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No money? How about saying thanks

By | July 27, 2009, 3:00 AM PDT

Did you know 65% of people don’t feel recognized for their contributions at work? Did you know companies that recognize employee performance are are on average 3x more profitable than there counterparts who don’t.

Chester Elton and Adrian Gostick, of the Carrot Principle, draw on one of the most in-depth management studies ever conducted to definitively show that the key to getting the most out of your employees is frequent and effective recognition. Elton and Gostick, have dedicated their careers to employee recognition and have build a wonderful brand that’s all about the carrot and not about the stick.

Check out this BNet business book brief wiht Chester Elton and visit Carrot Culture.

[video=314287-BNET]

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Vince Thompson

About Vince Thompson

Vince Thompson was a contributing editor for SmartPlanet from 2009 to 2010.

Vince Thompson

Vince Thompson

Contributing Editor, People

Vince Thompson is a digital revenue consultant, author, speaker and host of the popular BNET show Dog and Pony. His firm Middleshift LLC helps Internet companies build revenue by creating advertising solutions and scaling sales efforts. He is based in Los Angeles.

Follow him on Twitter.

Vince Thompson

Vince Thompson

Vince Thompson is the managing partner of Middleshift LLC, a digital revenue consultancy specializing in helping media companies sell online advertising.

Within the scope of his consultancy Vince works with a number or startups as well as major media companies and in many cases holds stock in those companies as well.

Vince is also the founder of Media2Watch LLC, parent company of Girl2Watch.com, a consumer content company that profiles up and coming actors and the shows they are going to be in and them connects them with audiences.

If at the time he writes an article or post he has a business relationship or investment related to the company or person featured, Vince will disclose his involvement. He writes for SmartPlanet and is not an employee of CBS.

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Grammar
you should check your grammar before releasing articles; duplicate words and the correct use of "there", "they're", and "their".
Posted by Drakaran
28th Jul 2009
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RE: No money? How about saying thanks
Thanks for sharing! Makes sense.

Best.
Alain
PS. Just guessing that you're in a bit of a 'harry' when you were working on this. happy
Posted by alain@...
29th Jul 2009
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