Introduction to Awards
Know more about monetary awards on Empuls
An award is a form of recognition that carries an award badge with the option of monetary value and a certificate attached to it. You can give an award to anyone in the organization - team members, managers, and peers - as a way to recognize their work or attitude (conditioned to the restrictions defined by the super admin).
There are types of awards in Empuls: Spot and Approval based awards. Now to give this award to an individual or a team can decide while setting up the award.
Use Spot awards for immediate recognition. Nominators are eligible to give these awards directly, without needing approvals.
Use approval-based awards when nominations need to go through an approval process. The 2 variations available for approval based awards are explained pictorially below. The jury based approval is explained in a different section of this documentation.
Simple Approval Based Awards
Jury Panel Based Approvals
Point type can be changed from fixed to a range of points.
Fixed - The reward points will remain the same for all the recipients.
Range - The nominator must reward points in between the range specified by the admin. It is applicable for only Spot Recognition.
Recognition is more than merely throwing a party, giving an employee a gift, or saying thank you. It is an acknowledgment that intentionally links employee behavior to corporate goals! A good recognition program includes rewards, awards and appreciations. These terms are defined below:
Reward: An item given to an individual or team for meeting a pre-determined goal and is sometimes cash-based
Appreciation: An item given to an individual or team to commemorate a specified achievement that is typically non-cash
Award: A contingent reward based on achievement of pre-determined performance results within a specific time period
Recognition programs help organizations in three ways:
- Recognition programs help companies make more money.
- Recognition programs keep employees engaged in their work
- Recognition programs improve employee performance