What are rewards tied to performance or milestones within a team called?

The term that describes rewards tied to performance or milestones within a team is team incentives. These incentives are designed to motivate team members to achieve specific goals and can include bonuses, recognition, or other benefits based on the team's performance. The idea behind team incentives is to encourage collaboration and drive results, as team members are more likely to work together effectively when they know their efforts will be rewarded.

In the context of a startup or any team-oriented environment, aligning rewards with performance milestones can enhance productivity, accountability, and overall morale. When team members see that their contributions matter and will be rewarded, it fosters a sense of ownership and motivates them to reach the established goals.

Other terms in the list, such as burnout, workflow, and process mapping, refer to different concepts. Burnout discusses a state of physical or emotional exhaustion, workflow relates to the sequence of processes through which a piece of work passes, and process mapping is a visual representation of a process. These do not pertain to the concept of performance-related rewards for teamwork.