Individuals should be rewarded and recognized. Good team players should get praise, pay raises, promotions, and other rewards and recognition for their work. Incentives need to be tied to performance. Here are three ways that employees can be rewarded and recognized for teamwork.

Nonfinancial. Being part of a successful team is satisfying, as it provides opportunity for personal development and to help teammates grow, as well as providing enjoyable relationships. Skill-Based Pay. Employees are paid for learning additional skills or knowledge they need to perform multiple jobs within a team and to share knowledge with other team members. Employees share the gains through productivity, costs, and quality.