#1 Guide to Building a Rewards System in 2024 [10 Programs]

Building an effective rewards system is essential for driving employee engagement and satisfaction in today's competitive business landscape. As companies look for innovative ways to motivate their teams, performance management tools play a crucial role in aligning rewards with organizational goals. Implementing appropriate employee rewards enhances morale and cultivates a healthy workplace atmosphere in which employees feel esteemed and acknowledged for their achievements.

This guide explores the importance of designing a comprehensive reward system catering to monetary and non-monetary incentives. We'll also dive into the top programs available in 2024, providing insight into how companies can create tailored reward strategies that enhance employee performance and contribute to long-term business success.

What is a rewards system?

A rewards system is a systematic method companies employ to acknowledge and compensate employees for their contributions, accomplishments, and performance. These systems are designed to boost employee morale, motivation, and engagement by offering tangible and intangible rewards. By linking rewards to specific behaviors or outcomes, companies can cultivate a constructive work atmosphere that motivates people to exceed expectations and fit with corporate objectives.

Rewards systems come in various forms, including monetary rewards like bonuses or salary increases and non-monetary rewards such as social recognition, professional development opportunities, or flexible work arrangements. Each type of reward impacts employees, making it essential for organizations to strategically plan and implement a system that resonates with their workforce.

The most effective employee reward systems are those that offer a balance between recognition, incentives, and opportunities for growth, ensuring that employees perceive themselves as valued and are driven to contribute to the company's success.

Why is a rewards system important for employees?

A well-designed rewards system plays a vital role in enhancing employee engagement, satisfaction, and overall performance. Employees who perceive appreciation are more inclined to exhibit motivation, productivity, and loyalty to the company. By acknowledging their contributions through an employee reward system, companies foster a culture of recognition, which directly influences both individual and organizational success.

One of the key benefits of a rewards system is its ability to improve employee retention. Consistent recognition and rewards for employees' accomplishments foster a heightened sense of belonging, reducing their propensity to pursue external options. Furthermore, linking rewards to specific achievements and behaviors can drive employees to excel in their roles, ultimately boosting overall performance.

Beyond retention and motivation, reward systems can also considerably influence fostering a constructive workplace culture. Employees who feel valued tend to collaborate more effectively, contribute to team success, and create a supportive and inclusive environment. Whether through monetary or non-monetary rewards, an appropriate method can cultivate loyalty and contentment that advantages both the individual and the company.

Pros and cons of a rewards system

Implementing a rewards system offers several advantages for both employees and organizations, but it's important to recognize potential challenges to ensure the system is effective. Here are some key pros and cons of a rewards system:

Pros of a rewards system:

• Boosts employee engagement: A well-structured employee reward system enhances engagement by recognizing and rewarding employees for their contributions, fostering motivation and enthusiasm.
• Increases employee retention: Offering rewards, whether monetary or non-monetary, helps retain top talent by making employees feel valued and appreciated, reducing turnover.
• Encourages desired behaviors: Linking rewards to specific outcomes or behaviors can drive employees to achieve specific goals aligned with the company's mission, boosting performance across the organization.
• Improves morale and satisfaction: By creating a culture of recognition, a rewards system can boost overall job satisfaction and improve workplace morale, leading to a more positive work environment.

Cons of a rewards system:

• Risk of favoritism: If not implemented carefully, a rewards system can lead to perceptions of favoritism, where certain employees receive more recognition than others, causing discontent.
• Over-reliance on monetary rewards: Focusing too heavily on monetary rewards like bonuses can sometimes overshadow the importance of intrinsic motivation, such as professional growth or social recognition.
• Cost considerations: Implementing a robust rewards program may require significant financial investment, especially for small businesses that balance rewards with profitability.
• Potential for reduced intrinsic motivation: If employees begin to expect rewards for every task, it may diminish their intrinsic motivation to contribute, as they may rely solely on external incentives.

Understanding the pros and cons of employee rewards systems helps organizations build a balanced approach, ensuring the rewards are meaningful, fair, and aligned with the company's long-term goals.

