Universal recognition token (URT) - for a company employee

Quoted from the official page https://economy.okezone.com

What forms of purpose and indigo rewards are often done in a company?

For progress and appreciation of the employees it has become a common thing in a company to give prizes to its employees when there are certain event events. The effort to get a professional workforce in accordance with the demands of the job requires a sustainable coaching, namely an effort in planning, organizing , use, and maintenance of workers to be able to carry out their tasks effectively and efficiently.

As a concrete step in the results of the coaching, an employee award was given that showed good work performance. The understanding of the awards in the company is often in the form of a charter and a sum of money or a greeting card from an employee company that has achievements. There are also companies that give rewards to employees because their work period and dedication can serve as role models for other employees. Awarding because the employee's work period aims to motivate the company's passion and loyalty.

The awarding is an effort of the company in providing remuneration for employee work, so as to encourage employees to work harder and potentially. Employees need an award when their work has met or even exceeded the standards set by the company. This award can be in the form of praise. Not only if employees make mistakes getting abuse from leaders. Working employees have a purpose, among others, to earn income so that their needs and desires can be realized. An employee will get job satisfaction if they perceive that the rewards they receive are in the form of salary, incentives, allowances and other awards that are not material for the implementation of the work that is worth more than the sacrifice in the form of labor and costs incurred to carry out the work

This gift is often given when there is an event such as:

New year, birthday, mother's day, valentine, independence, Valentines day and other anniversaries.

However, in general, programs like this, in addition to spending only a lot of programs like this, are actually not an efficient program and are only ignored in the morning by some employees. And it looks more like a useless expense

URT will provide solutions to the above problems by providing various benefits with only one URT token, namely:

URT Tokens will utilize blockchain technology, that is, with a smart contract system it will reduce operations while minimizing the company's costs and waste.

URT system features are virtual markets that allow employees to

auction prizes while maintaining the value of the prize for later use and / or accumulating higher value prizes.

When an employee receives a prize or wins a prize, he can take it right away on his own or choose to auction it off and receive cash (or alternatively, the company

can choose to credit employees with internal prize points or miles owned

cash equivalent value and can be exchanged with a prize of a fixed price

prize menu - for example, the "United Airlines Mileage Plus mall" framework). This system allows employees to exchange unwanted gifts with the desired prize. In addition, this market liquidity adds perceived value to employee rewards by allowing the value of several smaller prizes to be combined and applied to future prizes of higher value.

the system is intended to reduce the possibility of HR or management giving employees inappropriate gifts (shopping vouchers, entertainment cards etc.) that employees are less interested in.

Additional benefits for URT tokens are a highly liquid market

giving generic gifts is no longer needed, management no longer needs to share gifts from piles of Starbucks or Barnes and endless Noble gift cards. Because important features of this system are geographical and economic flexibility, vendors

around the world will be able to enter the system, and the value of their prizes will be determined by market demand. When an employee auctioned off an unwanted gift voucher, Boston's famous seafood restaurant, URT holders will determine the value of the voucher using their own offer

.GLOBAL SYSTEM URT