Recognition of an employee is not as strong of an incentive as money and other material rewards.

Question

Quizplus · Accepted Answer

While money and material rewards can be strong motivators, recognition and appreciation are important as well. In fact, many employees value recognition and feeling appreciated just as much or even more than financial rewards. A lack of recognition can negatively impact employee morale and engagement. It is important for employers to find a balance between material rewards and recognition to effectively motivate and retain employees.

Recognition of an Employee Is Not as Strong of an Incentive