General Pricing Guidelines for Rewards and Recognition Programs
According to SHRM, organizations that spend at least 1% of payroll on employee recognition programs are more likely to rate their programs as excellent. Terryberry can customize an employee recognition program to fit virtually any budget. Terryberrys rewards and recognition programs are customized for each client. Contact us to receive a free pricing proposal on your employee recognition project.Request a Proposal
Return on Investment for Employee Recognition
Effective employee recognition can mean the difference between a surviving business and a thriving business. Research proves recognition is the #1 driver of employee engagement. Organizations that excel in employee recognition consistently achieve 200-300% ROI through reduced turnover, improved productivity, higher customer retention, and ultimately better profitability. Find out what effective employee engagement can mean to your business. Try our ROI Calculator.
Awards for all budgets, starting under $50
Terryberry offers service awards for nearly any price point. Simply let us know your budget and we’ll provide options to match. On average, Terryberry clients invest $25-35 per year of service. This means a 5-year award would be valued at $125-175.
Starting at $300/month
Give points for the contributions that make your business go: safety achievements, sales benchmarks, wellness goals, and more. Unlike many of our competitors, points are invoiced at redemption, not issuance so you don’t pay for what you don’t use. One-time initial program setup charge is based on features, options and level of customization.
Starting at $3.75/per participant/month, plus wellness rewards based on your budget and participation goals
Terryberrry Wellness is a plug-in module of the 360 Recognition Platform. Health risk assessment, wellness challenges, fitness tracker integration and wellness rewards are all a part of this complete employee wellness program. One-time initial program setup charge is based on features, options and level of customization.
Starting under $250/month
Give a WOW Pro is a professional grade Peer-to-Peer recognition platform for organizations of all sizes with advanced custom branding, permission settings, SSO capability, tangible award options and more. One-time initial program setup charge is based on features, options and level of customization.
Starting under $50
Recipients choose from a catalog of curated items at a selected price point. Prices start under $50 per item and up. No minimums!
One-time setup starts at $500.
Recipients choose from an online selection of curated items at your selected price point. Award pricing is based on product selection, starting under $50.
One time tooling cost starts at $350. Request a proposal for your project
Create a one-of-a-kind jewelry award your recipients will treasure. Initial artwork design using your symbol and customization is complimentary, and a quote will be provided at no charge. Emblems, rings and watch prices vary depending on metal quality, size, jeweling, and quantity.