We value receiving recognition because we are driven to fulfill our need for self-esteem.
Whilst some of our esteem needs can be met from feeling value in ourselves (self-acceptance, self-worth), we have social aspects that require other people. As social animals, the respect and appreciation of others helps to feel included. These needs can be met through admiration from others, such as by having attention, recognition, status, prestige and fame.
When efforts go unnoticed, we are at risk of developing feelings of inferiority and can consequently become less productive or motivated. For example, a lack of acknowledgement and approval in the workplace is associated with stress symptoms and lower confidence in job performance.
Want to learn more?
Read all the details, including how this value presents itself through who we are, what we have, do, and need, in our Human Values Research Paper.