team bonuses
Collective performance payouts
Team bonuses are financial rewards given to a group of employees based on collective performance rather than individual achievement.
The structure encourages collaboration—everyone shares in the success when the team meets its targets: The sales department split a team bonus after exceeding quarterly goals.
Team bonuses can create tension when some members feel others aren't pulling their weight.
- incentivesRewards prompting action
- rewardsBenefits given for merit
- profit-sharingDistributing earnings among workers
- commissionPayment for services rendered
- payoutMoney distributed to recipient
performance · goals · targets · achievements · recognition · motivation · collaboration · pooled · quarterly · annual · end of year · celebration · pizza party · milestone · winner's circle · kickback · compensation · perks
- rewardsrewards, reward, prizes, prize, trophy
- profit sharingprofit sharing, profit-sharing, shared profits, revenue sharing, incentive pay