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Kevin Carson @kevincarson1.kolektiva.social.ap.brid.gy · 05/09/2025

Direct production and service workers live in a gnostic world of pure spirit and light, motivated solely by a sense of calling that's above sordid material incentives. But management lives in a Michael Jensen world where incentives must be "aligned with […] [Original post on kolektiva.social]

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There are many ways to recognize and reward people without necessarily handing over money. Research shows that non- financial rewards can be even more effective and powerful than monetary rewards.

6 THE INTELLIGENT COMBANY. ... cccmmssiasssiss

Here are some ‘real life’ examples of using non-financial rewards: = A senior executive in a federal government agency regularly

writes and sends handwritten personal notes to employees who

deserve recognition.

® The chief executive of one organization gave everybody a day’s extra holiday (time off) after they achieved a momentous performance turnaround.

® The chief executive of a major charity regularly sends a bouquet of flowers to the employees who have demonstrated performance-driven behaviour.

= One enterprise regularly holds ‘performance parties’, with free coffee and biscuits for the departments or teams who per- formed well.

I believe the most powerful recognition and reward is the one that people all too often tend to forget: ‘thank you’. Do not underestimate the power of a ‘thank you’. If said in earnest by managers or senior leaders, a simple ‘thank you’ can often outstrip the impact of a pay rise.

Here are come further tine on how to reward and recoonize

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