Motivosity does away with the traditional point-rewarding system with its dollar-for-dollar recognition program. Here, managers (or employees) do not award points. Instead, they award real dollars.
An effective employee recognition program doesn’t mean expensive or time-consuming. It’s all about asking employees how they want to be recognized and following through meaningfully.
The study also revealed that 94% of employees who feel highly appreciated love their workplace, and 91% love their job. In stark contrast, only 18% of those who feel unappreciated or neutral report ...
also found that 42% of senior executives strongly agree that employee recognition must be a key pillar in their employee engagement and retention strategy, up from a mere 28% from two years ago.