Gallup, Inc. research has concluded that a lack of recognition or praise for doing good work is responsible for a 10 to 20 percent difference in revenue and productivity. What's more, employees who report that they're not adequately recognized at work are three times more likely to say they'll leave in the next year. And, of course, attrition costs money and drags on overall productivity.
In a Harvard Business Review blog post by Jack Zenger and Joseph Folkman....