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One hundred years of research tells us that a bump in salary does not impact employee engagement. In fact, MIT recently published findings showing that how appreciated employees feel has three times more influence on their decision to stay or leave a job than compensation. Not only does this reduce the cost of turnover, but companies that pay attention to their human capital outperform others. Dr. Paul White joins Kevin to discuss the 5 Languages of Appreciation in the workplace. These include Words of Affirmation, Quality Time, Acts of Service, Tangible Gifts, and Physical Touch. The implementation of appreciation isn't a top-down process. It starts with education, creating a shared language among team members, and then grows naturally. It's about connecting people and recognizing them for who they are, not just their work.
Listen For...00:00 Meet Our Guest: Dr. Paul White 03:12 Dr. White's Exploration of Workplace Appreciation 05:38 The Business Benefits of Employee Appreciation 07:59 Personal Story: The Impact of Appreciation on Relationships 08:21 Beyond Paychecks: What Truly Satisfies Employees 09:15 Misconceptions About Pay and Employee Engagement 10:37 Case Study: The Role of Appreciation in Employee Retention 12:01 Appreciation: Not Just a Leadership Concern 12:30 The Power of Peer-to-Peer Appreciation 13:55 The Limitations of Employee Recognition Programs 14:27 Personalized Appreciation: Beyond Performance 15:18 Why Middle Group Employees Matter 16:02 Appreciation in Remote Work: Building Connectivity 17:34 Exploring the Five Languages of Workplace Appreciation 20:05 Acts of Service in the Workplace: Real Examples 21:51 Tangible Gifts: Personalization Matters 23:45 Navigating Physical Touch in Professional Contexts 26:36 Generational Insights: Appreciation Languages 28:00 Quality Time: A Generational Preference Shift 28:28 Proactive Relationship Building in Remote Work 30:02 The Importance of Being Proactive in Remote Teams 31:19 Tips for Effective and Specific Appreciation 34:12 Closing
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