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Recognition |
At KBP Brands, we value and appreciate the dedication and commitment of our employees and have worked hard to build and maintain a culture where employees feel appreciated and recognized. As such, this policy provides a framework and a summary of recognition programs at KBP. Recognition is not limited to the monetary components outlined below and should be given in various forms such as verbal praise, written appreciation, certificates, and awards. FrameworkA framework is provided to ensure there is alignment with our business, culture, and talent goals, and to ensure KBP is driving change and performance through consistent reinforcement of desired behaviors and actions. At KBP recognition is a tiered approach, ranging from the most common forms of recognition to the most prestigious recognition, the annual Top 10 Trip. ![]()
The most common form of recognition is employee-based recognition which is embedded in the KBP culture of recognition.
KBP plans to introduce a formal program to recognize Restaurant General Managers and above and home office employees who achieve service anniversary milestones at 5, 10, 15, 20, 25 and 30 years. More communication will be provided when details are available. Birthdays Significant Life Events Tier 2
Field Employees KBP will fund an amount monthly for each above restaurant leader to use to recognize their employees. The leader will provide the recognition note and $10 dollar gift card to the employee through Tango. The employee will receive the recognition via email and can then select the gift card of their choice. Home Office EmployeesA budget is determined each year by the department leader that includes an allocation for employee recognition. People leaders should contact their department leader with questions on usage of funds related to recognition. Tier 3
Each regional leader in the field, and department leader in the home office, will have an amount budgeted for up to two events per year. These budgets will be set and revisited annually. Holiday Gifts Company-wide recognition is the most powerful and unique recognition KBP provides. This is limited to the top 10% of the company, has very high visibility and is an important aspect of KBPs culture.
KBP may provide an annual trip to field employees that perform within the Top 10% of the organization. If employees are permitted to bring a guest, they will be required to provide a description of the relationship (current/past KBP employee, friend, or family); KBP reserves the right to decline guests should it be in the best interest of the company. Extensions of invitations to an employee’s supervisor or subordinate are not permitted. If two recipients are involved in a romantic relationship, they will not be permitted to bring additional guests. All loyalty points will be designated to KBP, not the individual. If a winning recipient is unable to attend, an alternate trip is not provided. It is also understood that during employment with KBP, employees may receive cash, cash equivalents, gifts or prizes through company sponsored events or rewards and recognition programs. Should the value of these items be greater than or equal to $25, the value of these items is considered compensation and is subject to federal, state and employment tax withholding, and reporting on Form W-2. When an employee receives these items from KBP, the employee will be taxed at their current rate, based on the value of the item, on the next scheduled pay period, unless otherwise absorbed by the company. Policy Statement |
09.2023 | ||