Preciate Blog | Relational Wealth

The Shortcomings of Monetary Rewards and What To Do Instead

May 13, 2019 / by Lydia Stevens posted in Recognition, Employee Happiness

Intuitively, one might assume that monetary incentives would be the most effective reward system; people want money, therefore monetary rewards should increase effort and maximize productivity. Despite this common assumption, research shows that higher rewards don't always lead to more employee effort. Paradoxically, one study found the opposite actually happens, a phenomenon known as "incentive reversal."

Read More

Creating a Positive Emotional Culture

April 25, 2019 / by Lydia Stevens posted in Recognition, Employee Happiness, Future of Work

We’ve all had that life experience where a group activity is going smoothly and morale is high… up until that one person walks in with what we might call “negative energy”. It’s almost like the spell of positivity and efficiency is over, and negative emotions spread throughout the rest of the group. The group dynamic can be immensely impacted by a single person or small group of people who project their emotions onto the rest of the team, whether it be consciously or subconsciously. As highly emotional animals, humans will pick up on other peoples’ signals like body language and energy levels, and often their own experience will change as a result. This type of mimicry is called emotional contagion, and it can apply to both positive emotions as well as negative ones. In both cases, emotional contagion has important implications when considering effective teamwork strategies.

Read More

Science Behind Forming Human Connections-Breaking Down Discrimination

April 4, 2019 / by Lydia Stevens posted in Employee Happiness

For many people, the office can be an exciting and interesting place to work and connect with others in the process. Unfortunately, this is not the case for everyone, especially those who face discrimination due to race, gender, sexual orientation, religion, etc. Studies show that discrimination can lead to negative emotions like anger and fear, which in turn influence the overall satisfaction and happiness an employee experiences in his or her career (Swim, Hyers, Cohen, and Ferguson, 2001). Although many of us try to avoid discriminating against others, the reality is that stereotypes and prejudiced thoughts are very much a social norm – one that we need to work actively against should we hope to reduce their damaging effects.

Read More

Act of Kindness-Altruistic or Strategic? Your Brain Knows.

March 21, 2019 / by Ed Stevens posted in Employee Happiness, Future of Work, Employee Health

You know that “warm glow” you feel when you demonstrate an act of kindness without expecting anything in return? Well, a team of researchers discovered that that particular feeling is quite different than when you expect a reward for your kind act.

Our brains are designed to be social. And social relationships have always been at the heart of our survival and our happiness. From humans’ earliest days, we have relied on one another and helped one another and our bodies evolved to reward us for these acts of kindness. Kindness is one of our biggest strengths as humans and was crucial to our survival as a species. In fact, Dr. Daniel Campbell-Meiklejohn, the lead of a recent study published in NeuroImage, shared that “the decision to share resources is a cornerstone of any cooperative society.”

Read More

3 Employee Performance Measurement Myths (and why they need to be retired)

March 14, 2019 / by Ed Stevens posted in Employee Happiness

In a rising trend, many Fortune 500 companies have bid adieu to the performance review, deeming it an outdated way to check in with employees. Adobe, GE, and many others have instead moved towards a system of more regular one-on-one check-ins with employees, where they examine their work around specific projects and progress towards development goals. “It’s liberating people,” says Donna Morris, senior vice president of global people resources at Adobe. “It has really helped to create teamwork instead of individualism, which is critical in a creative company.”

3 employee performance myths-1
Read More

The Preciate Perspective: Reality. Not a resume.

March 7, 2019 / by Ed Stevens

What is more important, where you went to college ten years ago or what you have accomplished in the last ten years of your career?

Without a doubt, actual achievement in the workplace matters more than where you got your college degree.

In a recent piece for Forbes, Jonathan Rick argues that most LinkedIn users aren’t taking advantage of the headline line on their profile. Instead of using the space for the default job title and employer that LinkedIn auto-populates, Rick proposes a customized headline of 120 characters, an elevator pitch of what you do and whom you help.

reality not a resume
Read More

Q&A with Preciate President and COO Kate Sheffield

February 13, 2019 / by Ed Stevens posted in Teamwork

President and COO Kate Sheffield had always made it her priority as a new manager to diffuse toxic workplace culture with positivity, inclusiveness, and appreciation. These methods led her to Preciate, and what Kate has been championing her entire career is finding technological legs in the Preciate app.

Image of Kate and her family
Read More

Can You Get a Toxic Team Past Dysfunctional Behavior?

February 6, 2019 / by Ed Stevens posted in Teamwork, Company Culture, Leadership

It’s an all-too-familiar scenario: a couple of disgruntled employees with a glass-half-empty outlook are constantly poisoning the well and spreading their unhappiness to the other workers. Team members find it difficult to trust one another, projects stagnate (or worse, implode), and productivity plummets.

change-3
Read More

Flex Your Recognition Muscle Memory

January 23, 2019 / by Ed Stevens posted in Recognition

The dictionary defines muscle memory as, “The ability to repeat a specific muscular movement with improved efficiency and accuracy, that is acquired through practice and repetition.” In other words, we have the ability to put our body and mind on autopilot.

team flexing their recognition muscle memory
Read More

How to Keep Your Remote Team Feeling Engaged and Part of the Company Community

January 16, 2019 / by Kate Sheffield posted in Relationships, Remote Working

Having a significant number of your employees working remotely on any given day is the new normal, and for many managers, the management of people they can’t “drop in on” is something of a puzzle. But studies have shown that remote employees are, on the whole, happier and more productive than their in-house counterparts, so companies need to embrace effective strategies for keeping them engaged.

remote worker, engaged in the work and their organization
Read More