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Praise Over Price: When recognition outweighs salary
Updated on May 31, 2022
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Rewards and recognition
Want to retain top talent during a salary freeze? According to data from the 2022 State of Recognition Report from Achievers Workforce Institute, weekly recognition drives higher engagement, advocacy, commitment, enthusiasm, and productivity compared to a fair salary.
The opposite is also true — those never recognized had significantly worse scores in these key areas than those who said their salary is not fair.
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