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What are some of the challenges in designing an incentive system? How would you design a...

What are some of the challenges in designing an incentive system? How would you design a team-based compensation system such that free riders on the team cannot take advantage of the system?

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Answer #1

Following are some of the challenges in designing an incentive system------

1. Timely implementation and communication of incentives.

2. Transperency and monitoring of incentive scheme

3. Inequity and relevancy.

4. consistency.

I would design as i would create a system where free rider cannot take advantage by requiring everyone to do special task and splitting it even. I will also offer reward such as better pay for those who do more work and have better qualified skill. i will require team evolution where you required to rate each others inputted work. since team based requires same pay , they wont get same benefits and improvements. people respond to incentives so its good to implement an incentive system.

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