Rewarding Achievements

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Rewarding Achievements Free

By EdApp
3 Lessons
Deploy to my team

Learn how to implement the right kinds of rewards to drive employee performance. This course will provide practical examples of how appreciation and recognition can be utilised to motivate your team.

Rewarding Achievements Lessons

Click through the microlessons below to preview this course. Each lesson is designed to deliver engaging and effective learning to your team in only minutes.

  1. Intrinsic vs. Extrinsic Motivation
  2. Appreciation
  3. Employee Recognition

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Rewarding Achievements course excerpts

Intrinsic vs. Extrinsic Motivation

Rewarding Achievements Course - Lesson Excerpt

Intrinsic vs. Extrinsic Motivation Before we look at some effective strategies for rewarding achievements, it's important to first dive into how intrinsic and extrinsic motivators impact performance.

Intrinsic vs. Extrinsic Motivation

Non-financial incentives are more effective motivators than financial incentives. A McKinsey global survey of 1,047 executives, manager and employees from a range of sectors found that non-financial incentives out ranked even the three highest-rated financial incentives (Dewhurst, Gutheridge & Mohr, 2009). They measured effectiveness by the number of respondents that answered 'extremely' or 'very effective' to a list of incentives. Here's a summary: Financial Incentives Performance-based cash bonuses 60% Increase in base pay 52% Stock of stock options 35% Non-financial Incentives Praise from immediate manager 67% Attention from leaders 63% Opportunities to lead projects or task forces 62%

True or False? The best way to motivate employees is to tap into their intrinsic motivations.

Appreciation

Rewarding Achievements Course - Lesson Excerpt

Recognition vs. Appreciation These two terms are often incorrectly used interchangeably but each has distinctive differences. According to Mike Robbins (2013), employee recognition is given in response to performance or outcome, it's usually most meaningful when it comes from the top down as it carries weight. Whereas appreciation is much more expansive, and less about what they do but their behaviours. It can come from any one inside or outside of the team. When thinking about rewarding achievements, do you automatically gravitate towards recognition? While recognition has its place, showing appreciation is equally important.

Employee Recognition

Rewarding Achievements Course - Lesson Excerpt

Employee Recognition This lesson will provide you with multiple ways you can effective utilise employee recognition in your arsenal of tools.

Employee Recognition

Rewarding Achievements Course Author

EdAppEdApp is an award winning, mobile first microlearning platform with integrated authoring and delivery. EdApp contributes training courses that have been created by the in house instructional design specialists.

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