The exclusive focus on monetary rewards inevitably leaves organizations fighting a fierce but losing struggle to balance individual and team results. Rewarding high performers serves the imperatives of accountability and excellence but can undermine alignment and cooperation among team members. Yet basing pay on team results in order to incentivize collaboration often ends up inadvertently rewarding subpar individual performance and penalizing individual excellence. Neither approach helps the larger enterprise succeed.
Content: Quotation
Authors: Fred Kofman, Sally Helgesen
Source: strategy+business
Subjects: Compensation, Human Resources, Motivation, Organizational Behavior, Teamwork
Authors: Fred Kofman, Sally Helgesen
Source: strategy+business
Subjects: Compensation, Human Resources, Motivation, Organizational Behavior, Teamwork
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