The Best Employee Recognition Software for 2024 – Top 10 Compared

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The best employee recognition software is a valuable tool for shaping your company’s culture. By integrating with other HR systems, it allows you to track employee engagement, recognize good work, and reward your team.

Choosing the right employee recognition platform is important, as you’ll want one that fits your company’s goals and budget. To help with your search, we’ve reviewed some of the best employee recognition software options out there.

The Best Employee Recognition Platforms for 2024

The Top Employee Recognition Software Reviewed

We based our review on multiple criteria that assess performance, features, third-party reviews, pricing, and more.

1. Nectar – Best for Peer Recognition & Company Reward

Nectar logo

Best For Peer Recognition & Company Reward
Free Trial Demo
Price From Starting from $2.75/user/month billed annually
Top 3 Features Extensive Reward Options, HRIS & SSO Integrations, Multi-language
Why We Picked It

Nectar is an all-around employee recognition platform known for its flexibility in adapting to different company cultures.

We love that team members within your organization can send shoutouts to each other in Nectar’s social feed. Compared to Mo, its reward options are comprehensive and customizable.

Features

Nectar’s extensive reward system allows you to manage your Nectar points as you prefer. Its reward options include direct Amazon integration, a robust catalog of gift cards, branded company swag, charity donations, plus custom rewards you design.

Another fantastic perk of using Nectar is its milestone automation, which helps you avoid errors attached to the manual dating of employees’ anniversaries.

The platform also helps your organization to get more creative in rewarding your employees. It offers a unique feature, allowing you to create challenges for anything, such as health, company training, etc.

Pricing

Nectar’s pricing is flexible to support different business needs. It’s important to note that its pricing structure is annually billed, fostering a long-term commitment.

Plan Annually
Standard $2.75/user/month, billed annually
Plus $4/user/month, billed annually
Custom Quote-based

Nectar’s standard plan features birthday and year of service automation, a real-time activity feed, company incentives and awards, custom core values, Slack integration, mobile access, and more.

However, large organizations may prefer its Plus plan because of its branding, dedicated account managers, HRIS, and SSO integration features.

Who's It Best For?

Nectar is a good fit for team leaders and HR managers who want an easy-to-use and flexible platform that aligns recognition with company values. It is suitable for small businesses to large enterprises that prioritize a strong company culture and employee engagement.

Pros pros

  • User-friendly interface that facilitates easy usage among peers
  • Offers an easy way to boost employees’ morale and desire to participate through its Challenge and Milestones features
  • Facilitates team collaboration and interaction

Cons cons

  • It comes with a minimum monthly charge
  • Not suitable for small businesses with less than 50 employees
  • Lack of free plan or trial
  • Suffers from occasional instability and performance issues

2. Mo – Best for Hybrid Teams

Mo Logo

Best For Globally Distributed Teams
Free Trial Demo
Price From Starting from $2.25/employee/month, billed annually
Top 3 Features Habit-Forming Templates, Multiple Currency Support, Engagement Prompt Automation
Why We Picked It

Mo’s core value is to help companies build and maintain employee recognition, rewards, and engagement habits.

We particularly love its flexibility to support remote, hybrid, or in-office teams to build habits of recognition and connection and ensure everyone feels engaged. Its support for rewarding employees in their local currency makes it a distinct recognition software option.

Features

Review the success of every employee recognition efforts by tracking team activities in real-time. The essence is to quickly understand the impact of different company values and avoid overspending.

It also offers an assistant feature named “Boosts.” Mo’s Boosts empowers HR to create new habits that enable employees to perform and connect better with each other. All you need to do is automate prompts for your teams to share appreciation, wins, learnings, results, and more.

Compared to Nectar, Mo offers multi-currency support, which caters to employee engagement across different locations and helps globally distributed teams with access to reports to simplify tax reporting.

Pricing

Mo has a three-tier pricing option designed to help different businesses. Its features are designed to empower managers and improve employee engagement.

