Why peer recognition is essential to employee engagement

Admiration from one’s colleagues and a chance to acknowledge their good efforts in kind will fuel and the engine that drives your organization forward.

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“They [employees] are different in [insert country other than your own]. They want different things from what we want.”

How true do you believe that statement to be? Do you wonder if anyone’s recently tried to quantify those perceived differences or, better yet, find the commonalities?

In fall 2014, the Boston Consulting Group (BCG) and The Network did just that in their “Decoding Global Talent” report, which aggregated 200,000 survey responses on global mobility and employment preferences from employees in 189 countries.

The survey looked primarily at what would make employees willing to work abroad, regardless of their home country. One particular finding struck me as most enlightening: Regardless of desire to relocate, all respondents “are putting more emphasis on intrinsic rewards and less on compensation.”

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