Employee incentive programs define the overall strategy and structure and provide systems to motivate and reward employees for achieving specific goals, behaviors, or performance metrics.
Experience the benefits of custom incentives program with millions of employee reward options. One Awardco client saw a 120% performance boost and 30% decrease in turnover after implementing their recognition and incentive programs. Show More
Company Overview
Founded
2012
Employees
415
Funding Summary
65M Series A
Clients Your Size
About Awardco
Awardco boosts productivity, reduces spend, and builds culture through value-driven recognition and rewards. Awardco is the only employee recognition and total rewards platform to be a featured partner with Amazon Business, and has the largest reward network on the planet—all with zero markups.
Awardco has helped clients achieve... - 10% year-over-year increase in employee engagement scores - 50% year-over-year increase in productivity - 20% lower turnover rate - and more! Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
01/2017
Employees
Funding Summary
None
Clients Your Size
About Nectar
Nectar helps team members feel valued, connected and engaged no matter where they work. Build camaraderie and celebrate wins both big and small. Our 360 recognition & rewards platform enables everyone (peer to peer & manager to employees alike) to send meaningful recognition rooted in core values. Nectar has the most extensive rewards catalog so users can choose from company branded swag, Amazon products, gift cards or custom reward types. Integrate with your other tools like Slack and Teams to make sending recognition easy. We support top organizations like MLB, SHRM, Redfin, Heineken and more Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
2017
Employees
30
Funding Summary
10M Angel Round
Clients Your Size
About Assembly Recognition Software
Assembly: AI-Powered Employee Recognition Program. At Assembly, we understand the importance of recognizing and celebrating your employees' achievements. Our AI-powered Employee Recognition Program is designed to transform how organizations appreciate and motivate their workforce.
Our advanced AI technology personalizes recognition experiences, ensuring each employee feels valued for their unique contributions. By analyzing data and performance metrics, our platform identifies key milestones and achievements, allowing managers and peers to deliver timely and meaningful recognition.
Key Features: - Personalized Recognition: Tailored acknowledgments that resonate with individual employees. - Real-Time Analytics: Insights into employee performance... Show More
WorkProud presents an unparalleled Employee Incentive Program featuring one of the world's largest awards catalogs that includes merchandise, gift cards, travel benefits, and more.
Irrespective of geographical location, budget constraints, or program objectives, WorkProud offers a distinctive... Show More
Company Overview
Founded
2002
Employees
75
Funding Summary
None
Clients Your Size
About WorkProud®
WorkProud® empowers organizations globally to foster pride and positivity through innovative employee recognition and rewards programs. With 20+ years of experience, we enhance connections and productivity, regardless of your employees' locations. Our solutions, tailored to your brand, drive engagement and inspire employees to be proud of their work and company.
120+ Countries | 200+ HRIS Integrations | 20M+ Active Users
REWARD: Access one of the largest global awards catalogs, featuring merchandise, gift cards, travel expenses, and more.
CONNECT: Unify your workforce, whether remote, hybrid, or deskless, in an organized... Show More
Recognition built to impact frontline retention. Not another points program! Start in minutes, not months, with a free single user account that can send rewards to anyone. Flexible delivery to reach frontline workers through web, mobile app, TV displays and... Show More
Company Overview
Founded
2013
Employees
45
Funding Summary
39.8K Equity Crowdfunding
Clients Your Size
About Guusto
Recognition for companies with FRONTLINE, DESKLESS and OFFICE employees. Start with a FREE account, then only pay for people who can give recognition (unlimited recipients). No company email needed to receive recognition and recipients get to choose where to redeem from thousands of merchant locations. Web, mobile and print-out options so no one is left out. No markups and unclaimed gifts are credited back in full. And 1 day of clean water is donated with every gift sent.
MyPointRewards (mypointrewards.com): Simple/straightforward point-reward incentive programming for whatever you want, whenever you want.
