Employee reward software not only boosts employee engagement but also enhances productivity and retention. The best employee reward software solutions provide a comprehensive suite of features to celebrate achievements and foster a positive work culture where everyone feels motivated and appreciated.
What is Employee Reward Software?
Employee reward software, or employee recognition software, allows organizations to recognize and appreciate their employees’ contributions. It allows peer-to-peer recognition and manager-to-employee recognition through messages, badges, or other virtual tokens of appreciation. This platform provides rewards programs that often use a points system. Employees can earn points for good performance and then points can be redeemed for rewards like gift cards, company swag, or charitable donations. Employee reward software helps companies create a positive work culture of recognition and appreciation. The software can integrate with collaboration tools and other HR systems.
Top 8 Employee Reward Software you can use in 2024
Worktango
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Worktango
Pricing: Quotation Based
Features:
✔ Recognition Tracking
✔ Points and Rewards
WorkTango is a comprehensive employee experience platform that helps businesses enhance employee engagement and improve performance. People can choose from millions of rewards products, experiences, swag,…from popular brands such as Apple and Amazon. Employees can redeem rewards points for airline travel, hotels, and ticketed events. WorkTango empowers employees to get the most out of their points with global shipping included and zero-markup rewards.
Integrations: Slack, Gusto, HiBob, etc.
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Main Features
✔ Recognition Tracking ✔ Rewards & Recognition ✔ Points and Rewards ✔ Rewards Programs ✔ Rewards & Incentives | ✔ Employee Programs ✔ Peer-to-Peer Recognition ✔ Manager-to-peer Recognition ✔ Service anniversaries ✔ Gift Card |
Worktango Pricing
- Quotation Based
Worktango offers three pricing plans. The Recognition & Rewards plan provides features like peer-to-peer recognition, automated milestone celebrations, incentives, and awards & nominations.
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Top Customers
2U, DealerSocket, Bazaarvoice
Customer Reviews
Pros | Cons |
❌ limited search and filter options in the rewards marketplace |
Also read Best Global Payroll Software for 2024
Bonusly
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Bonusly
Pricing: 14-day free trial, Subscription, Quotation Based
Starts from $5/user/month when billed yearly
Features:
✔ Recognition Tracking
✔ Points and Rewards
Bonusly is one of the best employee reward software designed to build a winning workplace. The platform offers many ways to incentivize employees like digital gift cards, company swag, custom rewards, and donations. Employees can choose from thousands of gift cards supported in more than 200 countries. Also, they can cash out their Bonusly rewards on PayPal, Visa gift cards, and prepaid Mastercards.
Integrations: Namely, Factorial, Slack, HiBob, etc.
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Main Features
✔ Recognition Tracking ✔ Rewards & Recognition ✔ Points and Rewards ✔ Rewards Programs ✔ Rewards & Incentives | ✔ Employee Programs ✔ Peer-to-Peer Recognition ✔ Manager-to-peer Recognition ✔ Service anniversaries ✔ Gift Card |
Bonusly Pricing
Bonusly offers a 14-day free trial and two pricing plans now:
- The Pro plan at $5/user/month annually (plus cost of rewards), covering automated celebrations, peer-to-peer recognition, customizable incentives, global rewards, advanced analytics & insights, and more.
- The custom plan includes everything in the Pro plan plus support and consultation team, manager resources and training, and custom HRIS integration.
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Top Customers
Jellyfish, Headspace, Workday
Customer Reviews
Pros | Cons |
❌ limited points allocation ❌ limited platform customization |
Kudos
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As a loved employee reward and recognition platform, Kudos allows employees access to a wide range of rewards, promoting a positive workplace culture. Users can curate a catalog of rewards and recognition that reflects their values, brand identity, and team requirements.
Integrations: Slack, Microsoft Teams, BambooHR, etc.
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Main Features
✔ Recognition Tracking ✔ Rewards & Recognition ✔ Points and Rewards ✔ Rewards Programs ✔ Rewards & Incentives | ✔ Employee Programs ✔ Peer-to-Peer Recognition ✔ Manager-to-peer Recognition ✔ Service anniversaries ✔ Gift Card ✔ Al Recognition Assistant |
Kudos Pricing
- Quotation Based
Top Customers
Chewy, SCM, Werner
Customer Reviews
Pros | Cons |
❌ limited point system |
Nectar
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Nectar
Pricing: Subscription, Quotation Based
Features:
✔ Recognition Tracking
✔ Points and Rewards
Nectar focuses on encouraging peer-to-peer and manager-to-employee recognition. It allows everyone to send meaningful recognition based on core values. This employee reward software includes five reward options: direct Amazon integration, a catalog of gift cards, branded company swag, donations to charity, and custom rewards. Nectar has a catalog of gift cards to the most popular brands, stores, and restaurants all over the world.
Integrations: Slack, Microsoft Teams, Rippling, etc.
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Main Features
✔ Recognition Tracking ✔ Rewards & Recognition ✔ Points and Rewards ✔ Rewards Programs ✔ Rewards & Incentives | ✔ Employee Programs ✔ Peer-to-Peer Recognition ✔ Manager-to-peer Recognition ✔ Service anniversaries ✔ Gift Card |
Nectar Pricing
Nectar offers three plans:
- Standard plan: $2.75/user/month billed annually. Includes peer-to-peer recognition, manager-to-employee recognition, incentives & awards, global reward, etc.
- Plus plan: $4.00/user/month billed annually. Includes everything in Standard plus Amazon reward catalog, HRIS & SSO integrations, and more.
- Custom: quotation based. Includes everything in Plus and offline reward cards, the nominations program, and more.
