In a Corporate environment is public recognition better for employee morale than a pay raise?

Opening Argument

agsragsr 601 PtsPremium MemberTechnology Community Moderator
When you work for a large corporation, there are always ups and downs throughout your career. In a positive side, there is financial recognition, recognition from your management, and occasional visible internal awards for doing a great job. All are important for ensuring great employee morale. But as an employee, what would you appreciate more a nice pay raise, or a very visible broad formal internal recognition award?
  1. What will employee appreciate more?

    15 votes
    1. A nice pay raise
    2. Formal visible recognition award from top level management
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