non-monetary rewaeds in the workplace

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Issue:

Business

 

Written by:

Bobby L

 

Date added:

August 6, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 302

 

Was viewed:

4430 times

 

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Essay content:

Through these incentives, build employee internal needs such as, recognition, fulfillment and self-esteem. However, recognition is mainly the most sought out non-monetary reward in today's workplace. In recent studies have showed that 78% of employees indicated that it was very or extremely important to be recognized by their managers when they do good work (Nelson, 2004)...
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Others felt that they rarely and infrequent receive recognition of their performances and efforts. An ASTD report on retention research identified consistent employee recognition as a key factor in retaining top-performing workers (Jimenez 1999). Being that using these non-monetary recognition rewards can be very motivation and helping to build feelings of confidence and satisfaction...
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