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Competition is a great way to inspire teamwork and improve performance. A competitive workplace allows your employees to be more productive and engaged. However, some factors might get in the way when there’s unhealthy competition.
For instance, employees may not feel they’re getting enough credit for their output. Some might think that they deserve proper recognition. A recent study from Gallup shows that highly engaged teams can boost your company’s profitability by 23%. Hence, competition in the workplace can make your business more successful.
In large companies, competitive employees could feel threatened by their peers. Some fear intense competition may
