The Redemption Dashboard contains everything you need to know about redemptions including organizational totals, individual information, reports for managing taxable benefits, and potential liability from employees with unredeemed points.
These dashboards update overnight, every night providing you with updated information daily. However, updating user information can take up to two nights to allow all systems to sync and re-sync relevant information across the platform.
To view these dashboards, navigate to Admin ⚙️ ️> Admin Dashboards > Redemptions. From here, select the Dashboard you'd like to view: Overview, Taxable Benefits, or Liabilities:
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Redemptions Overview Dashboard
The Redemptions Overview dashboard provides you with an overview of your current employee count, and current point liability, which is the total amount of points your users could redeem at any given time, and the largest point liability held by a single user. You can view your YTD redemptions, average benefits per employee, and the largest redemption by a single user. Please note that these widgets display information in points, and you will need to consider your points to dollar ratio to understand the dollar value.
Taxable Benefits Dashboard
❗️Please note that this dashboard is only available to Kudos Rewards® accounts. If your organization uses Rewards+, please reach out to your CSM or our Support Team for further information.
The Taxable Benefits Dashboard displays information that will assist your payroll team. This information is also available on the Redemption Report, under Admin ⚙️ > Redeem.
As tax laws vary across countries and the territories within them, it is important to know that Kudos Rewards® and/or Custom Rewards may be taxable in your jurisdiction. Please review your governing tax laws to understand cash and near-cash taxable benefits in your area.
Redemption details will be shown in a Simplified Table and a Detailed View:
To add a taxable benefits disclaimer for your team, go to Admin ️ ⚙️ > Account Settings > Rewards > Taxable Benefits Disclaimer.
Once saved, the disclaimer will display at the bottom of the Kudos Rewards® and Custom Rewards catalogue.
Liabilities Dashboard
The Liabilities dashboard provides your team insights into your unredeemed points balance so you can correctly forecast and budget for point redemptions. Please note that this dashboard displays all information in points, and you will need to consider your points to dollar ratio to understand the dollar value.
The Current Liability vs. Total Points Spent widget displays all redeemed vs. unredeemed points for your entire time on the system since points liabilities can be carried year over year. This is meant to show the current outstanding liability your organization has.
The Liability and Spent (Points) widget shows the redeemed vs. unredeemed points month over month.
The Current Liability table displays any unredeemed points liabilities for each individual user, grouped first by country, then by department, followed by location:
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