Internal 10 myths of employee recognition and rewards Cash isn’t the best reward, and recognition doesn’t have to be expensive. Read on to see if you’ve fallen for any of these other myths about rewarding employees. By Derek IrvineFeb. 3, 2012 SHARE Ragan Insider Premium Content Learn more about the reality behind these myths. Recognizing employees is a powerful, strategic way to advance the business objectives most critical to your organization’s success. Overcome these myths to arrive at the truth about the role of employee recognition. To read the full story, log in. Become a Ragan Insider member to read this article and all other archived content. Sign up today Already a member? Log in here. Learn more about Ragan Insider.