Plan Monthly Annually
Appreciate $2.50/month/employee $2.25/month/employee, billed annually
Engage $5/month/employee $4.50/month/employee, billed annually
Transform Quote-based Quote-based

Mo’s Appreciate plan is suitable for growing businesses that manage local team members. It features 10 habit-forming templates per month, basic reporting, email and help desk support, mobile access, and more. Most global companies prefer the Engage plan because of its advanced features, money-back guarantee, and HRIS integrations.

Mo, like Nectar, provides three pricing options for users based on their company needs. However, Mo’s pricing is a decent alternative because, unlike Nectar, it does not require customers to make long-term annual payments.

Who's It Best For?

Mo is best suited for organizations that have employees across the globe and need a platform to build employee recognition and engagement among their teams. Its higher-tier support for multi-language and multi-currency provides additional tools for managing global organizations.

Pros pros

  • Supports global teams through unlimited currencies and language support
  • Offers comprehensive features to support employee recognition and engagement
  • Habit-forming templates
  • User-friendly layout

Cons cons

  • Limited reward options when compared to Nectar
  • Lack of free plan or trial
  • A limited number of integrations
  • Limited choice of e-card(gift card)

 

3. Awardco – Best for Customizable Incentive Programs

awardco logo

Best For Customizable Incentive Programs
Free Trial Demo
Price From Quote-based
Top 3 Features Service Award & Milestones, Offline Recognition, Lifestyle Spending Accounts
Why We Picked It

We rank Awardco as one of the best employee rewards and recognition software to build a world-class culture. One of its features we appreciate is its MemoryBook for milestone and service anniversary celebrations. You’ll love its automation, which helps you to stay on track with all employees’ service anniversaries, birthdays, onboarding, and more.

Compared to most recognition platforms on our list, Awardco has the most significant reward network and supports a high customization of benefits.

Features

One of Awardco’s standout features is its flexible solutions, which are adaptable to different industries. It offers features that help employees in healthcare, financial services, technology, professional services, government, higher education, and manufacturing.

Awardco’s inclusive feature for offline recognition, “AwardCodes”, caters to all employees, whether they have computer access or not. Once you give employees the AwardCode, they can scan the code and be led directly to their reward platform, with their points automatically deposited into their account.

While Nectar offers a vast network of reward options, Awardco outshines it. Awardco enables you to reward your staff with health benefits through lifestyle spending accounts. With Awardco’s LSA, employees get points on a regular schedule, which they can use to make purchases that fit their needs.

Pricing

Awardco offers three pricing plans, Core, Plus, and Pro, providing enterprise solutions.

Its Core plan caters to small businesses and features service anniversaries, onboarding, birthdays, automation, and dedicated customer support. While its Plus plan offers more advanced features like nominations and incentives, large organizations may prefer its Pro plan because of its custom, full-service rewards & recognition.

Like most of the employee recognition software on our list, Awardco does not offer a free plan or trial but a demo.

Who's It Best For?

Awardco is best suited for teams with around 200 employees and large enterprises. The software is particularly rewarding for companies that need a diverse set of incentives to motivate their employees to be more productive and recognize their peers who do the same.

Pros pros

  • Offers a vast library of customizable incentive programs
  • Supports recognition of employees working off-desk
  • Offers industry-specific solutions
  • Integrates with Amazon Business

Cons cons

  • Lack of price transparency
  • It doesn’t offer a free plan
  • It may be expensive for small businesses
  • Its interface could be more intuitive

 

4. Bonusly – Best for Employee Engagement

Bonusly logo

Best For Employee Engagement
Free Trial 14-day free trial
Price From Starting from $2 per user/month, billed annually
Top 3 Features Employee Analytics, Automated Milestones, Award Flexibility
Why We Picked It

Bonusly is the best employee recognition software for building high-performing team members. It offers employee recognition and feedback solutions that amplify wins, connect teams, and share insights.

One of the highlights of using this software is its flexible recognition modes, such as using images, GIFs, hashtags, and emojis to motivate team members.

Features

Bonusly analytics is an excellent way of accessing real-time data on employee connections to determine who’s disengaged, providing insights on handling the situation.

