[muthuraj57]

In our team, we have our custom implementation of a web app like https://bonus.ly . The idea is, every member would be given a certain points(we call it jems) at the start of the month. He/she can give those points to other members who help them with the reason specified and it will be posted on a slack channel through slackbot.

Using this, everyone can know what other people is working and who is helping who like that. For every month at a team meeting, people who got more points will be appreciated in front of the whole team. The total points is calculated using a formula such that a member who just start giving/receiving more points per jem than other so that new comers will be appreciated more.

It works really well and at performance review, managers will consider this stats. Also the performance review contains two peers (chosen by us), and all kind of managers who we are reporting.