How to Configure allowance (Peer Distribution)?
Engagement
Allowance in the budget is for the entire entity, and it is a good practice to
divide the allowance among the different functional units as follows,
Budgets
>> Select Budget >>
Actions >> Config Allowance >>
+Add New.
|
Field
Name
|
Example
|
Description
|
|
Functional Unit
|
Fabric Manufacturing Unit
|
Select
the functional unit from the Organization Tree
|
|
No. of Employees
|
--
|
Filled
based on the functional unit selected
|
|
No. of Points Allocated
|
600
|
Total
reward points for the functional unit, which are split among the employees
|
|
Points per Employee
|
--
|
Filled
based on allocated points and employees
|
|
Frequency
|
One month
|
Frequency
of reward points distribution
|
The
reward points can be given at any frequency to the employees. For example,
every month or once in two months, which depends on the company policy. Please
note that an allowance for a functional unit cannot be configured when one
already exists.
Related Articles
How to Update allowance Configuration?
The allowance configured for any functional unit can be updated at any time as follows, Select Budget >> Actions >> Config Allowance >> Actions >> Update.
How to Deactivate/Activate allowance Configuration?
The allowance configured for any functional unit can be deactivated when the configurations are no longer needed as follows, Select Budget >> Actions >> Config Allowance >> Actions >> De/Re-activate.
Is there any option to share reward points with our mates?
Yes, it is available in the software Navigation: User Login >> Peer Recognitions Go to peer recognitions In that user has to select the number of points he wants to share with his mate. After that he can mention or wrote something for his mate. After ...
How to create and add the Budget?
The budget can be a monthly, bi-monthly, quarterly, or half-yearly budget. The budget is needed as it helps to manage the rewards points efficiently in an entity. Create a Budget: Home >> Rewards >> Budget >> + Add New. Nomination Budget: Budget ...
How to view the Purchase History?
The reward points purchased by the Organization and distribution to the Entity are displayed here. 1.1. View Reward Points Purchased by Organization: Home >> Rewards >> Purchase History >> Invested Points The reward points purchased by the ...