It is well known that being recognized at a work is a major part of motivation. However, as business research conducted by OC Tanner clearly identifies, giving credit to others also beings such motivational benefits. Eighty percent of the respondents in the survey from across Australia, India, Canada, Singapore, the US and the UK mentioned that they would feel inspired to work harder once they recognized others’ achievements. This figure goes further up among the millennial generation. In a related survey by Wakefield Research, it was realized that more than ninety percent of survey respondents would be motivated to do more work if others were privy to their goals.

Source:https://www.bna.com/employee-peer-recognition-n73014448785/