Top 10 Scientific Principles to Apply to Rewards and Recognition
Social science and behavioral economics provide a wealth of insights on motivation, recognition and rewards. Without getting too academic and scientific, it is helpful to know some of the theoretical principles that have been discovered so we can use rewards and recognition more effectively. Here are the top 10 scientific principles to put into play with your recognition and reward practices and programs.
1. Reciprocity
This universal behavioral economic principle of give and take flows in two directions respectively for either rewards or recognition. Employees are more likely to perform well in return when recognition is given to them. Employers reciprocate in kind to performance from employees by giving rewards. Use the two directions of both items for their reciprocity and maximum effect.
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VenueConnect Annual Conference and Trade Show
Ernest N. Morial Convention Center
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July 27-30, 2013
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Industry News Weekly Roundup
Petitions Could Throw Wrench in Miami Beach Convention Center Redevelopment
–Miami Herald
Seven thousand signatures could stand in the way of a billion-dollar plan to overhaul the Miami Beach Convention Center District.
The signatures were collected in a petition drive that takes aim at one of the most ambitious urban development projects going on in the country: Miami Beach’s plan to lease public land in the heart of South Beach to pay for renovations to the city’s inadequate convention center.
Philadelphia Building Collapse Has Venue Industry Applications for Evacuation
In response to the recent building collapse in Philadelphia, individuals and businesses should be sure they are following a set of several emergency preparedness guidelines. Here are some valuable crisis management tips to ensure buildings across the country are better prepared for emergency events:
Plan for the worst-case scenario. Over the past few years, the U.S. has experienced a record number of destructive natural disasters and, sadly, an increase in manmade disasters such as bomb incidents, creating new worst-case scenarios that must be considered in evacuation planning. When developing evacuation plans and drills, emergency planning professionals should plan for the worst.
New Jersey Venue Sets Re-opening Date After Rebuilding from Superstorm Sandy
As the 2013 hurricane season begins, one venue in Sayreville, New Jersey, is reopening seven months after its near destruction at the hands of Superstorm Sandy.
The Starland Ballroom has completed extensive repairs and renovations and begins selling tickets on June 7 in advance of a scheduled September re-open. Country star Billy Currington performs on September 7 in a much-anticipated return to music for the entire community.
“The months following Superstorm Sandy have been challenging here in New Jersey,” said Colin Conway, vice president, AEG Live – Eastern Region and general manager of Starland Ballroom. “Like many of our neighbors and area businesses, we sustained significant damage but we are determined to persevere. We’ve looked forward to the announcement letting the public know we’re back. We have a few more months of renovations remaining, but we’re now positioned to announce these shows and triumphantly announce Starland’s return.”