Another helpful feature is Bonusly’s milestone workflow automation. This feature helps you stay on top of your employees’ special dates, boosting employee recognition and celebration.

Every feature is employee-focused to engage and incentivize their productivity. Bonusly offers a flexible award system, from automated to manual or claimable awards. Your employee can self-nominate incentives or rewards such as digital gift cards, company swag, cash-out options, custom rewards, and donations.

Pricing

Bonusly offers three price plans to support different business preferences.

Plan Annually
Appreciate $2.25/month/employee, billed annually
Engage $4.50/month/employee, billed annually
Transform Quote-based

Although there’s no free forever plan, If you want to experience Bonusly full potential, the provider offers a 14-day free trial.

Who's It Best For?

Bonusly is suitable for startups and mid-sized companies looking for an easy-to-use platform to encourage peer-to-peer recognition and keep employees motivated and engaged.

Pros pros

  • Provides a free trial
  • Easy to use for employees
  • Customizable award options
  • Easy mobile accessibility

Cons cons

  • Basic report dashboard
  • The platform favors active team members over those working behind the scenes.
  • There is a lack of personal statistics to see bonuses received or sent

 

5. Motivosity – Best for in-depth Employee Insights

Motivosity Logo

Best For In-depth Employee Insights
Free Trial Demo
Price From Quote-based
Top 3 Features Employee Insight, Integrations & Open API, Custom Awards and Badges
Why We Picked It

Motivosity goes beyond employee recognition and engagement. It helps you get valuable insight into how your employees feel about their job and your company. With this useful information, you’ll be able to understand your team’s satisfaction and how to make them feel better.

We also love its ThankMatters Card, which allows employees to choose when and how to spend their rewards.

Features

With the Motivosity employee insight tool, you do not have to wait till your team’s annual check-in to understand employees’ sentiments fully. You can use anonymous eNPS (Employee Net Promoter Score) and pulse surveys to gather information and make better-informed decisions to improve employee engagement.

Motivisity also integrates seamlessly with other business applications you use in your organization. Its integrations are categorized into Single Sign On (SSO), HRIS, and Communication.

Its custom awards and badges help you automate your company’s core values and initiatives.

Pricing

Motivosity offers three price options: Standard, Pro, and Custom.

Motivosity Standard plan features automated service awards & birthdays, peer appreciation, global rewards, swag connector, custom core values, desktop & mobile apps, reports & dashboards, integrations, and more. This plan suits businesses that need basic recognition program features to engage their employees.

On the other hand, the Motivosity Pro plan supplements the Standard plan by offering features such as Challenges, incentives, achievements, a dedicated success manager, bulk recognition, custom user groups, etc.

With Motivisity’s $3,000 minimum annual spend, it may not be a good option for a small business. It’s more expensive than competitors like Mo and Nectar.

Who's It Best For?

Motivosity is a good option for businesses that want more in-depth insight into how to develop peer-to-peer recognition and leadership appreciation to help their employees feel valued and connected.

Pros pros

  • It offers employee insight through an anonymized survey
  • It’s customizable
  • Free implementation support
  • It integrates seamlessly with other communication tools

Cons cons

  • It’s expensive compared to other options like Nectar and Bonusly
  • Lack of free plan or trial
  • Its interface may impose a learning curve on new users
  • Frequent reminder pop-ups may invade usability

 

6. Bucketlist Rewards – Best for Gamifying Micro Achievement

Bucketlist Rewards Logo

Best For Gamifying Micro Achievement
Free Trial No
Price From Quote-based
Top 3 Features Achievements, Flexible Recognition, Automated Self-Serve Process
Why We Picked It

If you’re seeking recognition software to help you gamify employee micro achievement, Bucketlist is an excellent option. As an intuitive recognition platform, you can easily automate correlating rewards, such as 100 bonus points for 1-year anniversary or a $50 gift card on birthdays.

Like many other options on our list, Bucketlist helps you easily tie recognition to your core values to celebrate and reinforce desired behaviors among employees.

