Maxinne, a star employee, had worked many years for “Company A“. When she approached her manager for a badly needed raise, her manager all but laughed in her face, telling Maxinne she was lucky to even have a job.
Though she was willing to accept that a raise wasn’t an option at that time, Maxinne was NOT willing to accept the shabby treatment by her manager. She eventually found another job with “Company B”. The position paid less, but there were other perks that “Company B” had to offer.
Feeling appreciated was important to Maxinne’s morale, since it gave her the determination to do a great job. This is why “Company B” is able to retain top talent, because they take a few small extra steps to assure their staff that they are valued.
Until the economy takes an upturn, the majority of companies are unable to offer pay increases. But there are other actions they can take, at zero monetary cost!
Appreciation: A Little Goes a Long Way: