ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Company Plans 'Employee Appreciation Lunch', Then Charges Them $10 to Attend

The Reddit user said that the company was simply offering the employees a "hot dog, bag of chips, and a soda" while requiring the employees to pay $10 for the entry.
PUBLISHED MAY 4, 2024
Having too many investors affects and snatches away your power to take crucial decisions for your own company|Pexels
Having too many investors affects and snatches away your power to take crucial decisions for your own company|Pexels

No matter how often your manager tells you that he/she sees you as a part of his extended family, you know deep inside that it's far from the truth, especially when there are things you can't ignore. When companies take initiative to instill a sense of togetherness in the team, sometimes the efforts come out as fictitious or sometimes forced.

A Reddit user u/Rainbow62993 claimed that her husband's workplace was running an "employee appreciation day." While the initiative sounds great, it doesn't guarantee a wage increase, time off, or even a few dress-down days. The Reddit user said that the company was simply offering the employees a "hot dog, bag of chips, and a soda" while requiring the employees to pay $10 for the entry.



 

"A woman went around getting everyone on a list today and let them know to bring in $10 if they wanted the hot dog, chips, and soda. They’re showing employee appreciation by making them pay $10 for that little a** meal."

As per a recent article in Harvard Business Review, one of the trends that will be observed in workplaces in 2024 is they predict that "organizations will offer creative benefits to address the costs of work" a move that doubtless comes as a result of higher costs and desire for increased wages. 

In the now-deleted post, she writes "Everyone will be getting a candy bag for free!" and wrote that her husband did not participate. The comment section of the now-deleted post was filled with people questioning the company. “The sad part is there will be employees that will praise the management for the gesture and other employees who’ll go along with the sentiment," one such comment read.

Image Source: Pexels|Photo by Nataliya Vaitkevich
Image Source: Pexels|Photo by Nataliya Vaitkevich

As per a recent Gallup report, it has become a challenge for companies to be able to attract as well as retain top performers while increasing organic growth. Amid all this, companies are failing to pay attention to one of the proven strategies, employee recognition. As per the analysis, only one in three workers in the U.S. strongly agree that they received recognition or praise for doing good work in the past seven days.

The data further revealed that most employee recognition comes most often from an employee's manager (28%), which was followed by a high-level leader or CEO (24%), then the manager's manager which is 12%, and a customer which is 10%.



 

As per the report, workers perform best in a recognition-rich environment, with praise coming from every direction and everyone aware of how others like to receive appreciation. According to another survey conducted by OnePoll, almost 50% of American workers left a position because they felt unappreciated.

As an employee, it's important to set a clear expectation at work and not budge. Secondly, the sense of validation may not always come from external sources, which makes self-validation crucial. Having said, that, if you do feel that all your accomplishments are going unrecognized, it's best to schedule a conversation with your boss and let them know that you would like more feedback going forward.

MORE ON MARKET REALIST
"Ziti is a delicious pasta, but the vowel and "Z" made me cry," a fan reacted.
6 hours ago
“He has committed ten times more impeachable offenses in his second term,” the senator said.
21 hours ago
The game was an incredibly difficult one to be fully successful in. One instance of hesitance can cost thousands
21 hours ago
The retailer's latest move could help many customers save a bit more on their grocery expenditures.
22 hours ago
The President spoke to the head of another country during the interview and criticized Joe Biden.
23 hours ago
The FDA issued a Class II warning on the product recently but no illnesses have been reported.
1 day ago
Over the last three years, the stock market has grown significantly; the S&P 500 has gained 24%, 23%, and 16% annually.
1 day ago
The US siege of Venezuela is a move that has exposed oil reserves and other resources for the U.S. to control
1 day ago
The U.S. economy is growing and failing to generate jobs at the same time.
2 days ago
A World Economic Forum survey revealed that about 41% companies are planning to reduce their workforce.
2 days ago
The TikTok user shared that the cost of 122 grocery items back then was just $155.
3 days ago
The cost of living adjustment (COLA) won't be as high as it is now in a year's time.
3 days ago
Mortgage rates have been falling in the last year, but the housing market hasn't done well.
3 days ago
The contestant was following the host's advice, but even he did not expect it to work so well.
3 days ago
A man's Walmart experience where an item that cost $12 online, surged to $29 at store, irks the internet
3 days ago
The Treasury Secretary also asked the Fed to go forward with an open mind in 2026.
3 days ago
The South provides a unique shot at affordable living, which is attractive to millions.
3 days ago
"Dan's big win was adding the vowel "I" to his letter combo. Congratulations on $40K!" a fan reacted.
4 days ago
President Trump said he would ask the Congress to 'codify' the ban and share more details soon.
4 days ago
The show also led to a surge of interest in several products that translated into rising sales.
4 days ago