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Money can’t buy you happiness. It may be a cliché, but it contains a lot of truth because there is much more to fulfillment and happiness than how much you earn. At the heart of employee fulfillment are human relationships.

In 1943, the psychologist Abraham Maslow established his famous hierarchy of needs, which set out what is most psychologically important to humans. The oft-cited theory states that after we fulfill our most basic needs – for food, water, shelter and security – what is most important to humans is a sense of belonging and love.

Technology has, without a doubt, helped make everything quicker. Where once we drafted, signed and sent letters that would take days to arrive, now we write emails in no time.

But has technology really made us more productive? That’s hard to really say.

Almost every major business today pays lip service to diversity and its importance in the workplace. But the harsh reality is that too many businesses remain homogenous.

In Silicon Valley, Hispanics and African Americans combined comprise just 5 percent of the total workforce, according to a 2014 USA Today article. And despite the recent rise in prominence of the Me Too movement, and the growing debate about women’s rights in the workplace, just 24 percent of all senior business roles worldwide are filled by women.

Walk into any coffee shop in any big city in the world on a weekday and you’ll likely encounter at least a handful of remote workers, hunched over glowing MacBooks and tablets, typing away.

It has never been easier to work remotely, and many of us love the flexibility that it offers. But, as we’ve already seen, human connection, communication and collaboration is key to personal and business success. If your people only communicate through technology, they are unlikely to form the personal bonds that create strong workplace friendships. And they are unlikely to experience many watercooler moments where moments of insight are generated by conversations that can only happen when you are together in the same space.

If you are like most people, it’s probably not long since you clicked like on something, whether that’s your aunt’s latest Instagram picture or a particularly witty tweet from a friend. Thanks to technology and social networks, giving and receiving recognition and validation is a fact of everyday life.

So leaders should pay close attention to how they recognize great work because it will have a significant impact on employee satisfaction and business success.

Sometimes, it feels as if our modern work culture regards empathy – the ability and willingness to understand and share other people’s feelings – as a sign of weakness.

Too many leaders are self-serving and focused on getting ahead themselves, while boosting business success at the expense of employee well-being. Indeed, according to a 2016 report into empathy in the workplace, published by employee benefits consultancy Businessolver, one third of all employees believe that the only thing their employers care about is profit.