Are you trying to control how many points your employees give through a recognition program? You have two main tools in Awardco—Limits in Recognition Programs and Budgets—and knowing when to use which can save you a lot of administrative headache.
This week, we're breaking down the best use cases for each financial guardrail to help you structure your programs for success!
Limits: The Simple, "Set It and Forget It" Guardrail 🛑
Limits are best for ensuring inflexible, non-rollover recognition amounts and frequencies. They are a simple cap on the giver or recipient within a specific time frame (e.g., per month, quarter, or year).