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Some
researchers argue that using traditional incentives can create an atmosphere
of destructive competition within a company, focusing on winning instead
of working together. But understanding the basics of recognition can help
companies keep the emphasis on steady improvement in employee performance,
not competition.
The
key elements of employee satisfaction are:
1)
Sense of purpose
2) Fair compensation
3) A feeling of appreciation
4) A feeling of participation in the way their jobs are
done
5) A management style that incorporates coaching, encouraging,
and empowering
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