I think this is really risky. Some companies have the concept of peer-awarded bonuses, and these can work sometimes, but they often just create a "game" and a w

I think this is really risky. Some companies have the concept of peer-awarded bonuses, and these can work sometimes, but they often just create a "game" and a whole load of hidden politics. I would suggest that most companies should be very careful about introducing peer bonuses, let alone something like this. I would also suggest that much of the benefits of this product (increased recognition) could come from a combination of: thumbs-up or similar reactions to Slack messages, a channel to call out nice things people did (we have #values where we call out people living our company values), and a space for these deeds to be recognised such as at company all-hands meetings (we have a "thank yous and well dones" section in ours each week).