Put your Reward Program on autopilot with reward cycles
Introducing Reward Program with Rewards Cycles to simplify awards management and drive a more efficient and impactful recognition process all year long.
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Automate Reward Cycles with the Reward Program Dashboard on Empuls
Implement your reward program framework using reward cycles for all awards, across locations, departments, and teams, to save time and resources.
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Access and manage all reward cycles from a single reward program dashboard. View and edit the reward cycle timelines, nominations, jury reviews, award budgets and reward points seamlessly.
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Create rewards cycles using workflows for setting automatic activation schedules with start and end dates. AI prompts nominators to submit award nominations and nudges the jury panel to approve or decline nominations, ensuring visibility to employees at the right time.
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Access reports to glean insights on your reward program and reward cycles. Track planned versus actual spending, employee participation rate, and the program's effectiveness in boosting morale.
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Outline reward cycles within your reward program and strategically allocate budgets for each cycle, in advance for the entire year.
Choose from existing awards or create new ones and set up the workflow to automate each step.
Designate approvers for each award and set up automatic reminders, prompting them to review and act on nominations.
Schedule start and end dates for the award and dates for announcing winners and disbursing rewards.
An intuitive interface allows HR admins to view nominations submitted and the status of each submission.
An empaneled jury evaluates and scores nominations based on established criteria.
The system consolidates all nomination data and highlights pending actions from managers, including the status of each nomination.
Upon award approval, winners are announced and notified promptly about the award and reward.
Compare planned vs. actual spends for each reward cycle to understand overall utilization of the reward program budget.
Track nominations submitted, actions pending by approvers, and their current review level for each reward cycle.
Measure the impact of your recognition and reward program with data and reports across departments, award categories, budgets, and participation rates, and identify areas of improvement.
A strategic necessity to boost engagement
Implementing a rewards program is essential for several reasons
Enhance Employee Engagement
Only 23% of employees globally feel engaged at work. A structured rewards and recognition program helps improve engagement and employee morale, resulting in more productivity, commitment, and motivation.
Boost Productivity
Poor engagement costs the global economy $8.8 trillion annually in lost productivity. Recognized and rewarded employees are more motivated to contribute to organizational goals, leading to higher productivity levels.
Foster a Positive Workplace Culture
Recognition and rewards create a culture of appreciation, making employees feel valued and respected. This leads to stronger team cohesion, better collaboration, and a more positive work environment.
Improve Well-being
Employee wellbeing is declining, with only 34% of employees globally reporting that they are thriving. Rewards programs provide incentives that improve both mental and physical health, enhancing overall wellbeing and reducing stress.
Tailored solution for diverse needs
Empuls Reward Cycles are designed for HR teams looking to enhance the efficiency and effectiveness of their Reward Programs.
With complex and numerous employee recognition needs, having a single hub for all reward cycles makes reward program administration easy. You can configure all your rewards and automate them as per your needs.
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If you are looking to implement a scalable rewards system without extensive manual effort, reward cycles are the perfect solution to help HR improve productivity and efficiency.
Companies looking to boost ROI from R&R solutions and cut administrative overheads can benefit from Empuls Reward Programs and Reward Cycles. Track all reward budgets from a single dashboard to keep costs under control.
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