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 goals measured in terms of physical output, whereas team awards reward performance in terms of cost savings.

Question

Quizplus · Accepted Answer

Bonuses reward the members of a group for attaining a specific goal, usually measured in terms of physical output. Team awards are similar to group bonuses, but they are more likely to use a broad range of performance measures, such as cost savings, successful completion of a project, or even meeting deadlines.

What Is the Difference Between Bonuses and Team Awards