Madison Performance Group Blog Billing explained. Does your employee recognition provider let you pay your way?

With burnout rates at an all-time high and employees craving leaders and companies that prioritize their well-being, employee recognition has never been more paramount. Compliments on their work and shoutouts in important meetings are a great start, but when your employees go above and beyond, your rewards should, too. You need an employee rewards and recognition provider that can deliver. When you begin searching for a recognition partner, you’ll probably consider factors like cost, gift options, and how employees can access their rewards. But what about flexibility, especially in how your potential provider bills you? It should be. Do you know your options?  Let’s explore billing on issuance (BOI) and billing on redemption (BOR)... and which is right for you.