Rewards system statistics

An effective rewards system is crucial for fostering employee engagement, motivation, and retention. By providing recognition, companies boost morale and align employee behaviors with organizational goals, leading to long-term success. A well-structured system that incorporates monetary and non-monetary rewards ensures employees feel valued for their contributions. Recognizing and rewarding employees regularly encourages them to go above and beyond in their roles, creating a positive workplace culture that ultimately enhances business performance.

Presented below are notable statistics that underscore the significance of a reward system:

1. Employee engagement boost: Organizations with robust employee recognition and rewards programs see up to 20% higher engagement.
2. Reduction in turnover: Companies that prioritize recognition experience 31% lower voluntary turnover.
3. Impact on motivation: Employees who receive consistent appreciation are 2.7 times more likely to be engaged.
4. Performance increase: Well-designed rewards systems can drive an 11% increase in average employee performance.

These statistics reinforce the critical role that reward systems play in building a motivated, engaged, and high-performing workforce.

Trends in 2024 for a rewards system

As businesses adapt to the evolving workforce landscape, new employee reward system trends are emerging in 2024. A significant trend is the transition towards increasingly tailored and adaptable rewards. Companies are moving away from one-size-fits-all approaches and instead offering tailored rewards programs that cater to individual preferences, such as wellness programs, flexible work arrangements, and professional development opportunities​.

Another growing trend is integrating reward systems with technology, making recognition easier and more immediate. Many companies use AI-driven platforms to automate recognition and link rewards with performance management tools, helping managers track and recognize employee achievements in real-time. This trend enhances the efficiency of rewards programs, ensuring that employees receive timely recognition​.

Moreover, organizations are focusing more on non-monetary rewards to foster intrinsic motivation. These include public recognition, opportunities for skill development, and experiences that align with employees' values and career goals. These changes reflect a broader movement towards creating a more meaningful and engaging work environment that goes beyond traditional cash bonuses​.

These findings suggest that businesses are progressively emphasizing a comprehensive strategy for employee rewards, with an emphasis on flexibility, personalization, and the use of technology to drive engagement and retention.

Strategies and ideas to build a rewards system

Designing an effective rewards system requires careful planning and alignment with company values and goals. Here are some strategies and ideas to build a rewards system that truly motivates and engages employees:

1. Personalize the rewards: One size doesn't fit all when it comes to employee recognition. Offering a mix of monetary rewards like bonuses and non-monetary rewards, such as professional development opportunities, creates a system that caters to the diverse needs of your workforce. Understanding what motivates each employee will help you tailor rewards that resonate with them​.
2. Integrate with technology: Use performance management tools that enable real-time recognition and tracking of employee achievements. This helps ensure that rewards are tied to measurable outcomes, creating a transparent and fair system. AI-driven platforms and integration with communication tools like Slack can automate the process of recognizing achievements, making it more efficient and timely​.
3. Link rewards to company values: Ensure that the rewards system reinforces behaviors and outcomes that align with your organizational values. By rewarding employees who embody the company's mission and goals, you foster a culture where everyone understands and strives toward the same objectives.
4. Offer flexibility: Give employees options to choose their rewards. Whether it's through wellness programs, skill development opportunities, or flexible work arrangements, allowing employees to select their rewards creates a sense of ownership and increases their satisfaction with the program.
5. Encourage peer-to-peer recognition: Incorporate social recognition in your rewards system by encouraging employees to acknowledge each other's contributions. In addition to enhancing morale, peer recognition also promotes a positive work environment and fortifies team dynamics.

By adopting these strategies, businesses can build a rewards system that boosts employee motivation, enhances engagement, and aligns with both employee expectations and company objectives.

Important metrics for a rewards system to measure impact

To ensure that a rewards system is effective, companies must track key metrics that provide insights into its impact on employee engagement, performance, and retention. Measuring the success of a rewards program helps organizations refine their approach and optimize outcomes. Here are some important metrics to consider:

