Forum Discussion
Whats a "Pay for Performance" app?
Example would be Bonusly. Employer can provide awards, incentives for performance..We use Bonusly. Basically you can create any type of award or incentive for customers completing a job quicker, or cross-selling other services while at the jobsite to an existing client.. For example, we incentive our technicians for speed and accuracy, positive customer-feedback (google reviews) that mention the techs name, cross-selling other services, and attendance record quarterly. With Bonusly, you create a point system and what those points are worth. We have our techs keep track of the what they cross-sell in order to get incentive and recognized for it, they log into Bonusly at the end of the day and enter the recognition name #cross-sell and required to upload the workorder and the system dumps the points into their wallet for the specific amount of points they earn for cross-selling. For every 10 points can equal $ 1, 3, or 5 dollars. We get to decide how much 10 points is worth. So 500 points is $50 they can deem this is set up initially when you set up the account. You can set up one off or quarterly performance bonuses which is why we like this software.
They add up, techs can save up and redeem Visa debit gift cards, cards to over 100 stores. We don't pay until the employee redeems the reward. If the technician has $50-$500 dollars worth of points they turn them into cash redeeming virtual or physical gift cards, then we get charged once they redeem. Our accountant says this considered a "fringe benefit".
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