Experience outperforms cash in recognition
You don’t have to spend a lot of make employees happy.
You don’t have to spend a lot of make employees happy. Google once ran this experiment: One team was rewarded with
cash for achieving a particular goal, and a second team received experience-based rewards like tickets to a popular local
event. The second group found their rewards more fun and memorable than the first team by at least 25 percent. Five
months later, they were still more satisfied with the recognition than the first group. The lesson: Rewarding people with
experiences, not money, can boost morale and engagement.
—Adapted from the PC Magazine website
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