Recognition and the bottom lineQuestion Can recognition of employee performance convert to more dollars on my bottom line?
Answer Employee recognition can have an amazing impact on your organization's bottom line when done properly. Here are three key recognition elements:
1. Frequent recognition is a way for managers and business owners to communicate what they value in a very powerful way. Nothing communicates better than when someone receives praise and recognition. 2. Specific praise has a huge impact on people because it ties specific behavior to specific rewards. General praise has limited to no impact. 3. Praise must be timely; that is, it's important to do it right now so it communicates value. 
Brain Trust contributor:
Author of A Carrot a Day and the recently released, Managing with Carrots
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