Yes! VPM Solutions allows companies to send one-time payments to Remote Team Members for a variety of reasons beyond regular time-tracked hours. These are commonly used to reward performance or recognize special occasions.
Why Give a One-Time Payment?
VPM has found that one-time payments can serve multiple purposes, including:
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Performance-Based Rewards:
If a Remote Team Member hits specific Key Performance Indicators (KPIs)—such as achieving a milestone or contributing to a company goal—a one-time payment can be used as a performance bonus. -
Incentives for Deliverables:
For example, some companies give bonuses when a team member helps generate a positive Google review or completes a project that exceeds expectations. -
Holiday or Special Occasion Gifts:
Companies often want to show appreciation during holidays such as Christmas, Thanksgiving, or even a team member’s birthday. A one-time payment can be used as a goodwill gesture during these times.
How to Send a One-Time Payment
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Go to the Companies section on your dashboard.
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Select One-Time Payment.
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Choose the Remote Team Member you’d like to pay.
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Enter the amount or number of hours.
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If you input hours, the system will automatically calculate the payout based on their hourly rate.
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This feature gives companies flexibility in recognizing and rewarding their remote team without altering regular contracts or rates.