In a competitive business climate, more business owners are looking at improvements in quality while reducing costs. Meanwhile, a strong economy has resulted in a tight job market. So while small businesses need to get more from their employees, their employees are looking for more out of them. Employee reward and recognition programs are one method of motivating employees to change work habits and key behaviors to benefit a small business.
HR departments have defined strategies, processes, policies across the board to have a very employee friendly rewards program. However, just by defining the processes, policies and strategies does not help an organization. They need right tools to implement the rewards program and manage them.
Sodales Solutions has developed a smart app that serves as an extension to your SAP SuccessFactors system as well.
Through this app organizations can set up criteria of reward points which are seasonal or defined as per department goals. HR department can have customized configuration for each department. Managers can define the parameters and allocate point to each parameter, which the employees can see. This gives a complete transparent picture even to the employee who can see his or her points that has been earned and which are the parameters that has given him or her more points can also be viewed.
The app also allows employees to see how can they redeem the points that they have accumulated. Employees get 3 options to choose from and they also can see the value of each reward and how much point will it take for them to redeem the particular reward.
The HR department also gets benefited from this app. Through this app, they can:
1. Keep a track of all employees and the points that they have accumulated
2. They can see which employee has redeemed their respective points
3. When did a particular employee redeem the points
4. Total points earned by all employees (across the organization as well as in a specific department)
5. Total points redeemed
One of the major advantage of having an automated reward program system is because traditional reward program methods don’t provide personalized options for reward preferences.
The application is primarily targeting employees and their respective managers and ofcourse not to forget the Human Resource department who serves as the nucleus of the system.
How does exactly the system help in this entire workflow?
1. The system provides Ability to setup points program with $ value translation
2. The user can edit/add goals across the organization or even at department or employee level
3. System allows to redeem points with selected items in the inventory
4. You can define workflow approvals for custom orders or ordering items from external approved shipping websites
5. Auto notification email in case of change in program or any updation in points level
6. System has the ability to charge back cost to a departmental cost centers
Every system drives some value to the organization. The point based reward app brings the following value proposition to the table:
1. This app is device agnostic
2. It can be integrated with employee central and payroll
3. Provides a coherent experience to users
Sodales Solutions Inc is an award winning SAP HANA Cloud Platform Solution Extension Partner. We have developed more than 100 SAP HANA Cloud Platform based packaged apps. We were the first SAP partner to co-develop an S/4 HANA extension app at SAP co-innovation lab.
If you want to have an effective system to implement point based reward system for employees, please write to us at email@example.com or call us at +1.647.824.4286