1. Employee engagement scores: Use surveys or performance management tools to track engagement levels before and after implementing the rewards system. Higher engagement often correlates with better morale and productivity, signaling that the rewards system is positively impacting​.
2. Retention rates: Measure changes in employee turnover rates after launching a rewards program. A decreased voluntary turnover indicates that employees feel more appreciated and valued, leading to longer tenures​.
3. Participation rates: Track how often employees participate in the rewards system, such as how frequently they give or receive recognition. Low participation may suggest that the system needs to be adjusted for better accessibility or relevance to employees' needs​.
4. Performance improvements: Monitor how the rewards system impacts individual and team performance. Look for increases in productivity, goal attainment, and overall employee contributions, as these improvements often reflect the system's effectiveness​.
5. Employee satisfaction with rewards: Conduct surveys to gather feedback on the rewards offered and whether they meet employee expectations. High satisfaction rates indicate that the rewards are meaningful and motivational.
6. Return on investment (ROI): Calculate the financial impact of the rewards system by comparing the costs of the program to its benefits, such as enhanced employee engagement, increased productivity, and reduced turnover. A positive ROI shows that the program is contributing to the company's bottom line.

By tracking these key metrics, organizations can ensure that their rewards system drives the desired outcomes and make data-driven adjustments to improve effectiveness.

10 best employee rewards systems

1. Matter

About Matter: Matter is a powerful platform designed to enhance peer-to-peer recognition, providing businesses with tools to create a culture of continuous feedback. Integrated with Slack and Microsoft Teams, Matter encourages employees to share kudos and celebrate each other's contributions in real time. Its focus on reinforcing company values and improving engagement through personalized recognition makes it suitable for organizations of any size. Matter also automates routine processes like celebrating work anniversaries and birthdays, freeing up time for HR teams.

Matter's flexibility and ease of use make it a favorite among both small teams and large enterprises. The platform helps companies drive employee engagement by fostering a recognition-rich environment, contributing to better morale and productivity. Tools like Matter Coins for redeemable rewards and real-time feedback through pulse surveys offer a comprehensive strategy for performance management and employee engagement.

Matter main features:

• Kudos and recognition: Real-time peer-to-peer recognition with customizable kudos templates.
• Matter Coins: Redeemable coins for gift cards, donations, and company-branded rewards.
• Celebrations: Automated reminders for birthdays, work anniversaries, and achievements.
• Surveys and feedback: Pulse surveys and eNPS integrated within Slack/Teams to gather real-time insights.
• Analytics: Advanced reporting tools to track engagement, recognition trends, and performance.

Matter pricing:

• Free Forever: $0/user/month
• Basic: $1/user/month, billed annually
• Pro: $3/user/month, billed annually
• Pro + Surveys: $5/user/month, billed annually

For more information, please visit the Matter pricing page.

Matter G2 score: Matter holds a G2 score of 4.7/5 based on user reviews.

Notable Matter customers: Sephora, Petco, Shell, Siemens, JiffyLube, Microsoft, SXSW, Bolt, True Classic, and Carrier.​

What Matter customers are saying on G2: "I love how easy it is for employees to recognize each other with kudos. Matter has boosted morale, increased employee engagement, and it's now a strong presence in our company culture." - Michael Margolese, Senior Human Resources Manager at Trend Hunter.

2. Vantage Circle

About Vantage Circle: Vantage Circle is a comprehensive global employee engagement platform that focuses on driving holistic employee engagement through its four main products: Vantage Rewards (recognition and rewards), Vantage Perks (corporate discounts), Vantage Fit (employee wellness), and Vantage Pulse (employee feedback). It uses AI-driven technology to streamline the employee recognition process, enabling companies to foster a culture of continuous recognition and feedback. With a global catalog of rewards and seamless integration options, Vantage Circle serves organizations of all sizes across industries, helping them boost employee morale and engagement.

Vantage Circle main features:

• Vantage Rewards: A points-based recognition system with peer-to-peer recognition, social recognition, and instant approvals.
• Global rewards catalog: Employees can redeem rewards from over 10 million products, gift cards, and experiences.
• Vantage Perks: Offers employees corporate discounts and cashback deals from top global brands.
• Vantage Fit: A gamified wellness platform with fitness challenges and health incentives.
• Integration: Supports integrations with tools like Slack, Microsoft Teams, SAP SuccessFactors, and Workday for seamless recognition and engagement​.

Vantage Circle pricing:

• Request a demo for pricing. A singular setup cost is applicable to all plans.
• Grow
• Transform
• Enterprise

For more information, please visit the Vantage Circle pricing page.

