Once wallets have been set up, Tedy offers two main ways to distribute amounts to employees: allocations and recognition.
Allocations are baseline amounts that can be given to employees. These can be either recurring or one-time, though recurring allocations are recommended to keep employees engaged with their wellness program.
For example, if your wellness program budget is $1,200 per employee per year, you could create a $100 monthly allocation.
Allocation descriptions are visible only to administrators, meaning that allocations are not ideal for linking amounts to specific goals or events.
Recognition is designed for sending one-time amounts tied to goals, milestones, or special dates. Unlike allocations, recognition allows administrators to fully customize the notification email that employees receive when the amount is sent.
The Recognition section includes several templates, and under Special Date, you can create dynamic recognition—for instance, setting up automatic amounts to be sent on an employee’s hire date or birthday.
