Introduction to Rewards

Table of contents

1. Introduction

2. Why Rewards?

3. Who is the module intended for?

4. What are the suggested use cases?

5. What are the key features of the module?

6. How does it work?

7. How can one benefit from Rewards?

8. Glimpse of the product

1. Introduction

Engagedly's Rewards module is a dynamic and comprehensive tool designed to recognize employee performance and incentivize their valuable contributions. It empowers admins to effortlessly manage and administer rewards within their organization. Managers can recognize the outstanding efforts of their direct reports and seamlessly allocate rewards and track progress. Engagedly's Rewards module propels organizations towards greater success and fulfillment by fostering a culture of appreciation, motivation, and engagement.

2. Why Rewards?

The Rewards module offers a structured platform for acknowledging employee achievements and aligning efforts with organizational objectives, cultivating a supportive work environment through systematic recognition and incentivization.

Whether it's monetary incentives, gift cards, or recognition badges, the reward module ensures that efforts are acknowledged and valued, driving productivity and enhancing workplace satisfaction.

3. Who is the module intended for?

The Rewards module is intended for organizations and businesses of various sizes and industries. It is designed to help organizational leaders, HR professionals, and managers recognize the efforts of their employees, incentivize them, and enhance their engagement within organizations.

4. What are the suggested use cases?

Recognizing outstanding contributions: Appreciate both individual and team accomplishments, regardless of scale, demonstrating appreciation, elevating spirits, and reinforcing a culture of success.

Motivating employees: Motivate high performance by rewarding employees who achieve their goals, creating a culture of ambition, and driving positive results for the organization.

Promoting collaboration: Encourage teamwork and peer recognition by offering rewards for cooperation and supporting colleagues, fostering a strong team spirit, and facilitating collective success.

Celebrating impact: Highlight key project contributions by recognizing employees who make a significant impact, acknowledging their valuable contributions, and inspiring them to continue innovating.

5. What are the key features of the module?

• Customizable reward programs aligned to the organizational objectives.
• Multiple reward options, including monetary incentives, gift cards, and custom rewards.
• Social recognition to celebrate accomplishments within the organization.
• Engagedly offers a list of gamification rules, aligned with system badges.
• Customizable system badges.
• Award discretionary points without badges to reward contributions.
• Award badges without points to recognize achievements while controlling costs.
• Reset points without affecting badge levels.

6. How does it work?

1. Admins must enable the Rewards feature.
2. Employees can award points to others if the admins give them permission.
3. Employees receive a notification after they receive points.
4. Employees can redeem the points they have received by purchasing either gift cards or custom rewards.
5. Admins receive a notification when an employee redeems their points.
6. Admins can approve or decline custom reward requests made by the employees.
7. Admins must distribute the approved custom rewards to employees manually.

7. How can one benefit from Rewards?

Admins: Manage and monitor employee recognition, promoting a positive environment of appreciation and motivation while gaining valuable information about employee performance and engagement.

Managers: Utilize rewards to encourage team members to perform and achieve goals, keeping them motivated and engaged while strengthening a culture of recognition and appreciation.

Employees: Feel valued and motivated by rewards, staying engaged and taking opportunities for personal growth through rewards they earn.

Discover the power of Engagedly's Rewards firsthand: schedule a demo today and unlock the full potential of your organization!