Each user receives a monthly allowance that can only be spent by giving it to their peers to recognize great work, or other valuable contributions.

By default, each user receives the same amount.

Monthly Allowance:

You can set the size of the monthly allowance by entering it into the 'Monthly Allowance' field in the company settings tab of the admin panel. You can choose any amount greater than 10:

Custom Currency:

You can also choose a name or a symbol for your custom currency. This is a great opportunity to have fun and show off your team's culture! In this example, I've renamed my points as "clovers".

In this example, I’ve chosen a clover emoji as my symbol:

Exchange Rate:

IMPORTANT NOTE: Custom currencies always exchange at rate of 10:1.  10 units of your custom currency equals 1 unit of your base currency. You can see this exchange rate listed under the 'Custom currency sign' towards the bottom of the page:

When you're done, don't forget to click "Save" once you have everything the way you want it. When you click "Save", your changes will be reflected immediately. 🎉 

Still need help with your monthly allowance or custom currency? Shoot us an email at support@bonus.ly. 

Did this answer your question?