Features

Employee recognition doesn’t have to be rigid. Bucketlist provides different recognition options for your employees. These include manager-to-report feedback, peer-to-peer shoutouts, and awards.

Bucketlist offers HR tools to motivate employees’ growth, increase engagement, and boost business outcomes.

Another notable feature that comes with the Bucketlist employee achievement is that it can be self-managed. Employees can track progress, report wins, and claim rewards from the app. This saves time for all managers as they only need to approve employees’ achievements.

Pricing

Bucketlist pricing plans are unavailable to the public as they offer custom-based price details. However, you need to speak to an expert to fully understand the features that suit you and the rate.

Just like Awardco, there’s no free plan, but it offers a free demo.

Who's It Best For?

Bucketlist is a good option for businesses needing simple employee recognition software to scale with them. It’s an excellent option for organizations seeking to create memorable experiences that align with individual employee interests, enhancing motivation and engagement.

Pros pros

  • It offers a personalized reward system
  • It’s easy to self-manage for employees
  • Rewards are always made available to access immediately
  • It doesn’t require any advanced training to use it

Cons cons

  • Lack of free plan
  • The price information is not transparent
  • The rewards are expensive, and it takes a while to accumulate points to cash in rewards
  • Its features may be basic for organizations that need advanced features

 

7. ThriveSparrow – Best for Advanced Configurations

ThriveSparrow Logo

Best For Advanced Configurations
Free Trial Yes, 14-day free trial
Price From Starting from $2/month/employee
Top 3 Features AI-powered Personal Development Plan Generation, Recurring Leaderboard Updates, Comprehensive Reports for Employees
Why We Picked It

We consider ThriveSparrow to be the best employee recognition software capable of helping you build a path to your employees’ success and making your organization the best place to work.

All of these are possible with its high customization level, enabling you to tailor everything to your company’s specifications. While we love its advanced configurations, its scalability capability may be a concern for large businesses compared to competitors like Nectar.

Features

One of ThriveSparrow’s notable features is the granularity of its reports. The dashboard is detailed, offering you everything you need to see, from group reports for departments and teams to performance analysis to trends in your organization.

Also, its AI-powered personal development plan helps employees and HR stay on track with personal goals. It also automatically suggests action plans tailored to your persona.

Compared to Bonusly, ThriveSparrow helps every team member stay motivated with its recurring leaderboard updates feature. This ensures real-time updates and displays of employee positions in the company’s recognition and performance metrics.

Pricing

ThriveSparrow offers competitive price plans that are available in three tiers. See the table below for information on its full price.

Plan Monthly Annually
Engage $4/month/employee $3/month/employee
Kudos $3/month/employee $2/month/employee
Performance $5/month/employee $5/month/employee

ThriveSparrow’s popular plan, Kudos, is the cheapest and offers features an organization needs to reward their employees’ successes. Its features include fully customizable kudos cards, redeemable rewards, admin reports, recurring leadership updates, and more. This plan is suitable mainly for businesses of any size.

ThriveSparrow’s pricing plans are differentiated into engagement, reward, and performance. Businesses might need to buy all plans for comprehensive employee management, which could be more expensive than Nectar. However, with its 14-day free trial, you can see how each feature may benefit your organization.

Who's It Best For?

ThriveSparrow is suitable for organizations seeking custom, stand-alone features to manage rewarding, engaging, or evaluating employee performance. With ThriveSparrow’s price plan, such an organization can pay for a specific feature they need.

Pros pros

  • Highly customizable
  • Provides real-time feedback
  • Robust analytics
  • Simple interface, facilitating easy navigation

Cons cons

  • There is no free forever plan
  • Limited integrations
  • Low level of scalability
  • It may be an expensive option for businesses that need a comprehensive employee recognition platform

 

8. Lattice – Best for Goals and OKRs Tracking

Lattice Logo

Best For Goals and OKRs Tracking
Free Trial Demo
Price From Starting from $4/user/month
Top 3 Features Automated Pulse Surveys, Viewing Previous Compensation Cycles, Interactive Training & Courses
Why We Picked It

Lattice helps businesses achieve accelerated growth by connecting each employee’s achievement to their organizational success. With this platform, you can choose between sending praise privately or publicly, even as you connect company values to your messages. One of its distinct features is its integration with Jira and Salesforce for progress tracking.

