A Recognition and Rewards Program for Division Employees Introducing abbott excellence awards DATE MM YYYY Note to divisional administrator Please customize this presentation for your divisionarea as appropriate ID: 765761
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A Recognition and Rewards Program for [Division] Employees Introducing abbott excellence awards DATE MM | YYYY Note to divisional administrator: Please customize this presentation for your division/area as appropriate.
Introducing Abbott Excellence Awards A new way for [Division] employees to recognize one another’s achievements and help drive our collective success Enables employees to send a thank-you message or cash-value award to a colleague who has made a difference Program website—accessible via [Division] portal—offers an easy, convenient way both to send and redeem awards[Note to divisional administrator: If appropriate, insert local positioning here to explain how program fits with other divisional or area rewards programs.] 2
Accessing the siteGo to [Insert Abbott Excellence Awards navigation details]. To start, chose to Recognize Someone or Redeem an Award you’ve received. 3
Recognizing someoneTo recognize someone, begin by selecting his or her name from the pre-populated list or use “search for colleague” You can choose to recognize multiple individuals at a time, e.g., for a team achievement. If team members have differing award amounts, they must be recognized separately. 4
Award reasons Choose the award reason that best matches the actions/behaviors demonstrarted The optional Award Advisor can help determine the appropriate award level to recognize the employee’s contribution. To use this feature, respond to the questionnaire and follow the prompts. At the end, you will have the opportunity to select the recommended award level, or choose a different award level. 5
Choosing an Award levelOn the “Choose Award” page, you will be prompted to select an award level and provide details why the recipient is being recognized. Based on the award level, your award nomination may be routed for manager ( or higher-level) approval. 6 To ensure global equity, award amounts are automatically adjusted to enable recipients to purchase approximately the same goods/services with the award in their local country, regardless of where they live.
Award levels and approvals7 Award Level Nominated By Approval Required By Award Size (U.S.$) Award Size (OUS) Thank You Award Any employee None N/A N/A Determined by country based on currency conversion and cost of living Bronze Award Any employee None $25 Silver Award Any employee If nominator is a manager or director, no approval is needed. If nominator is not a manager or director, the nominator’s manager or director must approve $50 $100 $150 $200 Gold Award Manager or director Senior director or comparable $250 $350 $500 Platinum Award Manager or director DVP or comparable $750 $1,000
Award redemptionOnce the award amount is approved (if necessary) and processed, recipients are notified by email of their recognition, along with a link to details on how to redeem their award. Cash awards are saved in the recipient’s awards account and can be applied, fully or in part, to purchases as hundreds of global retailers at any time.Award amounts are valid for one year. 8
9 Our recognition philosophy….. Note to divisional administrator: Use this slide to outline your division/area rewards or recognition policy if appropriate, or omit this slide if not needed.
Next stepsExplore the Abbott Excellence Awards site at [Insert Abbott Excellence Awards navigation details].For questions and program guidelines, click on the Frequently Asked Questions link on the home page. If you have additional questions or need help, contact [me/Contact Name at Contact information]. June 21, 2017 10