Vantage Circle G2 score: Vantage Circle holds a G2 score of 4.7/5 based on user reviews.

Notable Vantage Circle customers: Wells Fargo, Bosch, DHL, Infosys, Wipro, ACG, Landmark Group, and Blue Star.

What Vantage Circle customers are saying on G2: "I like to get gift cards from people sending me recognises so that they can also get gift cards. When I'm trying to spam a bunch out so I can get free points it sometimes takes a couple seconds to load each one." - Nathaniel K.

3. Bonusly

About Bonusly: Bonusly is a widely used employee recognition and rewards platform designed to enhance engagement through real-time peer-to-peer recognition and a points-based reward system. Its micro bonuses feature allows employees to give small, frequent tokens of appreciation for everyday achievements, fostering a culture of continuous recognition. Bonusly integrates seamlessly with widely used communication tools such as Microsoft Teams and Slack, making it effortless for distributed teams to maintain communication and commemorate achievements. It also supports global recognition by offering a wide range of reward options that cater to diverse preferences​.

Bonusly main features:

• Peer-to-peer recognition: Employees can recognize each other in real-time using micro bonuses.
• Global rewards catalog: Offers over 1,200 reward options across 200+ countries, including gift cards, donations, and custom rewards.
• Automated milestone celebrations: Celebrates birthdays, work anniversaries, and other key milestones.
• Integration: Supports integrations with Slack, Microsoft Teams, BambooHR, Workday, and other tools.
• Reporting and analytics: Advanced tools for tracking recognition patterns and measuring employee engagement.

Bonusly pricing:

• Appreciate: $2/user/month, billed annually
• Connect: $5/user/month, billed annually
• Achieve: $7/user/month, billed annually

For more information, please visit the Bonusly pricing page.

Bonusly G2 score: Bonusly holds a G2 score of 4.7/5 based on user reviews.

Notable Bonusly customers: Toast, Tactile Medical, Seat Geek, Qualtrics, PaloAlto Networks, MongoDB, and Headspace.

What Bonusly customers are saying on G2: "The aspect of gifs and uploading photos and a fun UI with funny messages about bugs is nice. Creates a system of a popularity contest. It's added a bit of fun. But not a replacement for lousy workplace culture." - Verified User in Apparel & Fashion.

4. Recognize App

About Recognize App: Recognize App is a comprehensive employee recognition and rewards platform, designed to integrate seamlessly with workplace tools such as Microsoft Teams, Slack, and G-Suite. The platform enables companies to enhance employee engagement through peer-to-peer recognition, milestone celebrations, and reward programs. Recognize supports organizations in creating a recognition-rich culture by offering flexible reward options, including gift cards and experiential rewards. Its global reach allows companies to reward employees across different regions with localized rewards and support for over 20 languages​.

Recognize App main features:

• Peer-to-peer recognition: Enable employees to give recognition through a points-based system.
• Automated milestone celebrations: Automatically recognize employee birthdays and anniversaries.
• Multi-currency rewards: Supports localized rewards for global teams with Visa and Mastercard options.
• Integrations: Works seamlessly with Slack, Microsoft 365, and Azure AD for easy synchronization.
• Custom development: Companies can customize the platform to meet their specific needs​

Recognize App pricing:

• Start-Up: $3,999 per year, Under 100 users
• Mid-Market: $4,999 per year, Under 100 users
• Enterprise: $5,999 per year, Under 100 users

For more information, please visit the Recognize App pricing page.

Recognize App G2 score: Recognize App holds a G2 score of 4.7/5 based on user reviews.​

Notable Recognize App customers: Dev.Pro, Visions Federal Credit Union, Teach First, Goodway Group, and Metro Bank.​

What Recognize App customers are saying on G2: "Downfall is that, at this time, I am only allowed so many rewards to give out per quarter when I have several work places I am coordinating. I have several staff who would qualify for the same reward." - Jennifer L.