Features

While Motivosity offers employee insights through research, Lattice takes it further. Its automated pulse survey ensures that surveys are sent out regularly without manual intervention, making it easy for HR teams to track trends over time and respond promptly to emerging issues.

We also love its historical overview of previous compensation cycles, which facilitates transparency and consistency.

Lattice offers interactive training & courses to establish continuous employee learning and development. With this feature, employees can develop their skills to boost their personal growth and the overall company success.

Pricing

Lattice’s pricing plan is similar to that of ThriveSparrow, which is feature-based. Its price plans are in four tiers to cater to different employee recognition methods.

Plan Pricing
Performance Management + OKRs & Goals $11/user/month
Engagement $4/user/month
Grow $4/user/month
Compensation $6/user/month

Lattice’s Engagement plan may suffice for businesses seeking ways to engage their employees. It features employee engagement surveys, automated pulse surveys, eNPS, onboarding and exit surveys, engagement reporting, etc.

Lattice price plans are affordable for businesses needing employee engagement or compensation. There’s no free plan, but it allows users to test its functionalities through its free demo.

Who's It Best For?

Lattice is suitable for organizations that need more than an employee recognition platform. Its features provide businesses with a dashboard to track the company’s goals and OKRs while evaluating performance.

Pros pros

  • Offers helpful automation in managing employees
  • Its customer support is excellent
  • Fosters transparency of company goals
  • Helpful webinars

Cons cons

  • It does not offer a free plan
  • HRIS integration is only available on its Compensation plan
  • Beginners may find it challenging to navigate the software

 

9. Assembly – Best for Multiple Engagement Initiatives

Assembly-logo

Best For Multiple Engagement Initiatives
Free Trial Demo
Price From Starting from $2/user/month, billed annually
Top 3 Features Anonymous Suggestion Box, Global Enterprise Search, Information Collections
Why We Picked It

Assembly is an excellent employee recognition platform that helps different businesses maximize employee engagement using an employee-focused approach. Also, it offers different recognition types, including monetary rewards, badges, and peer-to-peer recognition, to cater to employee preferences.

From announcements and collecting employee feedback to contests and employee nominations, you can customize the reward system you need to build a culture where people will want to stay.

Features

With Assembly’s anonymous suggestion box, employees can share honest feedback, ideas, and concerns without revealing their identities. This fosters an open communication environment where everyone feels safe to share their thoughts.

Also, its global enterprise search enables users to quickly search across Assembly and other connected tools. This speeds up locating information, documents, and resources across the entire organization, ensuring that critical data is always accessible.

For organizations offering information hubs to employees, Assembly provides an information collection. It is a structured way to organize and share knowledge on various topics, creating a centralized repository for continuous learning within your organization.

Pricing

Asembly’s pricing options are in four tiers to help businesses choose based on their needs.

Plan Monthly Annually
Recognition $3/user/month $2/user/month, billed annually
Engagement $5/user/month $4/user/month, billed annually
Digital HQ $7/user/month $6/user/month, billed annually
Custom Custom Custom

Assembly’s Engagement plan is the most popular, and it’s good enough to support businesses of any size. Its features include recognition, rewards, celebration automation, surveys, suggestion boxes, template libraries, etc.

Who's It Best For?

Assembly is suitable for organizations that need a customizable employee recognition platform. We recommend it for businesses that want to build a strong reward and collaboration culture and make everyone happier.

