Companies that value the well-being of their employees, that can acknowledge and recognize them, can also build a work culture that increases productivity, retains employees, and pushes through limitations together. Rewards is the perfect way to recognize employees’ efforts instantly, which in turn can motivate them to be more efficient and productive.
The company decides on the Rewards and the amount of Credits required to redeem the reward. Credits can be assigned to all or specific activities that are completed on the platform. The company also decides the frequency of how often an employee can redeem the same reward, thereby giving everyone a chance should there be limited stock.
The Social Wiiv Rewards platform is similar to an e-Commerce system. When the Rewards have been loaded, the system will automatically take care of distributing and managing the availability of those rewards. We have created an example list of Rewards to assist in guiding you on what may appeal to your employees and / or your budget, there is a list of non-monetary rewards as well.