5. Awardco

About Awardco: Awardco is a comprehensive employee recognition platform, known for its integration with Amazon Business, which provides users access to a vast global rewards network. It allows organizations to create customizable recognition programs, offering rewards ranging from physical products to experiences and lifestyle spending accounts. With its real-time recognition capabilities, Awardco helps companies automate employee recognition for key events like work anniversaries and birthdays, boosting overall employee engagement and satisfaction. It also provides valuable analytics, enabling HR teams to track the impact of recognition programs on employee performance and retention​.

Awardco Main Features:

• Amazon integration: Access to a wide array of rewards from Amazon, with no markups on products.
• Peer and social recognition: Real-time recognition with a public recognition wall to showcase employee achievements.
• Automated milestone celebrations: Automatically celebrate work anniversaries, birthdays, and other key events.
• Global rewards catalog: Diverse reward options for employees across multiple countries.
• Reporting and analytics: Track recognition trends and assess the effectiveness of recognition programs with detailed reporting.
• Mobile accessibility: Employees can access the platform on any device​.

Awardco pricing: Pricing is not listed on the website. You'll need to schedule a demo/sales call with Awardco to learn more about pricing.

Awardco G2 score: Awardco holds a G2 score of 4.8/5 based on user reviews.​

Notable Awardco customers: Visionworks, ClickUp, Ultradent, Pilot, Texas Roadhouse, and TaylorMade.

What Awardco customers are saying on G2: "My company just switched to Awardco. It sounds good in theory. But it's not used to reward hard work or going above and beyond like they pitch it. Most of the managers don't know how to give extra points. Yes, there's a lot of options for redeeming points, but it's near impossible to get points outside of a predetermined points schedule." - Verified User in Facilities Services.​

6. Achievers

About Achievers: Achievers is a global platform for employee recognition and rewards to cultivate a culture of ongoing engagement and appreciation. Using a points-based system that ties recognition to meaningful rewards allows employees to recognize their peers, managers, and team members. The platform supports large organizations with employees in over 190 countries, offering a global rewards marketplace with over 3 million options from 2,500+ global brands. Achievers also focuses on inclusivity, leveraging AI-powered tools like the Inclusion Coach to reduce bias in peer-to-peer recognition and improve the overall employee experience​.

Achievers main features:

• Points-based rewards system: Employees earn points for recognition, which can be redeemed for various global rewards, including gift cards, experiences, and charitable donations.
• Global rewards marketplace: Over 3 million reward options from 2,500+ global brands, ensuring employees can choose rewards that matter to them.
• Inclusion Coach: AI-driven tool that flags biased language in recognitions, promoting a more inclusive work environment.
• Mobile accessibility: Employees can recognize their peers and redeem rewards on the go via mobile or desktop platforms.
• Swag store: Custom-branded company merchandise is available through a personalized swag store​.

Achievers pricing: Pricing is not listed on the website. You'll need to schedule a demo/sales call with Achievers to learn more about pricing.

Achievers G2 score: Achievers holds a G2 score of 4.7/5 based on user reviews.

Notable Achievers customers: Discover, Samsung, General Motors, Kellanova, Dyson, Scotiabank, Panasonic, CVSHealth, and Zurich​.

What Achievers customers are saying on G2: "They promise to investigate and reply the next day and after that, you hear nothing from them. It took 3 months to process my request. During this time a war has started in my country and now the certificates are useless. They can't refund them or send compensation. All I can hear is that they are sorry or ask the vendor. Also one of the certificates is not the one I ordered." - Anton A., Onboarding Tech.​

7. Workhuman

About Workhuman: Workhuman is a global leader in employee recognition and rewards, offering a comprehensive platform that integrates social recognition, service milestones, and employee well-being into one solution. Designed to foster a culture of appreciation, Workhuman enables employees to recognize each other through a social feed, celebrating contributions that align with company values. Its platform supports organizations with a global workforce, offering multilingual and multicurrency capabilities. Workhuman's approach to recognition emphasizes peer-to-peer interactions and moments of recognition shared company-wide, creating a transparent and engaging recognition culture.

