For everyone recognition matter a lot. If recognition is not given, an individual can feel unnoticed unvalued and unrewarded. This leads to a drop in motivation and energy levels.
In the workplace recognition should be formal or informal, for the individual and /or the team, as appropriate.
In giving recognition, one should try to ensure that they :
* Treat everyone in a fair and equal way.
* Reward real achievements or contributions
* Reflect the core values of the organization
* Use it to guide and encourage all concerned
*Give it in public if possible
* Give it formally or informally
* Give it genuinely or sincerely
Other than financial payments, any words of recognition could be reinforced by giving :
*Time off with pay off
* Tickets for an event or dinner out
* Small gift
* Special project of importance
* A change in job title
It is good idea to back up words of praise or recognition with some tangible gift.
Find out what is going on, share praise received with subordinates, and say thank you more often, because people really value positive recognition and are motivated by it.
Know people's names- that is the basic form of recognition
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