Deliverable 3 – Rewarding and Compensating

Student Success Criteria
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Scenario
As a leader, you have been tasked with building a team whose purpose is to recommend a new performance evaluation system. The current system is outdated and greatly reduces employee morale each year.

Instructions
As the leader of this problem-solving team, you are tasked with educating staff on the methods and systems used for team rewards. The company has asked you for a two-page report to summarize how and why teams are compensated.
In your report, you will want to:

• Describe the different types of team compensation and rewards.
• Discuss the relation between motivation and performance.
• Describe how managers evaluate and reward team performance.
• Recommend strategies for determining appropriate compensation and rewards, based on team type.