KJV Dictionary Definition: devour devour. DEVOUR, v.t. L., to eat. 1. To eat up; to eat with greediness; to eat ravenously, as a beast of prey, or as a hungry man. We will say, some evil beast hath devoured him. Genesis 37. In the morning, he shall devour the prey. Genesis 49. 2. To destroy; to consume with rapidity and violence.
For more wide-ranging programs, such as managersâ spot awards, peer recognition, and other incentives for exhibiting organizational values, Dittman estimates the annual spend should be between $12 and $64 per employee annually, depending on thevariety of the offerings.
For the employer giving rewards as part of employee incentive contests, there are also tax limits to how much said rewards can be written off against tax. The Tax Reform act of 1986 says that an employer can deduct the cost of achievement awards given to the same employee up to $400 in any single tax year. If the incentive awards are awarded as part of an established plan or program, the deduction limitation rises to $1,600 per employee.