Pros pros

  • It’s easily customizable to align with company culture
  • Easy to set up
  • Good customer support
  • Affordable pricing options

Cons cons

  • No free plan
  • Users need to create accounts before others can send them coins, limiting the flow of engagement
  • Limited advanced features

 

10. Cooleaf- Best for Developing a Recognition Strategy

Cooleaf Logo

Best For Developing a Recognition Strategy
Free Trial Demo
Price From Quote-based
Top 3 Features Performance Initiatives, Community-Building challenges, Employee Programs
Why We Picked It

Cooleaf made it to our list because of its focus on helping businesses develop tailored strategies to reward and motivate their employees. It also offers data-minded and engagement experts as its customer success team to guide and onboard businesses. With this, you can work with experts to set team goals, implement cultural change, and track success.

Features

Cooleaf helps you design an employee incentive plan to celebrate wins and drive key behaviors in sales, customer service, and more. By focusing on rewarding your employees, you can quickly grow specific business goals and KPIs with a custom performance incentive strategy.

Community building is critical to facilitating employee interaction. Cooleafs integrates with your existing business tools like Slack and MS Teams to boost participation and drive a culture of appreciation.

Cooleaf offers a learning platform where employees can upskill to adjust to your company’s standard. You can also host challenges on Cooleaf and reward employees, all in one place. Cooleaf includes health and mental health challenges to encourage employees’ well-being.

Pricing

Cooleaf’s accurate pricing information is available on request. There is no free plan, but you may get a free demo by providing your information on its website.

Who's It Best For?

Cooleaf is an ideal solution for HR professionals and managers who want a customized strategy to drive performance and foster a positive workplace culture. It’s also suitable for organizations prioritizing employees’ wellness, as Cooleaf aligns recognition with health and wellness initiatives.

Pros pros

  • Offers a great variety of reward options
  • Offers expert customer success to guide users
  • Facilitates community building
  • Offers customized strategy to support different company’s culture

Cons cons

  • Lack of price plan transparency
  • There is no free forever plan
  • Some users expressed dissatisfaction with its mobile app
  • Confusing page layout

 

Best Employee Recognition Platforms: Comparison Chart

The comparison table below highlights the key differences among the best employee recognition software, making it easier to identify the ideal option for your specific needs:

Platform Best For Free Trial Starting Price Top Features
Nectar Peer Recognition & Company reward Demo $2.75/user/month billed annually Extensive Reward Options, HRIS & SSO Integrations, Multi-language
Mo Globally Distributed Teams Demo $2.25/user/month, billed annually Habit-Forming Templates, Multiple Currency Support, Engagement Prompt Automation
Awardco Customizable Incentive Programs Demo Upon Request Industry-Specific Features, Offline Recognition, Lifestyle Spending Accounts
Bonusly Employee Engagement 14-day free trial $2/user/month, billed annually Employee Analytics, Automated Milestones, Award Flexibility
Motivosity In-depth Employee Insights Demo Upon Request Employee Insight, Integrations & Open API, Custom Awards and Badges
Bucketlist Rewards Gamifying Micro Achievement No Upon Request Achievements, Flexible Recognition, Automated Self-Serve Process
ThriveSparrow Advanced Configurations Yes, 14-day free trial $2/user/monthly AI-Powered Personal Development Plan Generation, Recurring Leaderboard Updates, Comprehensive Reports for Employees
Lattice Goals and OKRs Tracking Demo $4/user/monthly Automated Pulse Surveys, Viewing Previous Compensation Cycles, Interactive Training & Courses
Assembly Multiple Engagement Initiatives Demo $2/user/month, billed annually Anonymous Suggestion Box, Global Enterprise Search, Information Collections
Cooleaf Developing a Recognition Strategy Demo Upon Request Performance Initiatives, Community-Building challenges, Employee Programs
Guusto Flexible Reward Options Yes Upon Request Simple Employee Recognition, Flexible Rewards,? Flexible Delivery for Deskless Workers
Leapsome Instant Feedback Demo Upon Request Positive Meeting Culture, Compensation, Cross-Cycle Analytics
ClearCompany Talent Management Demo Upon Request Applicant Tracking System, Talent Maximization, Workforce Planning
Workvivo Simplified Communication Demo Upon Request External Contributor Login, Document Manager, Productivity and HR integrations
Kudos Inclusion and Belonging Demo Upon Request Comprehensive Engagement, AI Assistant, Group eCards
Vantage Circle Employee Productive Behaviors Demo Upon Request Budget Management, Nomination -Based Panel Awards, Multi-Purpose Wallet
Xoxoday Plum Bulky Rewards Management Demo Upon Request Instant Rewards, Reward Codes, Flexible Denomination
Empuls All-in-one Employee Experience Pack Demo $1 Lifecycle Rewards, HRMS Integration Setup, Compliance
Achievers Celebrating Employee Milestone Demo Upon Request Modernize Awards, Connections via Virtual Chats, Talent Retention
Recognize Custom Development No $3,999/year Point-Based Budgeting, Customize Text & Emails, Recognition Delegation
Workmates Streamlining Company Communication Demo $2/user/month Paid annually Customizable Channels, Company Announcements, Employee Intranet
SnackNation Rewarding Employees With Personalized Gift Boxes No $16 Supports Personal Touch, Facilitates Employees’ Social Cause, Group eCards
Workhuman Social Recognition No Upon Request Global Rewards, Community Celebrations, Team Awards
Know Your Team Thoughtful Leadership Training Yes $49/month billed annually (save 25%) Personalized Live Training, Monthly Workshop Events, Daily Leadership Tips
Methodology

