How to set Exchange Rate for points?
Category: CFR
Profit.co provides an option to set points value for one currency.
Why this feature?
- With the Exchange Rate feature, you have the option to determine points for $1, according to the user's preference.
- This feature empowers administrators to adapt point values to changing business needs and market conditions, providing flexibility in managing incentive programs effectively.
Note: Super Users and Rewards Admin can set the Exchange rate.
How can the Super user define the Exchange Rate?
Navigate to Settings → Recognition → Rewards from the left navigation panel.
Under the Gift Card menu set the points for $1 and click on Update.

Note: To access the record of changes made to the count of points, select the "View Log" option.

How the Rewards Admin can define the Exchange Rate?
Navigate Recognition → Gift Card Program from the left navigation menu. Click on the Exchange Rate dropdown menu. Set the points for $1 and click on Update.

Related Questions
-
How to set chart type for questions in a Pulse Survey template?
Profit.co provides an option to change the chart types for each question in the Pulse Survey template. Why this ...Read more
-
How do Automated Recognition Posts and Notifications work in Profit.co?
In Profit.co, Automated Recognition ensures that special milestones like work anniversaries and birthdays are ...Read more
-
How do I set up rule-based point allocations in Profit.co?
Profit.co allow administrators to automatically distribute additional recognition points to employees based on specific ...Read more
-
How do I manage feed permissions and post creation controls in Profit.co?
Profit.co allow administrators to regulate who can create posts and announcements on the recognition feed. Table ...Read more