Episode 256: Recognition is a poor man’s currency

The value of recognition is inversely proportional to the degree to which you are paid in other ways. When you are unhappy or underpaid, recognition becomes very important to you; however, if you are happy and overpaid, it becomes significantly less so. As a result, we can consider recognition to be a poor man’s currency. This is because rich men are paid in money. #recognition #business #money

Om Podcasten

PsycHacks provides listeners with a brief, thought-provoking episode several days a week on a variety of psychological topics, inspired by my clinical practice. The intention is for the core idea contained within each episode to inspire listeners to see something about themselves or their world in a slightly different light.