Recognition motivates employees

A simple "thank you" still goes a long way in motivating employees, a recent survey of financial executives shows. Thirty-eight percent of those polled said that, other than monetary rewards, frequent recognition of accomplishments is the best way to encourage staff members. Regular communication ranked a very close second, receiving 37 percent of the response.
Here are some tips for effective motivation:
Give praise in public. Acknowledge an employee’s achievements i...

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