Employee recognition programmes – just why are they so important?

One of the biggest misunderstandings in business is that remuneration is the key driver of motivation in the workplace. A new research conducted by Harvard Business School Assistant Professor Ashley V. Whillans, shows that more than 80 percent of US employees say they do not feel properly appreciated or rewarded, despite the fact that an ever-increasing number of US companies are allocating more than a fifth of their yearly budgets on salaries. The research shows, in fact, that what employees desire is to sense that their managers recognise and appreciate them beyond the provision of financial rewards. Read more.

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