Per IRS regulations, employees will be taxed on the amount of the reward redeemed. Those taxes will be deducted from your paycheck in the next Payroll cycle.
How It Works
GIVING POINTS
Nectar shout-outs are quick, public recognitions that highlight and celebrate team members for specific contributions, positive behaviors, achievements, or moments of going above and beyond. They are visible to all employees across Larimer County, and help spread positive recognition and reinforce Larimer County values.
Every month employees will receive an allowance of 20 points (managers with direct reports receive a monthly allowance of 50 points) to giveaway to colleagues throughout all Larimer County departments/offices.
Points expire at the end of the month and cannot be carried over month to month. However, employees receive a new allowance of 20 points the first day of the next month.
REDEEMING POINTS
Once an employee accumulates enough points (10 points = $1), they can be redeemed one of four ways*.
- Electronic Gift Cards - There are hundreds of gift cards available for employee to redeem, everything from apparel and food to travel and entertainment. Once points are redeemed, gift cards are sent electronically from Nectar to the employee.
- Custom Rewards - Rewards listed in the custom section are local to Larimer County, including the Larimer County Parks Pass and Downtown Fort Collins Gift Card.
- Swag Store - We have created a store where employees can redeem their points for custom Larimer County apparel and items.
- Amazon - Shopping is even easier with the Amazon store. Redeem points by shopping directly from Amazon.
* Once points have been redeemed, employees will be taxed for that amount on their paycheck.
ADDITIONAL POINTS
There are several other ways employees can earn or be awarded points. They are listed below.
- Longevity - Longevity, aka Work Anniversaries, are recognized every year through Nectar. However, employees are also awarded points for milestone years beginning at 5 years, and every 5 years thereafter.
- 5 Years (1,000 points)
- 10 Years (1,500 points)
- 15 Years (2,000 points)
- 20 Years (2,500 points)
- 25 Years (3,000 points)
- 30 Years (3,500 points)
- 35 Years (4,000 points)
- 40 Years (4,500 points)
- Innovation Awards - The Innovation Award Program is run once a year, where nominations are accepted for new and innovative ideas. The winner(s) can receive up to 50,000 points (or $5,000 in a deferred compensation contribution), depending on the number of winners.
- Challenges - Periodically Larimer County or a department will create a challenge that employees can complete to earn points. The number of points awarded will vary challenge to challenge.
- Awards - Awards are usually distributed by department heads, managers, or supervisors as they see fit. NOTE: Awards are chosen and funded by departments.
