Allgo's Peer-2-Peer Recognition Programme

Posted by Gary Purcell on May 16, 2018
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Allgo Live

Allgo is eating its own dog food!

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 sall 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 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).

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. We will of course share the results and learnings with our valued customers.

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 

Download our eBook
In the latest eBook from Allgo, we look in detail at how employee rewards can help improve both recruitment & retention. Download it for free today by clicking the Download Now button below

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Download our FREE eBook:
How Employee Rewards Can Improve Recruitment & Retention 

Learn how employee reward programmes can help recruitment and retention by:

  • Building a strong Corporate Culture
  • Getting Managers to Reward Staff more
  • Recognising Employee Performance
  • Making Bonuses Tax-Free
  • Revamping your Service Awards
  • Replacing December-only gift cards with year-round rewards

Click here to Download eBook Now

 

Tags: employee rewards, staff rewards, tax-free employee rewards, employee recognition, peer-2-peer recognition

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