RewardsOnDemand (rewardsondemand.com): Digital gift and prepaid debit card reward fulfillment,... Show More
Company Overview
Founded
2002
Employees
Funding Summary
Clients Your Size
About Online Rewards
• 20+ Years Industry Experience • 14 Years Fastest Growing Companies (Inc. 5,000) • 450+ Concurrent Client Programs • 12M+ Active Reward Recipients Engaging with Our Platform • 98% Surveyed Customer Satisfaction • 96% Client Retention Rate
Professional Services: • Technology Development (websites and mobile apps) • Catalog and Rewards Fulfillment • Consulting and Strategy • Creative and Digital Design Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
2009
Employees
Funding Summary
Not Provided
Clients Your Size
About Tango Card
Tango Card provides leading incentive-delivery technology to organizations in the B2B space. Globally, enterprise companies use this technology to deliver an extensive catalog of domestic and global e-gift cards as part of consumer loyalty programs, sales incentive programs, health and wellness engagement, and employee recognition. Tango Card believes instantly delivering the most desirable rewards maximizes impact and drives real business results. This belief is woven into Tango Card’s industry-leading products: RaaS API, which integrates digital rewards into web platforms and applications, and Rewards Genius™, a self-serve portal for administering rewards. Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
1918
Employees
Funding Summary
Clients Your Size
About Terryberry
Employee recognition programs from Terryberry help organizations ignite purpose and potential in their teams. Terryberry's 360 Recognition Platform is one hub for all of your organization's employee recognition needs. With plug-and-play modules including service awards, incentive programs, social recognition, Award Points, Employee Wellness program, and more. Terryberry helps businesses of all sizes worldwide. Learn more at https://www.terryberry.com. Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
2013
Employees
Funding Summary
Not Provided
Clients Your Size
About WorkTango (formerly Kazoo)
Kazoo is an all-in-one Employee Experience platform that combines recognition, performance, and engagement in one powerful solution. By bringing together Real-time Recognition & Rewards, Continuous Performance Management, and Employee Engagement Surveys, Kazoo’s employee-first solution enables companies to build purpose-driven cultures while increasing productivity, retention, and revenue. With over 600 global customers, the Kazoo platform puts actionable analytics in the hands of business leaders, connecting them to what really matters. Kazoo is when work is working. Show More
Bonusly’s robust reward catalog meets employees wherever they work with 1,200+ rewards in 200+ countries. Discover why over 3,300 companies trust Bonusly to enable high-performance, save significant time and help retain top talent. Show More
Company Overview
Founded
2012
Employees
75
Funding Summary
18.9M Series B
Clients Your Size
About Bonusly
Bonusly’s top-rated employee recognition platform creates connected, motivated and high performing teams. Designed for both users and admins, Bonusly features peer-to-peer recognition that’s connected to company values, automated celebrations, and custom incentives. Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
2012
Employees
Funding Summary
Clients Your Size
About Wishlist
Wishlist is out to change the world. We want your employees to feel great about their accomplishments at work while feeling great about being at work. Our people make that possible.
Work should provide more than a paycheck. People want their work to matter and need to feel like they are a part of a group. We get that. Everyone at Wishlist has a story about how they wish they’d been recognized better for their efforts in their past. We never want anyone to feel that way. That’s why we do what we do – creating cohesive... Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
2002-08-01
Employees
Funding Summary
Not Provided
Clients Your Size
About Propel, Inc.
Since 2002, organizations on the cutting edge of well-being have trusted Propel® to create a well-being experience that is truly unique. Propel’s core approach to well-being is to leverage your organization’s culture to help drive engagement. This is why we fully brand the entire platform for our clients, structure the content, navigation, features and engagement plan specifically for our client’s program, fully customize incentive programs, and design the program marketing tools specifically for the client’s needs and unique goals.
Propel provides you with a mobile-optimized Portal focused on positive behavior change that is fully branded for your... Show More
This is one of Sonic Boom’s greatest differentiators, in that our incentive-management engine is completely customizable and configurable to meet the needs of any Rewards design – from the most basic participation-based activities to the most complex outcomes-based requirements with... Show More
Company Overview
Founded
2007-06-13
Employees
45
Funding Summary
None
Clients Your Size
About Sonic Boom Wellness
Sonic Boom Wellness, a Premise Health company, uses science and technology to transform how members engage in their total wellbeing.
Sonic Boom's robust digital engagement platform helps members improve their quality of life at work, at home, and on the go. Our interactive programs drive sustained engagement in daily health habit improvement through social connection, gamification, competition, cooperation, praise and recognition, and more. Sonic Boom also offers a NCQA-certified Health Risk Intervention assessment tool and seamless integrations with biometric screening vendors. This combines powerful data elements with member-specific insights to cultivate a unique, tailored approach to lifestyle... Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
2012
Employees
300
Funding Summary
Not Provided
Clients Your Size
About Xoxoday Plum
Xoxoday Plum is a powerful rewards, incentives, benefits & payouts infrastructure that helps businesses to simplify their rewards program while making the gratification experience delightful for end-users.
Xoxoday Plum's native integration with some of the popular HRMS, HRIS, CRM, Survey, Marketing automation, SSO, SAML tools like SAP SuccessFactors, Zoho People, Darwin Box, Keka, Hubspot, Freshworks, Zapier, Hubspot, Type Form, Survey Monkey, Survey Gizmo, SAML 2.0, etc. gives you the flexibility to reward from the flow of your work. Xoxoday Plum's powerful API also lets you automate rewards and incentives delivery from within by connecting... Show More
WellRight's incentive structure can be completely customized. The client has the option of choosing the currency name (e.g., points, credits), the achievement level names (e.g., bronze, silver, 1st, 2nd), and the number of points required to achieve each level. The... Show More
Company Overview
Founded
10/2013
Employees
85
Funding Summary
None
Clients Your Size
About WellRight
Your Plan, Your Way is a cornerstone of WellRight’s appeal. Its flexibility gives participants a sense of wellbeing that resonates with what makes them feel comfortable, healthy, and happy. Combining a deep resource library, access to subject matter professionals, dedicated customer and program management services, engaging challenges, and the power of community, WellRight fosters long-term engagement and program success.
