Budgeting for an Employee Recognition Program
MTM Recognition
SEPTEMBER 27, 2023
Peer-to-Peer and Performance: for social recognition programs like Carousel , we tend to see a “redemption sweet spot” around the $15-$25 marks. This means that most employees will begin redeeming their points for a product when they reach $15. An average baseline for budgeting is $15/employee in your Peer-to-Peer.
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