Friday, May 8, 2009

Praise and Recognition

According to a survey published in USA Today, the way employees want to be acknowledged for their work may be different than our knee jerk reaction as to how they want to be recognized.

Take this "quiz".

Rank the following items in the order you think employees prefer.

Additional time off.
Cash bonuses.
Seminars or Training.
Verbal recognition.
A personal card or note.

What was your first choice? How about your second? If you chose the one most people choose, cold hard cash, you would be...
incorrect. In fact the 42% of those surveyed preferred verbal acknowledgement over additional pay! Cash bonuses came in at 19%. Followed by additional time off at 9%, seminars and training at 7% and cards and notes at 6%.

The moral of the story is, to verbally praise your team, when it is deserved of course, is the best way to give them what they want. In so doing, you will build the team morale, and drive success in your practice.

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