Managers often wonder why rewards don’t always motivate employee performance. Today’s best managers understand that rewards can mean different things to different employees. Employees can fall in one or more reward categories: 1) employees who desire awards and trophies, 2) employees who value days off, flexible scheduling, and free meals, but not rewards that take them away from home, 3) employees who value cash and cash-equivalents, 4) employees who value flexibility, such as in scheduling, 5) employees who value praise, whether written or oral, and 6) employees who want to move up and be promoted above all else.
Source: Van Dyke, M., & Garlick R. . Recognition and reward: What are the top tenets and practices? Leadership Excellence, 25/1, pp. 17-18.
