The use of cash as a reward is far less important than a simple thank you, according to a new online survey of 762 employees conducted by Nelson Motivation in November. When asked what matters most to them, respondents chose personal, written, electronic, and public praise (in that order) over cash bonuses. When asked, “What is most important to you?” when it comes to recognition practices, 55 percent of the survey's respondents said that being verbally praised for good ...

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