Praise over price: When recognition outweighs salary

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Imagine having employees who are twice as likely to stay committed to their jobs and five times less likely to job hunt.

What’s their secret? Weekly, meaningful recognition. It’s more than a simple “thank you” — it’s what drives the kind of behaviors that lead to business success.

The power of praise

It’s clear: recognition does more than boost morale; it fuels job commitment and productivity. Employees who feel truly valued are more likely to advocate for your company, leave positive reviews, and refer great talent. In fact, recognition trumps salary when it comes to driving results.

But here’s the twist: it’s not just about recognition. It’s about meaningful recognition. The frequent, personal kind that makes employees feel seen and appreciated — that’s where the magic happens.

Make recognition your go-to strategy

When recognition is personal and specific, it creates a ripple effect. Employees feel valued, become more productive, and remain loyal. The 2022 state of recognition infographic highlights how recognition can be your secret weapon for driving success across the board.