Custom Budgets let you divide your overall Nectar funding into smaller, purpose-built buckets—like “Q4 - Engineering Department,” “Holiday Rewards,” or “Leadership Recognition.”
This gives you:
Clear ownership
Better spend visibility
Tighter control over how points are used
When should I use a Custom Budget?
Custom Budgets are ideal when you need to:
Give a specific team, leader, or location their own pool of points to manage
Track spend for a specific program or initiative
Fund short-term incentives (e.g., “Q4 Product Launch Rewards”)
Separate “always-on” budgets like Peer to Peer or Manager Monthly Allowance from special campaigns
What do I need before creating one?
You must be a Workspace Admin in your Nectar account to create Custom Budgets.
How do I create a Custom Budget?
Go to Workspace Settings → Budgets
Click Create New Budget
Fill in the required fields:
Budget Name – Use a clear, descriptive name
Budget Amount (in Nectar Points) – Set the total number of points
Note: 10 Nectar Points = $1 USD
Description (optional) – Add details about the budget’s purpose
Flexible or Fixed
Fixed – Spending stops once the limit is reached
Flexible – Spending can exceed the limit, but admins are notified
Attach Budget Items:
Click the edit icon to choose which items will pull from this budget:
Peer-to-Peer Shoutout Points
Manager Shoutout Points
Challenges
Custom Awards
Nominations
Automated Awards
Click Save and Close in the Manage Budget Items modal
Click Save and Close on the Create Budget page
Once saved, your new budget will appear in the Budgets list.