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Top Customers
MLB, Redfin, Heineken
Customer Reviews
Pros | Cons |
❌ high point cost ❌ limited customization options |
AwardCo
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Awardco is one of the leading employee reward and recognition software that partners with Amazon Business. Awardco has the largest reward network with millions of items from Amazon, eGift cards, event tickets, experiences, and hotel reservations,…
Integrations: BambooHR, Microsoft Teams, Asana, etc.
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Main Features
✔ Recognition Tracking ✔ Rewards & Recognition ✔ Points and Rewards ✔ Gift Card ✔ Rewards Programs ✔ Social Recognition ✔ Manager-to-peer Recognition | ✔ Peer-to-Peer Recognition ✔ Birthdays ✔ Service anniversaries ✔ Bulk Recognition ✔ Performance Incentives ✔ Employee Programs |
Awardco Pricing
- Quotation Based
Awardco provides three plans:
- The Core plan offers features like service anniversaries, birthdays, and onboarding.
- The Plus plan includes features in the Core package and adds spot recognition, nominations & incentives, bulk recognition, smart award networks, and custom metadata.
- The Pro plan includes everything in the Plus and advanced capabilities like total rewards, custom programs, and custom catalogs.
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Top Customers
Okta, Zillow, Paramount
Customer Reviews
Pros | Cons |
❌ limited discounted pptions |
Cooleaf
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Cooleaf is a well-known employee reward software for large enterprises. The platform offers automated and customizable work anniversary rewards to enhance retention and celebrate career growth. It tailors rewards programs to incentivize stakeholders and drive performance. Cooleaf empowers HR teams and managers with their own gifting budget. It provides international gift card options, branded merchandise, and high-end products, with popular rewards including gift cards to major retailers like Amazon, Airbnb, Starbucks, eBay, and Nike.
Integrations: Slack, Zapier, Workday, etc.
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Main Features
✔ Recognition Tracking ✔ Rewards & Recognition ✔ Points and Rewards ✔ Rewards Programs ✔ Rewards & Incentives | ✔ Employee Programs ✔ Peer-to-Peer Recognition ✔ Manager-to-peer Recognition ✔ Service anniversaries ✔ Gift Card |
Cooleaf Pricing
- Quotation Based
Top Customers
Shipt, SalesLoft, StateServ
Customer Reviews
Pros | Cons |
❌ limited recognition categories |
Vantage Circle
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Vantage Circle
Pricing: Quotation Based
Features:
✔ Recognition Tracking
✔ Points and Rewards
Vantage Circle is a comprehensive employee engagement and recognition platform. Employees can exchange their reward points for gift cards from over 1,000 brands and shop for products from the Amazon Store. Vantage Circle empowers HR leaders and team leaders to identify, recognize, and reinforce productive behaviors through targeted employee rewards and recognition, data-driven insights, and holistic employee wellness.
Integrations: Slack, BambooHR, Workday, etc.
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Main Features
✔ Recognition Tracking ✔ Rewards & Recognition ✔ Points and Rewards ✔ Rewards Programs ✔ Rewards & Incentives | ✔ Employee Programs ✔ Peer-to-Peer Recognition ✔ Manager-to-peer Recognition ✔ Service anniversaries ✔ Gift Card |
Vantage Circle Pricing
Vantage Circle offers three plans with features:
- Grow: peer-to-peer recognition, nomination-based awards, birthdays and work anniversaries, global redemption options, and more.
- Transform: everything in Grow, plus nomination-based panel awards, budget management, and more.
- Enterprise: everything in Transform, plus team awarding and multi-purpose wallet.
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Top Customers
Subex Limited, ACG, TATA Motors
Customer Reviews
Pros | Cons |
❌ delayed credit of points |
Motivosity
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Motivosity
Pricing: Subscription, Quotation Based
Starts from $4/user billed yearly
Features:
✔ Recognition Tracking
✔ Points and Rewards
Motivosity enables employees to recognize and celebrate the successes of any team member through awards and badges. Additionally, employee nominations and award submissions are made easy with this employee reward software.
Integrations: Paychex, Okta, BambooHR, etc.
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Main Features
✔ Recognition Tracking ✔ Rewards & Recognition ✔ Points and Rewards ✔ Rewards Programs ✔ Rewards & Incentives | ✔ Employee Programs ✔ Peer-to-Peer Recognition ✔ Manager-to-peer Recognition ✔ Service anniversaries ✔ Gift Card |
Motivosity Pricing
Motivosity offers three plans with a minimum annual spend of $3,000:
- The Standard plan includes features such as automated service awards and birthdays, peer appreciation, global rewards, and custom core values.
- The Pro plan includes everything in the Standard plan and incentives, achievements, nomination awards, automated peer-to-peer program, and more.
- The Custom plan offers personalized solutions.
Additionally, the platform offers add-ons like Spaces for simplified communication and community building, Surveys for measuring program impact and employee sentiment, and Meetings for managing 1-on-1s and aligning people with their managers.
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Top Customers
Ivanti, Cotopaxi, Health Catalyst
Customer Reviews
Pros | Cons |
❌ limited customizable options |
Conclusion
Choosing the right employee reward software can change the way your organization recognizes and motivates its workforce. With features like global rewards catalogs, custom recognition programs, and real-time feedback, these tools help build a culture of appreciation and continuous improvement.
Author
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Rajat, a CFA and seasoned SpotSaaS writer, thrives at the intersection of technology and finance. Drawing from his expertise in marketing and product management, he helps users navigate the complex software landscape to find solutions that align with their business goals. By blending his deep understanding of financial decision-making with a passion for emerging technologies, Rajat crafts insightful content that empowers businesses to choose software that drives growth, efficiency, and innovation. His work bridges the gap between technical possibilities and practical business needs, making software selection a strategic advantage for his audience.
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