Older adults pay attention to and seek out emotional information more than do younger adults, this probably helps explain why older adults have a negativity bias with respect to social recognition.
Social recognition can be described as a means of appreciation which could come up without involvement of a monetary component.
It can be just ordinary Thank You on the weekly staff meeting, however it brings about encouragement and motivation, hence, Older adults pay attention to and seek out emotional information more than do younger adults, this probably helps explain why older adults have a negativity bias with respect to social recognition.
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