At Next Level Performance, we are often asked how to estimate a budget for an employee recognition program. But determining cost in the abstract is a challenge because each program is tailored for the client’s specific needs.
Still, by analyzing data across a number of Next Level’s clients, we have created a few “rules of thumb” and guidelines that can help you quickly arrive at rough estimates for programs you are considering, like this excerpt below.
We took our industry-leading Employee Engagement software, Applaudit™, and gathered all the best practices and tips you need to calculate the cost of an employee recognition program.
We’d love to share what else we’ve found with you, we just need a little information before you check out this valuable resource!