Employee Rewards Programs

Employee rewards platforms facilitate the giving of various types of rewards, often through a third party, to employees.
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Product Info
Company Overview

Founded

01/2017

Employees

Funding Summary

None

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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
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-

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-

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Treat your employees to something they're used to—the power of choice in their own rewards. Awardco's unique integration with Amazon allows you to reward employees points that they can spend on millions of... Show More
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Min. Group Size

1 eligible

Lives Serviced

400,000

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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
Product Info
Company Overview

Founded

2017

Employees

30

Funding Summary

10M Angel Round

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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...
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Company Overview

Founded

2013

Employees

Funding Summary

Not Provided

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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
Product Info
Company Overview

Founded

1918

Employees

Funding Summary

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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
Product Info
Company Overview

Founded

2012

Employees

27

Funding Summary

Not Provided

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About Cooleaf 

Cooleaf is the leading experience platform that helps top companies to engage, motivate, and connect their people. Through meaningful recognition, virtual experiences and challenges, and strategic listening, we empower workplaces to lead with love.

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Min. Group Size

1 eligible

Lives Serviced

12,500,000

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WorkProud (workproud.com): Full-scale, highly customizable employee engagement, recognition, & reward platform.

MyPointRewards (mypointrewards.com): Simple/straightforward point-reward incentive programming for whatever you want, whenever you want.

RewardsOnDemand (rewardsondemand.com): Digital...
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Min. Group Size

200 eligible

Lives Serviced

-

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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... Show More
Company Overview
Product Info
Company Overview

Founded

2014

Employees

Funding Summary

Not Provided

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About Mo

At Mo, we’re creating moments that bring people closer together at work. By building stronger working relationships, we create a shared sense of togetherness that has the power to create greater meaning that motivates people.

What started out as an app to improve recognition amongst colleagues, has grown into the leading platform for forward-thinking businesses passionate about giving their employees more meaning at work and more motivation - the meaning and motivation to come to work wanting to be more, together.
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-

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An employee reward system that inspires and delights your people

The right employee reward and recognition program creates meaningful and memorable moments for your people. Reward Gateway’s suite of reward...
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Product Info
Company Overview

Founded

1927

Employees

1,416

Funding Summary

None

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About O.C. Tanner

O.C. Tanner helps organizations inspire and appreciate great work. Thousands of clients globally use our cloud-based technology, tools, and awards to provide meaningful recognition for their employees. Show More
Product Info
Company Overview

Founded

2002

Employees

Funding Summary

24.5M Series C

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About Achievers

Achievers Employee Success Platform delivers proven tools for organizations of all sizes to align on values and strategic goals by empowering every employee as an owner of organizational culture and engagement. Built on behavioral science and real-world results from over a decade of engagement leadership, hundreds of global customers rely on Achievers’ dynamic employee recognition, coaching, and continuous listening tools for their people to feel valued and heard, to drive desired behaviors and ignite a positive corporate culture. Achievers provides organizations and managers with engagement intelligence to inform their actions and decisions, every day. Show More
Product Info
Company Overview

Founded

2012

Employees

Funding Summary

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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...
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Product Info
Company Overview

Founded

1999

Employees

1,101

Funding Summary

9.3M Series B

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About Workhuman

Workhuman® addresses today's workforce challenges, such as high turnover and DE&I, through the Workhuman Cloud®. For over twenty years, Workhuman has been helping our customers create high-performance and inclusive workplaces. Ranked #1 out of all other employee recognition platforms, Workhuman's Social Recognition® tool is so effective at making employees feel valued, driving engagement, and improving employee retention, we back it up with the HR industry’s only ROI guarantee. Show More
Product Info
Company Overview

Founded

2015

Employees

224

Funding Summary

18.8M Venture Round

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About Perkbox

We’re Perkbox, a global benefits and rewards platform that helps businesses care for, connect with and celebrate their people — no matter where they are or what they like. Trusted by over 4,000 companies across the globe, Perkbox is here to help keep employees everywhere happy, healthy and motivated. We do this by offering truly meaningful rewards and benefits that speak to every employee in every location. Show More
Product Info

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-

Lives Serviced

-

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Product Description

Employee Rewards and Recognition

- Traditional rewards are outdated: Gas station gift cards and cash are inefficient and time-consuming for finance teams.

- Focus on recognition and...
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Product Info

Min. Group Size

500 eligible

Lives Serviced

120,000

Average Cost

Average Cost is Locked

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Product Features

Not Provided.

Product Description

Our infinitely flexible incentive-management Rewards platform can integrate with other benefits/providers and can use any currency to award any activity type. All incentive-tracking is automated within the Rewards dashboard of our secure portal.... Show More
Company Overview
Product Info

Min. Group Size

300 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

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Why Benepass Rewards and Recognition
Deploy a cheaper recognition program. Unlike gift cards, Benepass funds are not used until an employee actually spends them.
Employees can use the gift how they...
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Company Overview
Product Info
Company Overview

Founded

11/2014

Employees

70

Funding Summary

Not Provided

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About Semos Cloud

Semos Cloud is a global leader in people and culture intelligence solutions, dedicated to helping organizations create a connected and thriving workplace. Over the past decade, Semos Cloud has partnered with enterprise organizations, delivering cutting-edge cloud solutions, advanced AI technology, and exceptional services. Positioned as the only strategic partner bridging the gap and building connections between culture, people, and skills, Semos Cloud enables companies to build stronger teams and cohesive environments.

Their tailored solutions for rewards, communication, and talent development foster connection, empower people, and support talent retention across various industries and global locations, including: Show More

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Frequently Asked Questions

What are Employee Rewards?

Employee rewards are incentives given to employees for their exceptional performance or contributions. They can be bonuses, gift cards, time off, or public recognition.

What is an Employee Rewards Program?

An Employee Rewards Program is a structured initiative that offers incentives and recognition to employees for their outstanding performance and contributions.

How to create an Employee Rewards Program?

To create an Employee Rewards Program, define clear objectives and performance criteria to ensure the program aligns with the company's goals and values. Once the objectives are set, carefully choose appropriate incentives and establish a budget that suits the organization's resources. Communication is crucial to effectively convey the details of the program to employees, explaining how it works and the rewards they can earn. With the program launched, diligently implement and track its effectiveness, gathering data and feedback to assess its impact and identify any areas for improvement. Through continuous improvement, refine the program over time, making necessary adjustments and enhancements to keep it relevant and motivating for the employees. By following these steps, the Employee Rewards Program can become a valuable tool for recognizing and rewarding employee achievements and fostering a positive and engaged workforce.

Do Employee Rewards Programs work?

Yes, Employee Rewards Programs can be effective in motivating employees, fostering a positive work culture, and increasing overall employee engagement and performance.

Are Employee Cash Rewards taxable?

Yes, Employee Cash Rewards are generally taxable income and subject to applicable income tax and withholding.

Can I deduct Employee Rewards?

Yes, Employee Rewards are often tax-deductible as business expenses, but it's essential to consult with a tax professional for specific details and compliance with tax regulations.

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