Episode 17 – Recognize What You Want More Of
The research is compelling. Only 1 in 4 employees feel they received meaningful recognition and praise for doing good work in the last week. 70% of employees report their most meaningful recognition had NO $ value. Non-cash recognition provides a higher return on investment than cash by almost 3-1.
Episode Summary:
Rod and Brian share examples, stories, and solutions to four major missed opportunities many organizations struggle with to maximize the potential benefits of non-financial reinforcement to motivate employees and improve their performance.
Whiteboard Notes:
Reflection Questions:
- When was the last time each of your employees felt they received meaningful recognition?
- Do your recognition efforts provide clarity as to what specific performance and/or behavior you would like repeated?
- Is recognition in your organization viewed as a management-only task or something expected from everyone to both give and receive?
