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Individual or team

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A look at how rewarding a team instead of individuals can help people work together

Most performance management systems are focused on individual achievement, but rewarding a team can be just as powerful. “Team rewards work really well if you are trying to change behaviour and the culture of a business,” says Bill Alexander, MD of experience gift company Red Letter Days. “It can also help get people to work together.” To get it right, remember the following principles:

 

  • Make sure everyone in the team understands and agrees what success looks like, and how it will be measured.
  • Consider conducting team performance reviews as well as individual ones.
  • Get to know the team so you can ensure they value what they’ll be rewarded with – especially important if it isn’t cash.
  • Focus on the behaviours that lead to team success, rather than on individual accomplishments.