team-incentives

Vocabulary Word

Definition

'Team incentives' is a system where a group or team gets rewards together when they reach a certain goal or perform well. It's like getting a trophy while playing in a sports team.

Examples in Different Contexts

For sales management, 'team incentives' can drive sales targets and motivate teams. A sales director might say, 'Implementing targeted team incentives has led to a noticeable increase in our quarterly sales figures.'

Practice Scenarios

Academics

Scenario:

The research output from our faculty has been remarkable this year. It's time we reward their contributions to the academic community.

Response:

I second that. Maybe we could offer team incentives like funding for academic conferences as a token of our appreciation.

Creative

Scenario:

The agency's portfolio is growing with excellent design work. It might be time to acknowledge our art department's creativity.

Response:

How about introducing a team incentive? Maybe an award for 'Best Design Team' at our annual function.