What is the difference between recognition and rewards?
Recognition is acknowledging someone's efforts or achievements, while rewards are tangible benefits given for performance.
Can you give examples of each?
Sure! Recognition could be a shout-out in a meeting, while a reward might be a bonus or gift card.
Which one is more effective for employee motivation?
It depends on the individual. Some people are motivated more by recognition, while others prefer tangible rewards.
How can companies implement both effectively?
Companies can create a balanced program that includes regular recognition events and a structured rewards system.
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