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How I Make My Employees Love Working With Me

Name: How I Make My Employees Love Working With Me
Uploaded: 2022-10-14T23:00:06+00:00
Duration: 23 s
Channel: Shanli Liu, CPA, CTP
Description: In this segment, the presenter outlines four distinct approaches to employee recognition: value‑based, outcome‑based, effort‑based, and milestone‑based…

14 Oct 2022 · 0 min

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0:23

In this segment, the presenter outlines four distinct approaches to employee recognition: value‑based, outcome‑based, effort‑based, and milestone‑based. Value‑based recognition ties acknowledgment to actions that embody the company’s core values. Outcome‑based recognition rewards employees for achieving the results expected in their role. Effort‑based recognition highlights the hard work and dedication put into initiatives, regardless of the final outcome. Milestone‑based recognition celebrates progress toward completing a project or reaching a significant stage. The speaker emphasizes that using these varied forms of recognition can foster a culture where employees feel valued and motivated.

4 ways that you can recognize people: outcome, effort, milestone, and value. Value-based recognition would be that you're recognizing people when they act upon the values of the company. Outcome-based recognition is that when you recognize people for hitting outcomes that are expected from their role. Effort-based recognition is recognizing the hard work or the effort someone is putting in towards getting an initiative done. And then milestone-based is basically recognizing the progress someone has made towards completing a project.