From the course: Emerging Leader Foundations
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Recognize and reward team performance
From the course: Emerging Leader Foundations
Recognize and reward team performance
- A study by Badgeville found that almost four out of every five employees report that their most meaningful recognition had no dollar amount. While money might feel like a nice reward and help us pay our rent or buy food, it doesn't satisfy our long-term craving for meaning. Recognition has a more powerful effect on someone's life because it provides validation and shows the importance of someone's work. Instead of money, offer a compliment, take an employee out for lunch, or allow them to work from home for a few days. These gestures will make them feel appreciated and help you build a stronger bond with them. As leaders, we're used to recognizing individual performance, but it's time to focus on the entire team. After all, the team's success is the sum of everyone's efforts. Recognizing your team as a whole also creates a sense of belonging and builds relationships between employees. You can recognize the time on a weekly or on a project basis. In order to recognize your team, try…
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