GOLD STARS: Feel like you could use a pat on the back every once in awhile?

Executives at Bermuda-based Accenture Ltd., an outsourcing and consulting firm, are giving their employees just that through a points-based rewards programme, allowing them to cash in on recognition for work well done.

Managers and supervisors have a budget of points they can distribute to employees throughout the year with a personalised e-card. Workers can then redeem their points by picking gifts from an online catalogue that includes appliances, electronics, jewellery, vacation packages and gift certificates.

Jill Smart, Accenture's chief human resources officer, said the rewards programme is perfect for any office or work environment, and thinks other companies will take notice.

"People love that their supervisors are taking the time out to show their appreciation," she said. "It's clearly impacting people's engagement."

BACK-TO-BUDGET: The sagging economy may prompt some parents to reconsider how they approach their back-to-school shopping this year.

To avoid buying more than your family can afford — or arguing with your tween in the middle of the mall — parents should work out a spending plan with their children, advises Beb Linton, education programme manager for Atlanta-based Consumer Credit Counselling Service.

"It's important to set a budget and make it clear that if they want to buy something expensive, they need to give something up somewhere else," Linton said.

Linton suggests buying things like underwear and socks in bulk. He also pointed out that clothes often go on sale after the initial back-to-school rush, so waiting a few weeks into the school year could get you more bang for your buck.

Children grow quickly, so look for clothes with no definite waistline or elastic waistbands.