Extension, Cooperative

 

Date of this Version

2000

Document Type

Article

Comments

© 2000, The Board of Regents of the University of Nebraska on behalf of the University of Nebraska–Lincoln Extension. All rights reserved.

Abstract

This NebGuide explains how managers can tailor recognition to individuals, thus increasing its effectiveness.

The Importance of Rewards

If there's one thing in life that everyone wants it's to be appreciated, rewarded and recognized for their contributions. Studies indicate that employees find personal recognition more motivational than money. Results of a recent Council on Communication Management survey confirms this. According to a recent Gallup poll of people who stopped volunteering, 42 percent said they felt their work was unimportant or was unappreciated at the work place or in a volunteer setting, appropriately rewarding people is important to retention and job performance.

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