We all know the 80/20 rule
(80% of effects comes from 20% of causes)
but do you know the 50/30/20 rule?
Cindy Ventrice,
author of
Make Their Day! Employee Recognition that Works
outlines the 50/30/20 rule.
50% of employee recognition
should come directly from the manager,
30% from peers,
and 20% from the business.
What does this mean?
Employee recognition can not be outsourced.
It can’t be a human resources function.
It has to be a manager function.
The good news is…
it doesn’t have to be expensive.
57% of the most meaningful recognition
is absolutely free.
80% cost under $20.
So no using lack of a budget
for lack of employee recognition.