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This simple little graphic from a June 2009 Mckinsey Global Survey is one that every employer in America should have posted. And the tighter your budget, the more important this one becomes.

Why?  Because this chart shows a result that has been demonstrated time and again - money is not best incentive for motivating people (see Dan Pink's Drive for this argument in book-length form).  What did McKinsey find more important?
  • Praise from managers
  • Attention from supervisors
  • Opportunity to lead projects

In other words, people want to know they matter!  They want recognition and opportunities.  Much cheaper than pay raises and bonuses, right?  


 


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