A recent global study on the impact of performance recognition conducted by the Cicero Group found:

• Employees who receive strong performance recognition are more highly engaged than those who do not.
• Employees receiving strong recognition generate nearly twice as many innovative ideas each month than those who do not.
• Recognition is more effective at increasing engagement, performance, and innovation than an additional five percent salary bonus.

Download this report from The JHRS Knowledgebase under the "Performance Management" sub-folder. (Requires Professional Level access.)