Getting ready to plan big year-end employee appreciation awards or holiday bonuses? 💸🎁🥳
This week's tip is all about how to ensure your bulk awards run smoothly and without a hitch!
If your organization is billed retroactively based on the amount awarded or redeemed each month, you must pay extra attention to maintain sufficient funds in your redemption account. If the account ever runs out of funds, it can cause significant delays in order fulfillment for your entire team.
So when you're planning a large-scale recognition that's budgeted at $5,000 or more, it’s crucial to pre-fund the points.
If you are already pre-funding your points, let this serve as a friendly reminder to double-check that your account is adequately funded for any upcoming large recognitions!
