?
A) Bonuses are for bigger work groups, whereas team awards are for small teams.
B) Unlike bonuses, team awards encourage cooperation.
C) Bonuses are usually given to employees who meet deadlines, whereas team awards are given only when the team as a whole meets the targets.
D) Unlike team awards, bonuses encourage competition among individuals.
E) Bonuses reward attainment of a specific goal, whereas team awards reward performance measured more broadly.

Question

Quizplus · Accepted Answer

Bonuses are given for achieving specific targets or goals, while team awards are given for overall team performance. Bonuses are individual rewards that may create competition, while team awards encourage cooperation and collaboration. Therefore, option E is correct.

What Is the Difference Between Bonuses and Team Awards