Albi Coins – HR Solutions
What we offer
AlbiCoins – ready-made solution created to motivate employee’s workplace engagement and handle corporate benefits programs. A combination of non-financial and financial incentives allows to enhance intrinsic and extrinsic employee motivation. We have combined on one platform online tools for engaging and encouraging employees and strengthened them by original incentive mechanic.
The platform includes online instruments for recognition, which means person-to-person gratitude and bonus points sharing. We automated project team contests which allow demonstrate innovations and achievements of project teams at one interface, evaluate them and hold voting. The platform allows to organize corporate education and reward employee for successful completion of training. The benefits cafeteria1 – the flexible and most appreciated by personnel mean to choose their preferred performance reward.
AlbiCoins is a complex platform which allow company to strengthen horizontal ties between employee, share innovative ideas and improve team work, develop corporate educational projects, conduct surveys, handle benefits system and get online reports and statistics.
What need we meet
Albi Coins is a solution for companies with a staff over 100 employees with a complex structure and multi-generation and multi-language workforce.
Flexible benefits cafeteria allow to cover differing wants and needs of a multi-generational and multinational workforce;
Online survey and voting tools give an opportunity to get an immediate feedback from employee and update benefits and incentive strategy. Online analytics tool provide opportunity to overview employee behavior: incentives engagement, recognition, training completion, survey participation, benefits presences.
The lack of participation of employees in social programs and corporate training programs is a problem facing many companies. Flexible and complex incetive program would improve workplace engagement.
Building trust and connection is often the missing ingredient to employee engagement. AlbiCoins solution would improve horizontal tiers between employee, engaging them into peer- to-peer recognition (any employee is able to award any other one using platform).
Flexible benefits scheme with corporate ‘coins’ instead of using real currency allow to reduce benefits costs. Automation in one complex online solution reduce handling costs.
AlbiCoins reduce costs of internal communication by holding all vertical and horizontal communication on one platform. The notification system could be easily set up at administration panel. Announcement and reminders for employees (or employee groups) could be scheduled or done automaticaly.
1 A benefits cafeteria offers employees a set of different taxable and non-taxable benefits. The employee is able to choose which benefits would fit their individual needs.
Share company values. AlbiCoins platform is a complex solution to implement a long term internal corporate incentives and benefits programs, which will enhance cognitive and psychological involvement of employees, spread company values, improve study programs development and employee soft skills.
How it works
Give your “coins” a company name and improve your internal brand loyalty.
AlbiCoins – is software platform, where we operate with an internal corporate currency (coins2 )
which any employee may earn for different activities and achievements, such are:
- Successful completion of corporate training;
- Personal career or professional achievements: reaching KPIs, sale performance;
- Be awarded by colleagues for demonstrating supportive, mentoring, creative behavior to colleagues (peer-to-peer recognition);
- Following corporate values – demonstrate supportive behavior, share innovative ideas;
- Participating company surveys;
- Managing successful or innovative team projects (being valued by colleagues);
Coins – is a currency which employee can spend in your company benefit cafeteria. Accumulating coins for different activities employee can choose any benefits at any time during his employment in a company.
That means we can measure and award employee soft skills as well as hard skills using one complex platform. Furthermore, we improve horizontal tiers between employee, engaging them into peer-to-peer recognition (any employee is able to award any other one using platform).
At the same time, line manager/training manager or HR can award an employee for work-experience, sales performance etc. or this procedure can be automated by integration with current HR CRM. Every award can pass moderation made in one, two or any levels by company management.
Team Work support. Team project can be presented on platform, valued, rated and awarded by all employees (or employee groups). Projects implemented by different departments/branches became visible for all company staff. That help to spread successful and innovative ideas.
Benefits cafeteria offer employees to choose an award for gained ‘coins’. The customer is able to fill in cafeteria with any benefits or compensations.
2Coins – bonuses that the company rewards employees on a platform for: work experience, kpi fulfillment, online testing and pools passing, corporate education participation. ’Coins’ are used in peer-to-peer recognition etc.
Administration panel could be customized in accordance with a client requirement and demonstrate analytics, insights and reporting. AlbiCoins offers comprehensive integrations features by API and be can be used as all-in-one HR workspace.
AlbiCoins solution allow to combine and automate all corporate incentives and benefits at one easy-to-use platform. Furthermore, we combine non-financial instruments of employee engagement and recognition with benefits cafeteria. That means that employee will gain bonus points (‘coins’) for participating company activities e.g. corporate study projects, team performance competition, peer-to-peer recognition. Accumulating those ‘coins’ employee may develop his personal benefits plan in a long-term perspective.
What to start with
Let’s start and move step-by-step. AlbiCoins solution contain several modules – online tools: recognition, teamwork support, education, benefit cafeteria, bonuses sharing, surveys. Our customer may start with any module, update and develop a project adding new modules and new analytic and reporting tools.
AlbiCoins could be integrated (by API) with any current customer CRM or platform and may work as an integrating platform for all HR digital instruments with a SSO (single sign on) entry.
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How to measure success
Complex all-in-one solution allow to organize on one platform all incentives, surveys, benefits and educational project. AlbiCoins solution is also a significant resource of data and give an opportunity to observe many parameters describing employees behavior in education projects, recognition, team projects etc. We customize administration panel and analytic reports. That means, that HR and management gets full online analytics – a necessary resource of decision making process.
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