Bob Nelson, author of 1001 Ways to Reward Employees, completed a study a few years back on how employee recognition impacts performance and in turn assists managers in creating a productive team.
In his study, he found of managers that:
90% said recognizing employees helps them to motivate them.
84% said recognizing employees provides them with practical feedback.
80% said recognizing employees for good work makes it easier to get the work done.
78% said recognizing employees helps them to be more productive.
73% of managers said that they received the results they expected when they used employee recognition.
99% said that if they didn't get immediate results, they would eventually obtain the desired results.
Take another look at those statements. Who's point-of-view are we looking at? Not the employees - the managers'. Yes, the employees desire and need recognition for their own good, but look at the production side and see that it's just plain good for you and your organization.
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