Effectiveness of Team Based Rewards
Krell (2011) asserts that there is a direct relationship between an organizations high retention rate and the system of reward and recognition. In USA, people like working, and can flourish in companies that create positive environments—environments they feel they can make a difference and competent people pull towards a common goal. Reward and recognition systems are either individual based or team based. Traditionally, American companies focused on individual based because if created aggressive and motivated individuals who strived to get extra compensation on top of what they were earning (Melacon, Noble, & Noble, 2011). However, the system resulted in conflicts, negative ...
