Business-spend management platform EnKash rolls out incentive programme for staff


Business-spend management platform EnKash has rolled out an incentive programme called the “Attitude Bonus”, to take care of team members.

Through this programme, the company will reward employees for their ownership and intrapreneurial attitude towards work and the organisation’s growth. The initiative also intends to enable individuals to hone multifaceted skills, improve accountability and ownership, and upgrade their overall performance.

To ensure a fair assessment of employees’ efforts, the firm has designed a tracker-based system, through which team members will be able to keep a record of their initiatives while going “beyond the call of duty”.

The company has also established an “attitude bonus reward committee” comprising the senior leadership team backed by the founders, that will evaluate the entries sent by the employees. The winners will be announced on a monthly basis and will be granted monetary rewards.
“While skills and talent are important, the team’s attitude is the key factor that eventually defines the growth and the success of the organisation. In a startup ecosystem, an employee is bound to wear multiple hats and work beyond their KRAs, as they are essentially building the company along with the founders. Employees with proactive mindsets and a high degree of ownership are assets to any company, and hence, are bound to grow in their individual capacity as well,” said Naveen Bindal, co-founder, EnKash.

This programmme is the firm’s attempt to reward its team members who choose to go the extra mile, to ensure that the organisation and its customers’ respective needs are met, Bindal said.

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Both freshers and experienced employees will be eligible for the bonus, with no limitations on the number of monthly potential winners.

The programme will ensure higher take-home packages for employees who demonstrate ownership and drive larger impact, wherein they can earn upto 2x of the bonus amount which will be over and above their annual pay.

The fintech startup recently raised $20 million in a Series-B funding round led by Ascent Capital with participation from Baring India, White Ventures and existing investors.

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