The Power of Rewards & Punishment - Secrets of More Innovation & Discretionary Effort From Employees

5 months ago
2

About This Video

How do you inspire employees to bring their best ideas forward? It all comes down to behavioral reinforcement—what gets rewarded gets repeated, and what gets punished gets avoided.

In this video, Mason Duchatschek explores how recognition (or the lack of it) can impact innovation, employee engagement, and overall workplace culture. He shares real-world examples of how businesses can either stifle creativity or fuel motivation based on how they respond to employee contributions.

If you want to build a culture of innovation, trust, and engagement, this discussion is packed with insights to help leaders create an environment where employees feel valued and empowered.

Key Takeaways

What Gets Rewarded Gets Repeated – Employees will continue behaviors that leadership encourages and recognizes.

Fear Stifles Innovation – If employees fear negative consequences, they are less likely to share ideas.

The Cost of Ignoring Contributions – A lack of rewards leads to stagnation, decreased morale, and inflated costs.

Recognition Drives Engagement – Acknowledging and rewarding employees fosters innovation and motivation.

Leadership’s Role in Building Trust – Creating an environment where employees feel valued leads to stronger team bonds.

Small Gestures Have Big Impact – Simple acts of appreciation can significantly improve morale and productivity.

Encouraging Risk-Taking in Leadership – Leaders who take calculated risks in recognizing talent create high-performing teams.

Effective Communication is Key – Understanding what motivates employees leads to better engagement and long-term success.

Learn More with Workforce Alchemy

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🎙 Podcast Episode:
👉 https://shows.acast.com/themasonducha...

About This Channel

Subscribe now & discover the world of Workforce Alchemy. Visit our website & take the challenge! Mason Duchatschek is an Amazon.com #1 bestselling author of numerous books, and his ideas have been featured in Selling Power, Entrepreneur, and the New York Times.

There is a way to make every employee more valuable. People shouldn't dread coming to work. Companies shouldn't lose great employees or settle for good when great is possible.

If you want to hire the best and avoid the rest, subscribe. If you want to solve problems before they occur, subscribe. If you want to get better work accomplished faster without adding staff, subscribe and be sure to share helpful ideas with others.

Topics include ways to:

Hire
Increase sales
Prevent workplace drama, conflict, and violence
Reduce labor costs
Reduce turnover
Improve engagement
Improve retention
Improve safety
Use pre-employment assessment tests (psychometric tests)

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About Our Company

Alchemy was the medieval forerunner of chemistry, based on the supposed transformation of matter. It was concerned with attempts to convert base metals (like lead) into gold. WORKFORCE ALCHEMY is kind of like that, except with people and businesses.

We provide various skill, attitude, and personality-based psychometric assessment tools and training to help employers with employee selection, engagement, and retention.

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