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Team Based Pay

Team Based Pay

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Published by Er Swati Nagal
Compensation management
Compensation management

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Categories:Types, School Work
Published by: Er Swati Nagal on Jul 02, 2012
Copyright:Attribution Non-commercial

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05/13/2014

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MGMT 4030 - Managing Employee Reward Systems
Team-based Pay
Team Definition (Katzenbach & Smith, 1993)Group of employees whose members are
mutuallyaccountable
to each other for 
common goals
.Team members interact on a regular basis.There is the possibility of synergy between teammembers.Size of team is between 2 and 25 members.
 
MGMT 4030 - Managing Employee Reward Systems
Types of Teams
(Cohen & Bailey, 1997)
Work Team
 – Controls a business process such as customer service or manufacturing. Product or service quality is a keycriteria. – Permanent work assignment and full-time commitment.
Project Team
 – Project is limited by completion time such as new product design or construction project. Delivery time, budget variance and design quality are some criteria. – Full-time commitment; after project team members arereassigned to different projects.
 
MGMT 4030 - Managing Employee Reward Systems
Types of Teams
(Cont’d)
Parallel Teams
 – Used to solve specific problems such as quality, safety,employee grievances or impact of technology change. – Used in parallel to functional units where employeesspend most of their work time. – Requires only a part-time commitment as team member.

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