Allgo provides the technology, service and rewards that power many employee reward programmes and sales incentives throughout Ireland and the globe. However up to now, we never ran a structured reward programme in our own organisation.
So this year, we decided that it was long overdue and, hey presto, Allgo L!VE peer-2-peer was born!
Launched in Feb 2018, the programme empowers staff to decide when and how much to reward their co-workers. And the goal is to bring our company values and behaviours to life – hence the name Allgo L!VE.
We have poured everything we have learned about employee rewards and recognition into this programme, and want it to become a living testimonial to all we believe about the power of recognition. Oh, and it also provides tax-free rewards for all our employees.
How it works is that each staff member gets 10 reward credits per month to award to fellow Allgo'ers for good work that supports the company’s core values.
To make an award, a team member opens allgolive.ie on desktop or mobile, looks up the team member to reward, selects the Core Value and and Behaviour and gives a short reason for the award. Then they decide whether to award 1, 2 or 3 Thumbs Up (each Thumbs Up = €5).d, a team member opens allgolive.ie on desktop or mobile, looks up the team member to reward, selects the Core Value
And that's it. There's no approval needed. The nominated team member automatically receives a congratulations email, and the Thumbs Up are added to the balance of their Allgo L!VE reward account.
Reward credits don’t carry over, so any credits not awarded by the end of the month are lost.
To make the rewards tax-free (ie to comply with the Small Benefit Scheme), team members build up their Thumps Up all year, but can only spend their Thumbs Up from January 1st, and only up to €500’s worth. Any excess Thumbs Up earned are paid through payroll in January.
The reward catalogue that Thumbs Up can be spent on includes retail gift cards, ecommerce codes, travel vouchers, hospitality packages, leisure & lifestyle activities, adventure experiences, and technology products.
Every week, the list of awards made are published on the website, and a monthly eZine highlights some of the standout awards from the month to keep engagement in the programme going.
As the year progresses, we will be reviewing and refining the Allgo L!VE programme and trying new in-programme initiatives to see the effect.
If you would like to talk to Allgo about putting in place a year-round tax-efficient employee reward & recognition programme, please don't hesitate to contact us today. We will of course share the results and learnings with our valued customers.
Read more: 12 Pitfalls to Avoid in your Employee Reward Programme >
If you would like to talk to Allgo about putting in place an employee recognition programme to engage you staff, don't hesitate to contact us today.
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