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Not recognizing employee efforts can have several negative implications. It can lead to decreased motivation and productivity as employees may feel undervalued and unappreciated. This can also result in lower job satisfaction and higher turnover rates. Employees who don't feel recognized are less likely to be engaged in their work, which can impact the overall performance of the business. It's important for managers to acknowledge and appreciate the contributions of their employees to maintain a positive and productive work environment.
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The ninth law teaches readers a very basic law of human nature and how it relates to business. Acknowledging and recognizing how each and every employee contributes to a company is one of the best ways to let employees know that they matter. If the boss doesn't pay attention to the efforts of an employee, then that's the same as not paying attention to the employee. If the boss doesn't care, then why should the employee?
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The laws of business this book teaches are basic, common sense rules that most readers will have heard either from a boss or maybe even a parent! The...
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