Build a Points system

who can do this anyone with editing permission for rewards additionally, the points permission is needed to view or adjust users' points before awarding points users can redeem for a reward, consider a long term strategy, by building your own points economy below are a few suggestions for approaching this set a budget what is your total money or points supply? in addition to the total funds you have available for purchasing rewards, your budget could include the cost per reward, in dollars and points the number of rewards available the annual cost for each reward example rewards budget table plan out a rewards budget, as shown in the example below reward cost per reward points cost number available annual cost give a rave $0 5 pt unlimited $0 gift card $20 200 pt 25 $500 movie night $40 400 pt 5 $200 dinner for two $60 600 pt 2 $120 paid time off $0 1,000+ pt unlimited $0 your budget will be determined by how you assign value to points, rewards, and goals, which are covered in the points below assign value to points what are you points worth? give a value to your points that fits your budget and clearly shows how point earnings are redeemed for different rewards keeping it simple will allow you to more easily track your points supply for example, 100 points = 1 dollar set point costs for rewards what rewards do you want to make available and what are they worth? since your budget is an important factor, you could include rewards that don't require direct purchases for example, points could be redeemed to give a rave, for paid time off, or a fitness class, depending on the amenities you have available example points redemption table keep track of the rewards you decide on and their points cost, especially if you're setting up multiple types reward points cost give a rave 5 pt unique office space for a day 20 pt $20 gift card 200 pt movie night 500 pt dinner for two 600 pt paid time off 1,000+ pt assign point values to goals choose the number of points employees will earn for completing different goals consider the questions below what goals will you award points for? you could award points for completing specific challenges (completions), and/or receiving raves (recognition) how many points is a completion or rave worth? you could select point values according to the level of difficulty and length of time it takes to complete the goal alternatively, you could assign all completions one point value, and all raves another point value how quickly will points be accrued? if you award points for daily completions, points will be accrued quicker than for weekly or monthly completions example point earnings table make a list of the goals you plan to use and the number of points you will award for each goal frequency of goal point value attend a class or event once every 6 months 50 pt app view challenge once a week 5 pt activity challenge weekly challenge (daily consistency) 1 pt receive a rave once a week 5 pt award points for completions in the challenge setup fields docid\ hy3r5jpvph ziamvhsry8