Industry News and Ideas
Cash vs. Tangible awards
Recognition programs are designed to motivate and reward people and to reinforce positive behavior. Often times the question comes pops up: which is a better motivator, cash or tangible awards? While cash may seem like the most desired or easy to use, we know that using cash as incentives has serious drawbacks. Here are some points to remember when looking at incentive programs:
Maslow’s Hierarchy of Needs: The Importance of Recognition
American Psychologist, Abraham Maslow, outlined a hierarchy of five levels of basic needs. Maslow believed fulfilling these needs helped sustain human behavior. When considering a recognition program, it is important to realize these basic needs.
Other articles of interest
Occupational Health & Safety:
Safety First
These programs reduce injuries and save money, especially in high-injury industries such as construction and heavy manufacturing.
AllBusiness.com:
Revving up sales
An inside look at an exciting NASCAR program aimed to recognize, retain, and accelerate sales activity.
TIME magazine:
How to Succeed? Make Employees Happy
A new approach on employee satisfaction. “The idea is that happy, empowered employees beget happy customers.”
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