How do I set up rewards & recognition based on my budget?

How do I set up rewards & recognition based on my budget?

Based on the allocated budget for your employee recognition and rewards programs, you can establish limitations for EngageWith points. EngageWith points serve as the internal currency within the system and are utilized when appreciating someone.

Each user has two categories of points within their EngageWith account:
  1. Points that they can send to others
  2. Points that they receive from others

The amount of points that are transferred from one user to another depends on the type of appreciation - "kudos" or a "shoutout." The values corresponding to a kudos and shoutout can be set by an EngageWith admin within the Rewards Tab section of the EngageWith Dashboard.

Furthermore, EngageWith admin must also define the exchange rate for points under the Rewards tab.for points within the Rewards settings Section.
To tie in your budget with EngageWith, an admin can set how many points are allocated to users monthly, quarterly, or annually. This will ensure that transactions don’t exceed your budget.

    • Related Articles

    • How do I set up EngageWith?

      To get started, click on Add to Teams on our Home Page. The next step is granting permission to access resources in your organization. This access is necessary for EngageWith to integrate with your Microsoft Teams organization. These permissions can ...
    • How to Set up EngageWith on Slack?

      Schedule a call with our Product Specialists to install and set up EngageWith. You can also setup EngageWith using the below steps: A) Installing EngageWith Install the EngageWith App from the Slack App Directory Click Allow EngageWith to access your ...
    • How can I recognize someone using EngageWith on MS Teams?

      Here are the steps on how you can recognize your team using EngageWith: Open the Team where EngageWith got added Type the command @EngageWith and select the bot Click on Recognize from the command pop-up and send the command Click on the CTA ...
    • How can I keep track of Rewards & Recognition with EngageWith?

      Any active user in EngageWith can check who the organization's most appreciated folks are and who has sent out the most appreciations, for that particular month or year. This can be tracked under the 'Leaderboard' section of the EngageWith Dashboard. ...
    • What are ‘Values’ within EngageWith?

      Configure EngageWith to make your organization's culture an integral part of the way you recognize your colleagues. Tag core values while recognizing someone’s efforts to uphold the culture your organization is building. This can be done by adding ...