Which one do you think will influence the employee the most (Money, Social recognition, and Performance...

Which one do you think will influence the employee the most (Money, Social recognition, and Performance Feedback)

Expert Solution

Answer : - Social Recognition will influence the employee the most because social recognition is a key factor for motivation in the digital age workplace.Social recognition has more impact as compared to money recognition or performance feedback.

Following are the reasons why social recognition influences the employee most : -

1) It engages employees : - Employees who feel they have been recognized for their contributions or are regarded as experts on certain topics feel more valued. They feel that their contributions matter to the company and that in turn makes them willing to engage.

2) It boosts team performance : - Social Recognition actually boosts team performance and helps foster a better working environment. However, employees who are recognised are ofter respected or regarded as experts by their peers.

3) It builds trust : - When everyone is allowed to participate in a public forum, everyone can see exactly who is being recognized for what - and they can even nominate their own peers for recognition when they think it's deserved. This can help your firm build an open, honest community, which in turns fosters trust.

4) Get better hires and spot talent : - These recognition programs act as incentives for job seekers; a firm that uses this method of recognition to reward employees is very attractive, especially to younger people.

ekkarill92 answered 2 years ago

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