Team-based incentive plans work best when:
A) the goal is encouraging innovation within groups.
B) individual employees are performance-goal oriented.
C) the contributions of individuals can be accurately isolated.
D) cooperation is less important than internal competition.

Question

Quizplus · Accepted Answer

Team-based incentive plans are most effective when the goal is encouraging innovation within groups. This is because innovation thrives in an environment where individuals are encouraged to share their knowledge and creativity. Team-based incentives promote collaboration and discussion among team members, which can lead to new ideas and innovative solutions. Additionally, team-based incentives can help to create a sense of shared responsibility and accountability, which can motivate team members to work together to achieve success.

B, C, and D are not the best choices because individual performance goals, isolation of contributions, and internal competition are not the main drivers of success in team-based incentive plans. While maintaining individual accountability is important, team-based incentives are designed to recognize and reward collective contributions, rather than individual achievements. Isolating individual contributions can lead to interpersonal conflict and undermine team spirit, while internal competition can be counterproductive, leading to mistrust and animosity among team members.

Team-Based Incentive Plans Work Best When