1% of Payroll: The Magic Number For Social Recognition Investment

Why do some recognition programs take off with widespread adoption, while others struggle to gain traction or make an impact? The problem is not that some work cultures don’t need recognition – appreciation is a basic human need.

One challenge many companies face is that executives, and sometimes even HR leaders, perceive recognition as a cost as opposed to an investment. When a recognition program is perceived as a cost or a “nice to have,” companies look for ways to bring that cost down as...