If you’re on the hunt for ideas to show your employees how much they’re appreciated – just because it’s nearly Employee Appreciation Day – then there’s something you should know. You can (and should) make your team feel valued every day of the year.
Here’s how this works. A study by Dan Ariely, Emir Kamenica and Drazen Prelec divided participants into 3 groups and assigned them all the same basic task. Groups who didn’t receive recognition for their work needed twice the pay to continue with the task as opposed to the group who did receive recognition. Ouch.
Moral of the story? Value employees as humans, and promote their workplace happiness. In return, you’ll have more loyal, motivated and high performing staff who don’t need to see dollar-dollar signs before fully investing in their work.
Tags: employee recognition • Interviews / Opinions • Staff Appreciation • Workplace Happiness