In a stagnant economy where cost- cutting is widespread, _______is a low- cost means to reward employees.

Question

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Using recognition is a low-cost means to reward employees in a stagnant economy where cost-cutting is widespread. Recognition can be as simple as saying thank you, publicly acknowledging an employee's efforts, or providing a certificate of achievement. It does not require a significant financial investment, but it can help boost morale and increase employee engagement. Linking rewards to performance and offering contingent bonuses may require more significant financial investments, and individualizing rewards may not be feasible in a cost-cutting environment.

In a Stagnant Economy Where Cost- Cutting Is Widespread, _______Is