Employee Reward Term: Recognition

Recognition: n. appreciation of the value of an achievement or acknowledgment of the existence or validity of something –Encarta Dictionary

Whether you are showing your appreciation for a team member who either demonstrates gracious behavior through their volunteer services, shows flexibility, illustrates teamwork or helps save your department money by being resourceful, you are rewarding in order to give the individual due credit. Awards and recognition are like giving a personal thumbs-up, which is a great means of motivating employees, setting performance standards, and increasing productivity.