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EP 89: Jay Kreps (CEO, Confluent) on Confluent’s Resilient Rise to Software Behemoth

The Logan Bartlett Show

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The Importance of Honor and Recognition in the Workplace

As organizations grow, a sense of seniority and recognition becomes increasingly important to employees. While monetary compensation is a theoretical motivator, the practical drive often stems from the honor and recognition associated with achievements. Teams must strongly uphold the concept of fairness to avoid discontent and conflicts. People have a strong desire for honor and recognition from their peers, which can be a more potent motivator than material rewards. The comparison to others and the discontent arising from social media can lead to a structural issue. Despite this, the desire for honor and recognition remains a significant driver for people, as evident from historical examples and the current workplace dynamics.

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