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Yes, we have a “Stars” program that allows managers and employees to recognize one another throughout the year. There is a points system where employees can exchange points for items in an online catalog. There is also an achievement award system that pays out lump sums of money. I have recognized a number of my colleagues in the past this way, it is a good way to show appreciation.
We have a “Bravo” system that allows you to recognize a colleague, sometimes with monetary attachment. I use it when warranted (i.e. someone goes above and beyond).
Our recognition system doesn't affect bonuses or pay bumps. I do participate in the system since I think we should all be told when we do things that are above and beyond our typical work expectations.
I'm interested in joining your team
We have a program where you can award points