How We Review And Test HR Products

To provide our readers with accurate and well-informed recommendations, we test the most popular HR products on the market to find the best options for you. Our methodology consists of the following criteria:

  • Features: We examine each product’s features to determine what capabilities are offered, and how well it performs crucial HR management tasks, such as tracking a sick leave.
  • Integrations: We evaluate the integrations of each piece of HR software to determine how well it fits in with other key pieces in a business’s software stack, and whether its functionality can be expanded as required.
  • User Experience: Usability is paramount when it comes to HR software. That’s why we put ourselves in the shoes of a new user, testing each platform to gain a firsthand understanding if the platform is easy to use or requires onboarding.
  • Price and Value for Money: Our approach to pricing involves a thorough review of the structure and plans offered by each platform. Beyond just the initial cost, we delve into the details to assess affordability and value for money.
  • Security: We dig into the security policies of each company, interrogating the safeguards they have in place to ensure the software protects user data properly.
  • Compliance: A critical requirement for most HR departments, we assess HR software on whether it offers local compliance when it comes to payroll, taxes, and more.
  • Reporting and Documentation: We look at the reporting and documentation capabilities of each software to make sure they offer comprehensive data sets, takeaways, and collaboration options for documentation.

What is an Employee Recognition Platform?

Employee recognition platform is a digital tool that provides businesses with everything they need to reward and motivate their employees. These platforms help companies to make their employees feel better about their jobs.

The recognition platform is for any organization or business that works with people to get jobs done. Because employee motivation can directly impact an organization’s performance, businesses now prioritize their employee well-being.

With employee software, HR and employees will have access to the platform to acknowledge each other’s performance, contribution, and success. It’s also a way of building the company’s value with employees’ personal goals. As businesses reward their employees, they can easily tie company core values to a challenge, helping to reinforce desired behaviors.

Main Benefits of Employee Recognition Platforms

Employee recognition is critical to an organization’s performance, as it is a valuable tool to improve morale and engage workers. Below are the benefits of employee recognition platforms.

  1. Employee Performance Management: Managers do not have to wait for annual check-ins to understand employees’ feelings about their jobs. With the help of an employee recognition platform, businesses can quickly understand employee engagement across different groups.
  2. Strong Workplace Culture: Employee recognition software helps build a positive and supportive work environment. Through team collaboration and individual assignments, you can promote togetherness and a sense of community among employees.
  3. Improved Motivation: As organizations identify and reward performing employees, employees will be motivated to maintain high performance.
  4. Increased Productivity: When employees feel motivated about their jobs, they are more likely to perform better at their jobs, resulting in higher overall productivity.
  5. Increased Retention Rate: Recognized employees are more likely to feel valued and stay with an organization longer, reducing turnover costs. Employees who feel satisfied about their jobs are less likely to leave them.

