Recognition And Reward

Employee reward and recognition are an important component of every prosperous company and essential to acknowledge the value of an employee's achievements. When employees are praised and rewarded for their efforts, they put in more effort to thrive and are inspired to do great work.

Importance of recognition

As a manager, you must recognize and reward people's great work and celebrate all wins, no matter how small. A simple acknowledgment of a team's contributions raises not only the team's morale but also their motivation level.

A manager needs to build a culture of recognition in the team, where not only the manager, but every individual recognizes the achievements and efforts made by their colleagues.