Hi, I need help with essay on Rewarding team performance. Paper must be at least 1250 words. Please, no plagiarized work!
There is a perception that rewards are often more costly for the employer but to have a motivated and enthusiastic team gives much more returns to the business and even contributes towards the growth which are much more profitable for the firm in comparison to the cost that the employer incorporates reward system.
Rewarding team performance can be defined as a mechanism through which the employees are motivated to create more high standards of performance so as to contribute towards the growth and success of the organization (Armstrong, 2012). It can also be termed as acknowledging the hard work of the team to achieve the common goal by the management.