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Showing posts with the label organizational culture

Gratitude, Appreciation, and Recognition: Understanding the Differences and Maximizing Impact

  Introduction: The power of recognition and gratitude in driving positive outcomes for individuals and businesses is well-documented. Numerous studies have shown that expressing appreciation and recognizing the efforts of individuals can significantly impact productivity, engagement, and employee retention. However, it is crucial to understand the distinctions between gratitude, appreciation, and recognition to implement effective strategies that yield desired results. In this blog post, we delve into these concepts, explore their nuances, and highlight best practices for creating a robust rewards and recognition program. Differentiating Gratitude, Appreciation, and Recognition: To comprehend the differences between gratitude, appreciation, and recognition, we turn to experts who have examined these concepts closely. Reb Rebele, research manager for people analytics at The Wharton School, defines recognition as the act of expressing appreciation or gratitude, making it a behaviora...