Interesting thoughts provided by Mike Liubinskas, the co-founder of Pollenizer & Web Startups and a graduate of the Australian Graduate School of Management.
- Young people want more recognition than financial.
- Combining them reduces the value of each - i.e. paying someone for an excellent job takes away from the positive esteem value of the recognition.
- Teams are more likely to share positive recognition with each other if it's pure recognition.
- People want a balance of daily small bits of recognition and occasional (a few times per year) big recognition.
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