What's the first step in the three-step approach in deciding on team incentives?

A) Performance measures are decided.
B) The size of the incentive is decided.
C) A payout formula is determined.
D) A survey is conducted.

Team Incentives

Rewards or benefits given to a group of employees for achieving specific goals or performance targets.

Performance Measures

Metrics used to assess the efficiency, effectiveness, and quality of an employee's or organization's work.

Payout Formula

A predefined method or equation used to calculate the amount to be disbursed to individuals or entities, often used in financial contexts like investments or insurance.