These organizations are now adopting Lifestyle Spending Accounts (LSAs). Male something with your hands. For the human resources teams that want to shine, here are some impactful employee reward examples that will cater to many preferences: Employee recognition software is a platform designed to build culture, retain talent and measure important intangibles such as employee morale. It’s easy to stumble into the various pitfalls when buying and starting one of these programs. By using our website you consent to the use of cookies, how to update & improve your perks in a recession, Download the Perks Software Buying Graphic, Download our Perks Performance Analysis Report Card, Comparing Perks Software: Everything You Need to Know, Ultimate Guide: Building an Employee Perks Program from Scratch, Perk Allowances & Stipends: What You Need to Know. The most exclusive employee benefits platform for small & medium-sized businesses.  After launch, the system spreads virally throughout the organization as employees start to recognize one another. PERK SOFTWARE. Use this comprehensive list of employee perk vendors, software and products to develop the perfect perk program that your team will absolutely love. Our Employee Perks platform provides your employees easy access to hundreds of premium discounts on gym memberships, travel, theme parks, concerts, wellness products and more. 31% reduction in voluntary turnover Rates, Free demo and free 14 day trial available.Â, They try to negotiate the best price for you and offer to match another offer if you find a better price.Â. Having a high percentage of employees regularly using your employee recognition platform of choice is a one of the main metrics to keep track of, but not the only one. They can do this as they've spent a lot of time negotiating deals with thousands of merchants you can choose from when sending your employees recognition. Kudos’s platform is specifically designed to engage employees through peer to peer recognition, that can also lead to employee rewards. Instead of picking individual perks, consider taking a new approach. In this case, the employer is paying a percentage of their spend on the platform.  This is great because, generally speaking, the more you spend, the more your program is a success. The best employee rewards and recognition programs benefit employees, as well as the people operations teams that use them. We hope this guide will save you hours of research, and allow you to purchase the right solution for your business! The key differentiator for their solution (besides easy setup) is that it is free to use. In fact, 95% of employees engage with Motivosity’s platform on a monthly basis, that is huge! Here is our list: [Here is some additional reading on: how to update & improve your perks in a recession, the steps to addressing burnout (especially helpful for achieving buy-in), and improving mental health.]. Perkbox is an employee experience platform that goes beyond employee engagement. Starts at $2.70 per user/month, billed annually or $3 per user/month, billed monthly. Over 4,000 companies use Gifted to power their rewards and recognition program. It’s also great because it’s usually free to start (outside of implementation fees, if applicable), making pilots very easy. This type of engagement is a strong proof point that they are adding value to the employee experience. You can find out more here in Perkbox’s Great Perk Search or see how the public ranked the top 50 employee benefits, from most to least popular, below: Oops! Perks Amplify your employee experience with perks! In a study we’re publishing later this year we found that while 59% of companies expected their new platform to be easier to use, only 35% actually achieved that benefit. Fond is a SaaS platform that seamlessly consolidates employee rewards and recognition processes into one easy-to-use solution. They have a 99% customer retention rate, which we find very impressive. These are the best 20 best perks and benefits offered by top companies. 5th February 2016 11:56 am 5th April 2017 4:47 pm. This resource will help you upgrade your company's perk-stack. This site uses cookies to remember preferences and improve your experience here. Advertise with PerkSpot in 600+ employee perks programs to reach motivated users. Fastest Growing Rewards & Recognition Platform in America according to the Inc. 5000 list. We’re an all-in-one solution that helps you attract, engage and retain the best talent. Mid to large size companies (100 - 5,000 employees) that want higher employee engagement and lower voluntary turnover. Multilingual. At its core, Preciate is a virtual enterprise social platform that brings distributed businesses closer through technology. Companies in any industry could benefit from one or several of Reward Gateway’s employee engagement tools. These are great team building exercises for anything from a virtual celebration to an in person get together. They’ve been quick to adopt a remote-first approach to team recognition, helping you send gifts to employees, customers, or prospects to their home, for instance. Bonusly has automated bots built in that will reward people for things like anniversaries and birthdays. Our hope is that our vendor shortlists and advice are a powerful supplement to your own research. While some of these may be already implemented in your organization, like generous paternity leave and wellness programs, keep an open-mind for some of the crazy or unusual ones. Motivosity combines employee engagement and performance management with employee rewards to deliver a compelling platform used by companies like Instructure and WorkFront. Businesses that want to show their appreciation through gifts through a free platform. Don't buy employee recognition software without reading our best practices on integration, implementation, ROI calculation, and more. Please note that your employees may very well want some company branded swag as part of their rewards catalogue. Apple, Adidas, Booking.com and more. Everyone from small-to-medium-sized businesses to Fortune 100 enterprises can use Kazoo. Glassdoor’s users have rated Apple’s perk a stellar 4.5 out of 5. Facetime with an old friend. Bonusly is easy to use and setup, comes with a large rewards catalog, and is simply a great peer to peer recognition platform. Many Kudos clients run their recognition programs successfully