Your Plan, Your Way speaks to program administrators. Our flexibility and scalability allow us to collaborate with admins to easily and quickly adapt our proprietary platform at the user and organizational levels to match what works best... Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
11/2014
Employees
70
Funding Summary
Not Provided
Clients Your Size
About Semos Cloud
Semos Cloud is re-imagining the Workplace by Creating “Moments that Matter“. Semos Cloud is a technology company with an innovative approach to reshaping the world of talent management by putting people at the heart of every organization. Our employee experience suite of applications and technology is used by some of the world’s largest organizations and is revolutionizing the experience of hundreds of thousands of employees across the globe.
We help build the connections and employee experiences that organizations need to retain, engage, and attract their people to be the best versions of themselves. Show More
Rewards & recognition to celebrate your team's successes!
Send employee bonuses, peer-to-peer or manager-to-employee, in just a few seconds making recognition easy and meaningful.
Bonuses as a part of your rewards strategy... Show More
Company Overview
Founded
2018
Employees
Funding Summary
13M Series A
Clients Your Size
About Compt
Compt is the number one employee stipends platform that gives people the freedom to choose lifestyle perks they really want. Founded by a three-time CFO, two-time COO, Compt is fully customizable, IRS-compliant, and can support global teams. Compt was named a #1 HR Tech platform by SHRM’s Better Workplaces Challenge. Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
2004
Employees
150
Funding Summary
2.8M Venture Round
Clients Your Size
About Wellbeats, a product of LifeSpeak Inc.
Wellbeats Wellness, a product of LifeSpeak Inc., is the premier solution for on-demand, virtual wellness content and programming for use in corporate wellbeing initiatives. As a pioneer and category leader, Wellbeats Wellness, serves 2,500+ commercial clients in all 50 states and 90+ countries. More than 1,200 fitness, nutrition, and mindfulness classes are led by certified, relatable instructors, and 60+ goal-based programs are available anytime and anywhere. Wellbeats Wellness equips employers to support employees with best-in-class wellness resources that fit their unique needs, lifestyle, and schedule. With the belief that wellbeing isn’t just for some—it’s for all—Wellbeats Wellness gives people of... Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
2018
Employees
39
Funding Summary
17M Series A
Clients Your Size
About Fringe
Fringe is the world’s first personalized wellbeing marketplace. With Fringe, employers save money by consolidating their employee experience, benefit, and rewards & recognition programs into one platform to recruit and retain talent.
Fringe has hundreds of wellbeing and lifestyle services intelligently designed to drive business outcomes and employee wellbeing. Show More
Necessary vendor information still needs to be provided.
Company Overview
Founded
1994
Employees
210
Funding Summary
None
Clients Your Size
About HealthCheck360
At HealthCheck360, we turn our passion into your program. We’re leaders in population health management and well-being solutions. Our services are like a choose your own adventure book. Select the options you need to fill gaps in your current benefits or create a comprehensive program to fit your organization’s unique culture. We can even work with your brokers, third party administrator, insurance companies or other benefit provider for a complete integration of services. Show More
Experience the benefits of custom incentives program with millions of employee reward options. One Awardco client saw a 120% performance boost and 30% decrease in turnover after implementing their recognition and incentive programs. Show More
WorkProud presents an unparalleled Employee Incentive Program featuring one of the world's largest awards catalogs that includes merchandise, gift cards, travel benefits, and more.
Irrespective of geographical location, budget constraints, or program objectives, WorkProud offers a distinctive... Show More
Ignite is a powerful solution that brings together the key pillars of engagement - recognition, communication, learning, collaboration, and rewards - all under one roof. Ignite is that game-changing platform, empowering organizations to create a culture where employees feel valued,... Show More
At Centricity, we know that elevating your workforce experience leads to incredible results, proven to attract, engage and retain talent, and creating environments (onsite and remote) that inspire peak performance.
We believe Genuine Recognition® is integral to... Show More
An employee incentive program is a strategic approach used by employers to motivate and reward employees for meeting specific performance targets or exhibiting desired behaviors in the workplace.
How to Create an Incentive Program for Employees?
To create an effective incentive program for employees, identify clear goals, tailor rewards to employee preferences, ensure the program is fair and transparent, and regularly review and adjust the program to keep it relevant and engaging.
Why Implement an Employee Incentive Program?
Studies have revealed that an employee incentive program can significantly uplift morale, boost productivity, and strengthen employee engagement, leading to a more driven and content workforce.
Can Employers Deduct Employee Incentive Programs?
Generally, employers can deduct the costs associated with employee incentive programs as business expenses. However, consulting with a tax professional is essential to understand specific tax implications and requirements.
What are Good Incentives for Employees?
Good incentives for employees can range from monetary rewards, such as bonuses and raises, to non-monetary perks, like extra vacation days, flexible working hours, and recognition awards.
What is an Example of Incentive Pay?
Some examples of incentive pay include monetary rewards like commissions, annual bonuses, signing bonuses, and performance-based bonuses, as well as non-monetary incentives such as stock options or shares in the company.
Which Incentive Plans are Specifically Designed to Promote Group Performance?
Team-based bonus plans or profit-sharing arrangements are incentive plans specifically designed to promote group performance, fostering teamwork and collective effort towards common organizational goals.
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