The report, which surveyed 3,005 individuals across India, including 30% C-suite executives and 70% employees, underscored the significance of validation in building confidence and enhancing collaboration.
In an interview with CNBC-TV18, Irfan Razack, CMD of Prestige Estates said that the revenues fell due to less recognition in this quarter but he is confident to meet the sales guidance of Rs 3,250 crore in FY17.
For employees, getting better recognition for their work is the best motivating factor followed by job security and earnings, says a report.