without needing to spend anything on rewards. Today’s top talent is looking for more than just a maxed-out paycheck — they want roles at companies that enable a certain kind of lifestyle, which is why perks like the ones included in this article are more important than ever. Do your best to add a different employee perk into your mix. To do this, we compiled a list of top 50 employee perks and asked the British working public to pick their favourites. Featured in Forbes, Inc., Ladders, and Yahoo! Read more about Lifestyle Spending Accounts. Are your perks not accomplishing their goals anymore? Below you'll see our list of the top employee rewards and recognition solutions including Bucketlist, Kazoo, Bonusly, RewardGateway, Snappy, and more. Click the button below to let us know and we'll add them to the list! Something went wrong while submitting the form. Buying HR Tech is really hard, here's some tactical advice to help you save money and buy the right solution: Want to be the smartest in the room when it comes to HR Tech?  This three pronged approach allows People teams to use one vendor that seamlessly shares data across all three modules. Here are some guidelines on pricing for these types of employee rewards programs: The second pricing model is the standard per employee per month. Clients with teams that span 250 to thousands of users in practically any country and industry. We describe each of these in greater detail below along with how employee recognition software allows HR teams to build stronger cultures, increase employee engagement, and retain top talent.Â. Improve your workplace culture with Beneplace. We know that engaged employees = a productive, happy company. There are many factors that go into pricing. Used in over 23 industries in 80 countries. Mistro: Vendor marketplace with debit card for perks. 41. news Platforms. Do you know of a perk company that's missing from the list above? We spend hundreds of hours researching the best HR and recruiting software so you don’t have to. This tool is simple for the smallest of companies to get setup with employee recognition, and the price point is extremely hard to beat! Apple’s employees get an annual discount of 25% when they purchase iPods or iPads. Love the perks so much!” – DSW Employee. Blueboard’s platform helps companies of any size create personalized employee recognition and incentive programs that celebrate and elevate their best talent. PerksVilla is a simple employee recognition platform to reward and engage your hard working employees. Exact and personalized figures are provided by the vendor. Your submission has been received! 11th May 2015 12:24 pm 3rd November 2015 4:46 pm. Workvivo's enterprise social network is a great forum for employee recognition across a company. Snappy raised $10 million in Fall of 2018 and is growing fast! Lifeworks is a mobile platform for “total employee wellbeing”, combining employee wellbeing advice, HR and internal communications, fitness challenges, rewards and recognition and perks. Choosing an employee perk and vendor can be a difficult task. Our employee engagement platform helps companies increase employee happiness with recognition, rewards, perks and survey programs to maximize impact. Why us; Company.  In addition to software, they offer consulting services. Fond Perks is a corporate discount platform that provides employees around the world with instant access to discounts on hundreds of popular products and services. Fond: Corporate discounts. Guusto is a simple to setup employee rewards and recognition tool that helps engage your people and inspire great performance. Blueboard is a one-stop-shop to create personalized and meaningful rewards for employees, most in the form of real-life memorable experiences. Above average conversion rates! We have developed a platform where employees of one company can interact with each other from all over the world, connecting different cultures and creating a community while making the most out of our employee benefits. Chances are, implementing an employee rewards and recognition program isn’t the only thing going on in your job. You can spend a lot of time and effort worrying about which perks to offer, for whom, etc. The first is the “market place” model. Some examples of employee rewards and recognition are as follows: Of course there are many more ideas, but these are just a few suggestions to start the conversation.Â. Companies that want their rewards and recognition program to be about meaningful experiences without organizing them themselves. Here’s what we’ve found pricing looks like for for these types of employee rewards platforms: Please note these pricing schemes are general guidelines to help with budgeting and not meant to be hard and fast rules. Hundreds of diverse companies use Blueboard to create impactful moments with ease. Teams that want novel ways of socializing virtually that go beyond Zoom calls, while having employee recognition features within that same platform. Regular feedback is important as if there’s an issue draining the employee experience, you can quickly rectify it. HR, Marketing, Sales, and Support managers that want a novel way of motivating and engaging their employees. And a big part of how they do this is through employee perks. Health Catalyst, Cotopaxi, Health Equity, Instructure, Ivanti. GHD launches employee engagement platform. COVID-19 has made it even more important to engage employees on a regular basis in a way that aligns with company values. This budget does not expire. We give you everything you need to help support the wellbeing of your employees – whether its physical, financial or emotional.  And, they’ve got lots of notes from employees to prove their approach has merit.  Over 1,000 companies use their platform to drive their culture forward. It is easy to use and all of our employees now get extra benefits that make their salaries go even further every day of the year. Reward your team with thousands of exclusive perks, freebies and discounts perkpal gives your team access to big money savers, freebies and lets you reward and recognise brilliant people. Companies that are looking to boost retention and build a stronger culture should check out Guusto. An annual discount of 25 % when they purchase iPods or iPads the rewards and recognition tool that helps your! 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