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Best Employee Rewards Platform in India 2024

Published on 5 January 2024

In workplaces where employees receive recognition for their contributions, there tends to be a boost in both happiness and productivity. It goes beyond the occasional “happy birthday” or “work anniversary” messages, although these are undoubtedly significant. Leveraging my HR expertise, I’ve thoroughly reviewed and curated a list of the finest employee reward platforms. These tools are designed to honor employee achievements and cultivate a culture of acknowledgment within your workplace.

Table of Contents

Best Employee Rewards Platform List

Nectar
ShakePe
Mo
Kudos
Bonusly
Workvivo
Cooleaf
Motivosity
Awardco
WorkTango

1. Nectar

Nectar — The premier platform for employee recognition and rewards, Nectar, stands out as an effective tool for bolstering employee retention. Tailored to enhance the sense of value, connection, and engagement among team members, Nectar is particularly well-suited for small to medium-sized businesses with a workforce ranging from 50 to 500 employees. This platform facilitates the acknowledgment of outstanding work, allowing users to allocate points that can be later redeemed for a variety of enticing rewards.

2. ShakePe

ShakePe provides an engaging employee rewards platform that amplifies recognition and supports a stronger company culture. ShakePe platform offers seamless automation for rewards and recognition programs, presenting an extensive array of choices, including popular brands such as Amazon, Flipkart, Myntra, MakeMyTrip, Zomato, and Lifestyle. ShakePe has gained the trust of several notable companies, including SBI, Oppo, Nayara Energy, and OnePlus. This endorsement underscores the platform’s effectiveness in consistently recognizing and rewarding exceptional work across diverse industries.

Companies, taking on the role of the rewarders, have the flexibility to opt for rewards in the form of either reward links or points.What sets ShakePe apart is its unique feature allowing individual employees to choose vouchers based on their preferences, instilling a sense of empowerment and personalized appreciation. This standout feature emphasizes empowering individual employees, providing them the freedom to choose the brand of vouchers based on their personal preferences. This not only acknowledges their efforts but also fosters a motivational environment.

3. Mo

Mo — The top employee recognition and rewards platform for hybrid teams is Mo. It’s one of the most engaging apps I’ve tested. If you’re seeking a fun way to motivate your team members and celebrate their wins, Mo could be the ideal app for you. With its bright, colorful interface and friendly, inclusive language, it creates a joyful environment for giving recognition.

Mo’s features are specifically designed to help teams develop habits around giving and receiving recognition. The “Boosts” feature provides automated prompts for discussions or celebrations, while managers can stay engaged with helpful reminders on their dashboard.

4. Kudos

Kudos provides an engaging employee rewards platform that enhances recognition and reinforces a stronger company culture. A standout feature is its customizable online storefront, allowing employees to redeem their points. The catalog is diverse, offering popular rewards such as gift cards, merchandise, charitable donations, travel experiences, and company swag. Adding to its flexibility, the platform allows for easy incorporation of custom rewards, tailoring the experience to align with employees’ preferences.

5. Bonusly

Bonusly stands out as the best recognition platform for incentivizing high-performing teams. It is intentionally designed to be a fun and personal recognition and rewards program, aimed at enriching company culture and enhancing employee engagement.

6. Workvivo

Workvivo is the ideal choice for strengthening corporate culture and fostering a positive work environment. As an employee experience platform (EXP), Workvivo simplifies internal communication and actively drives engagement. Tailored for the digital-first workplace, the platform’s core purpose is to engage and emotionally connect people by ensuring everyone has a voice. Workvivo’s EXP effectively brings company culture to life in the digital realm, ensuring that everyone feels included, appreciated, and engaged, regardless of their location.

7. Cooleaf

Cooleaf stands out as the best choice for developing a recognition strategy and fostering a culture of appreciation. As a top-rated employee recognition platform, Cooleaf comes equipped with powerful features specifically designed to assist companies in recognizing and encouraging their employees to deliver their best work.

Cooleaf offers a robust set of features, including performance monitoring, analytics dashboards, pulse surveys, employee programs, integrations, and a wide array of gift and reward options.

8. Motivosity

For regular employee motivation, consider Motivosity. Its user-friendly interface facilitates colleagues congratulating and encouraging each other on a live social feed. The platform even allows attaching monetary encouragement to employees recognized for their outstanding efforts. Motivosity includes a milestone tracker for service awards, performance management tools, awards and badges, and spot bonuses. Notably, Fujifilm is among the companies utilizing Motivosity.

9. Awardco

Awardco’s notable USP lies in its seamless integration with Amazon Business, offering a wide range of employee rewards. From hotels, tickets, and company swag stores to gift cards and charitable donations, this employee recognition tool brings the best of Amazon to your employees, creating an air of excitement. Noteworthy companies utilizing Awardco include Cornell University and Amazon.

10. WorkTango

WorkTango is a straightforward and user-friendly recognition platform designed to help companies foster highly-engaged teams and create workplaces where employees feel inspired and happy.

The platform allows for the creation of personal, departmental, or company-wide goals, with the ability to reward employees as they achieve these objectives. Some standout features of WorkTango include a comprehensive catalog of products and rewards for employees to choose from, a social activity feed, and insightful reporting capabilities.

Choosing the Best Employee Reward Platform

Selecting the appropriate employee rewards and recognition platform is crucial for making your employees feel valued and appreciated. You’ve explored 10 of the best platforms available for immediate use.

However, as you make your decision, it’s essential to consider that the chosen platform should: