Praise is peer-to-peer recognition: any employee can send a short praise message to a colleague, optionally tagged to one of your company's core values.
The giving wallet: each employee gets a monthly allowance of giving points (100/month by default); sending a praise costs points from that allowance (20 points per praise, so up to 5 praises a month by default). Receiving praise doesn't cost anything and isn't capped.
Where to see it: your wallet balance and the praise you've given/received recently, plus an employee's full praise history on their profile (where entitled).
Leaderboard: a company-wide ranking of who's received the most recognition. The leaderboard is a separate, higher entitlement from core Praise - it's available on Professional and Enterprise, while core giving/receiving is available more broadly (including Basic/Starter and Careersome Light).