#E2sday: The Power of Recognition in the Enterprise

|   Dec 13, 2011

According to a Westminster College study, 65 percent of surveyed managers believe that money is the primary driver of employee performance. However, the same data shows that employees actually feel differently. This discrepancy had lead to a disproportionate amount of attention paid to financial incentives and not enough spent on simple employee recognition and support. In general, managers can easily over look these non-financial incentives that can be powerful tools for improving employee engagement and performance. Before spending more on salaries, it makes sense to understand the value of a simple pat on the back in the enterprise.

The Power of Recognition in the Enterprise

Comments

  • Reminds me of : http://www.youtube.com/watch?v=u6XAPnuFjJc

    I’m so glad to be in the 35% of managers on this one!

    Commented on December 13, 2011 at 1:41 pm
  • I wish I’d had an opportunity to get my survey answers in! I would’ve liked to sway this result the other way if even just a bit. ‘Employee of the Month’, with no financial support, seems a mockery. Most employees actuallly dislike pitting arrangements such as monthly shiners (sticks) or rotating ‘leaders’- especially when these are IN PLACE OF financial reward, which supports lives.

    Commented on December 17, 2011 at 7:26 pm

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