To effectively recognize good performance in a way that motivates employees,the small business owner is forced to use financial rewards.

Question

Quizplus · Accepted Answer

While financial rewards can be motivating, there are also other ways to recognize good performance that can be equally or more effective, such as offering opportunities for professional growth and development, providing public recognition and praise, or offering non-financial rewards such as extra time off or flexible work arrangements. It is important for small business owners to consider a variety of recognition strategies that align with the values and goals of their employees.

To Effectively Recognize Good Performance in a Way That Motivates