Was at a training today and one of the things they went over were personalities and motivations. The trainer made specific note that younger workers are far more likely to prefer positive verbal reinforcement\acknowledgement than previous generations and are far less likely to be motivated by money than older workers.
This sparked an interesting discussion at lunch with one business owner chiming in that hes been able to reduce bonus payouts and salary offered by increasing managerial feedback and tokens of acknowledgement. (small trophy and\or $200 starbucks\visa card compared to $1k performance bonus). Someone else quickly mentioned that they were noticing fewer salary negotiations pushes from young new hires if they were overly complimentary on their resume\skills\personality. There was a noticeable pause as other employers digested the thought of offering much cheaper 'signs of appreciation' in lieu of additional monetary compensation
Made me wonder a bit if we'll see this spread both from the employer side and the employee side or if they are just isolated instances\imagined responses.
This sparked an interesting discussion at lunch with one business owner chiming in that hes been able to reduce bonus payouts and salary offered by increasing managerial feedback and tokens of acknowledgement. (small trophy and\or $200 starbucks\visa card compared to $1k performance bonus). Someone else quickly mentioned that they were noticing fewer salary negotiations pushes from young new hires if they were overly complimentary on their resume\skills\personality. There was a noticeable pause as other employers digested the thought of offering much cheaper 'signs of appreciation' in lieu of additional monetary compensation
Made me wonder a bit if we'll see this spread both from the employer side and the employee side or if they are just isolated instances\imagined responses.
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