7 Misconceptions About Employee Recognition
NOVEMBER 30, 2016
For some companies, the benefits of recognition are obvious. In other businesses or industries, recognition programs and practices are at risk of being eliminated. Misconception #1: Recognition is expensive. Executives may fear that recognition will cost their business a lot of money. But that’s simply not true; although incentive programs require a firm, and often hefty, financial investment, recognition does not carry such a load.