Sooner or later, it had to happen. Someone would put a monetary value on the phrase "thank you." Monster.com can lay claim to the deed.
Monster surveyed workers in the UK, asking them a series of questions about recognition from their employer. The quick answer: a regular "thank you" is worth slightly more than $3,400 a year to employees.
Not only that, but 63 percent of those surveyed said they'd take a verbal thank-you in place of a bonus when they'd "gone the extra mile" on the job.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
