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Sage Social Science Thesaurus

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social science subjects > business and management > human resource management > pay and rewards > team-based compensation
social science subjects > business and management > sociology of work > pay and rewards > team-based compensation
social science subjects > sociology > sociology of work > pay and rewards > team-based compensation

Preferred term

team-based compensation  

Definition

  • Team compensation consists of pay, benefits, and other rewards delivered to members of work teams in return for their contributions to the performance and capabilities of their teams. In contrast to individual compensation for individual work, team compensation refers to rewards for cooperative products or services of teams, for which members share both the responsibility and accountability, and which they accomplish together through coordinated, interdependent efforts. [Source: Encyclopedia of Health Care Management; Team-Based compensation]

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https://concepts.sagepub.com/social-science/concept/team-based_compensation

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