How Much Does Employee Recognition Software Cost?

The cost of employee recognition software varies depending on its capabilities and your business’s needs. However, a basic subscription alone will cost between $2 and $11/month/user.

A typical employee recognition platform usually includes basic features like peer-to-peer recognition, performance tracking, reporting and analytics, and basic integration with work tools. As an extra, it may consist of advanced analytics and reporting, customizable reward options, integration with other HR systems, premium support services, company branding, and global team members’ support.

For advanced employee recognition software, you may spend up to $20/user/month on a subscription outside the reward budget. If you are seeking an affordable option, ThriveSparrow and Assembly are good options to consider.

Main Features of Employee Recognition Software

Employee recognition software should include features that will help maximize engagement and boost productivity. These features include:

  • Customizable Rewards: Employee recognition software should include flexible reward options that allow employees to personalize their rewards.
  • Performance Reporting: A dashboard should show employees’ performance scores or trends across different team members.
  • Integration: The recognition software must integrate with existing business tools to facilitate easy data management and accurate metrics tracking.
  • Peer-to-peer Recognition: It should provide tools for employees to recognize and appreciate each other’s contributions, fostering a supportive and collaborative environment.
  • Company Core Value Development: Employee software should help businesses highlight and build their company core values.
  • Good Customer Support: Customer support is essential because you may need help whenever you encounter technical issues.

Trends in Employee Recognition Platforms for 2024

Many businesses are choosing the best employee recognition based on trends to keep employees motivated. This is because human behavior and business modalities are always changing. Below are popular trends in employee recognition platforms:

Gamification: This is about making recognition fun and exciting, using systems like points, badges, and leaderboards.
Customizable reward plans/recognition programs: Businesses need a tool to tailor reward or challenge systems to their unique brand value.
More advanced analytics: HR or managers should be able to access the overall employee engagement from a detailed dashboard quickly.
Frequent recognition: Many businesses are seeking recognition features that support smaller, everyday wins that contribute to overall success.
Peer-to-peer recognition: Peer recognition is relevant as it builds teamwork, strong community, and collaboration.
Eco-friendly reward system: Employees constantly seek ways to contribute to society. Employee recognition software should allow employees to use their reward system to support social causes.

How to Choose the Best Employee Recognition Software

When choosing an employee recognition software, you need to consider pricing, your budget, business needs, and more. Below are critical factors to consider when choosing an employee recognition software:

BudgetEase of UseCompatibilityKey FeaturesScalabilityCustomer Support
Evaluate the recognition software’s pricing plans. Also, consider your budget and the feature-to-price value.
A user-friendly interface and intuitive design can significantly reduce the time and effort required to train employees and streamline daily operations. Ensure that setting up the software doesn’t impose extra spending on training for your business.
Choosing an employee recognition software that is easily accessible via mobile devices is important. Also, ensure the mobile app feature isn’t restricted to higher-tier plans.
Understand and compare your business’ features to the available software. Also, ensure you understand your budget for critical features, as some advanced features may be restricted to higher-tier plans.
Choosing software that can grow with your business is essential. Evaluate the cost and availability of additional functionality as your business grows. Ensure that the recognition software can scale with your needs without significantly increasing your expenses.
Evaluate the quality and availability of the software customer support. Consider factors such as support hours, communication channels, and user reviews to ensure you’ll have the assistance you need when it’s required.

FAQs

What is the best recognition for employees?

What is an employee recognition program policy?

Are there different types of employee recognition platforms?

Do employee recognition programs work?

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Why is employee recognition software important?

John Iwuozor
Tech Writer
John Iwuozor
Tech Writer

John Iwuozor is a writer at Techopedia with over three years of experience and expertise covering topics on HR, business software, IT security, and finance for small and medium-sized businesses. His work has been featured on reputable platforms like Forbes Advisor and EsecurityPlanet. Leveraging his background in mathematics and data analysis, he specializes in delivering original and high-quality content with a keen eye for detail and accuracy.

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