From that understanding has sprung a recognition economy, which takes many forms: “employee of the month” plaques (and associated free parking spots), holiday chocolates, indoor food trucks. Those perks have become harder to distribute during the pandemic, with some people working from home, and many also trying to build more emotional distance between themselves and their jobs. But high turnover rates and low unemployment have reminded managers that their efforts to motivate workers are sorely needed, just when they’re toughest to execute.So businesses are devising inventive methods of giving long-distance recognition. (Especially this week: Friday is National Employee Appreciation Day.) They are offering customized candles, shopping sprees, companywide shout-outs and quarterly days off. McKinsey recently hosted a “thank-a-thon.” O.C. Tanner, a soft …
