Qarrot provides a powerful set of program administration tools making it easy to monitor and manage all aspects of your recognition program.
As an Admin, you can access a birds-eye view of points and monetary budgets from the Organization > Dashboard page. Before diving into your Program Activity, you will see a row comprising of your Outstanding Giving Points, Rewards Liability, and Rewards Funding. They are as follows :
Outstanding Giving Points
The total remaining balance of giving points among all of your employees. Giving points can be distributed on whatever basis fits your team best (weekly, biweekly, monthly, etc.).
Note: Since Admins have an infinite amount of giving points, this balance only includes giving points belonging to Team Leads and Employees.
The monetary value of all active and pending employees' spending points balances that have yet to be redeemed for rewards.
The monetary balance currently available in your account to cover the gift card reward redemptions of employees. As a precaution, Qarrot alerts all admins when funding falls below $100.00
Note: As a general rule of thumb, we suggest having a Rewards Funding balance that is 10% - 20% of your Rewards Liability value at any given time.