Workhuman main features:

• Peer-to-peer recognition: Employees can recognize and reward each other through a social recognition feed that promotes organizational visibility.
• Rewards catalog: A diverse selection of rewards, including gift cards, experiences, and branded merchandise, catering to a global workforce.
• Milestone celebrations: Automated recognition for service anniversaries, birthdays, and other important milestones.
• Analytics and reporting: Provides insights into recognition trends and employee engagement to help organizations measure the impact of their recognition programs.
• Mobile accessibility: Available on both Android and iOS, making recognition accessible anywhere

Workhuman pricing: Pricing is not listed on the website. You'll need to schedule a demo/sales call with Workhuman to learn more about pricing.

Workhuman G2 score: Workhuman holds a G2 score of 4.7/5 based on user reviews.

Notable Workhuman customers: State Street, Cisco, ADP, UnitedHealth Group, BP, and Moderna.

What Workhuman customers are saying on G2: "The gift options are lacking significantly. The company is charged a certain amount of money per point, however the available prize options to the employee do not translate to anything close to the cost paid for the points. For example, 1,000 points could cost the company $100, however the prizes available to the employee for 1,000 points can vary from a fair market value of $15-$75. This doesn't reward employees with the full reward the employer is paying for and Workhuman is making money off of this." - Sarah W., Senior Tax Analyst.

8. Nectar

About Nectar: Nectar is a peer-to-peer recognition and incentives platform intended to assist companies in cultivating a culture of appreciation and participation. It allows employees to publicly recognize each other through a social recognition feed, aligning these recognitions with the company's core values. Nectar provides a wide range of rewards, including Amazon products, gift cards, company-branded swag, and donations to charities, making it a flexible solution for organizations looking to boost employee morale. The platform is particularly well-suited for remote-first teams and small to mid-sized companies​.

Nectar main features:

• Peer-to-peer and manager-to-employee recognition: Enables social recognition based on company core values.
• Extensive rewards catalog: Includes Amazon integration, gift cards, company-branded swag, charity donations, and custom rewards.
• Automation: Automated birthday and service anniversary recognition.
• Analytics and reporting: Offers insights on recognition patterns and employee engagement.
• HRIS and SSO integration: Seamlessly integrates with major HR systems like BambooHR and Paycor, and supports single sign-on (SSO)​.

Nectar pricing:

Nectar offers three pricing tiers:

• Plus $5/user/month, billed annually
• Premium $6/user/month, billed annually
• Custom [Book Demo for Quote]

For more information, please visit the Nectar pricing page.

Nectar G2 score: Nectar holds a G2 score of 4.7/5 based on user reviews.​

Notable Nectar customers: Redfin, SHRM. Lasko, Heineken, MLB, Calendly, and Golden State Warriors.

What Nectar customers are saying on G2: "An encouraging way to connect with people. It seems like a way to just obtain a reward for sake of false encouragement." - Verified User in Primary/Secondary Education."

9. Motivosity

About Motivosity: Motivosity is a platform for employee recognition and awards that emphasizes a people-centric approach to corporate culture. Designed to create connections across teams, Motivosity offers tools for peer-to-peer and manager-to-employee recognition. Its social recognition feed allows employees to celebrate achievements publicly, reinforcing core values and building stronger relationships within the company. In addition to recognition, Motivosity supports challenges, milestone celebrations, and employee engagement surveys, making it a comprehensive solution for organizations looking to enhance morale and productivity.

Motivosity main features:

• Peer-to-peer and manager-to-employee recognition: Encourages frequent recognition through a social feed and badges.
• Automated celebrations: Recognizes work anniversaries, birthdays, and other key milestones.
• Global rewards catalog: Offers a variety of reward options, including gift cards, branded company swag, and donations to charities.
• Engagement tools: Includes pulse surveys, challenges, and personality profiles to strengthen team connections.
• Integrations: Seamlessly integrates with HR systems like BambooHR, Slack, Microsoft Teams, and more​.

Motivosity pricing: $3000 Minimum Annual spend

• Standard
• Pro
• Custom
• Add-Ons: Communications, Spaces, Surveys, Meetings

For more information, please visit the Motivosity pricing page.

Motivosity G2 score: Motivosity holds a G2 score of 4.7/5 based on user reviews.

Notable Motivosity customers: Atlabank, Bosch, KPMG, WGU, GreatClips, Cotopaxi, FUJIFILM, and Salerabit ZionsBank.​

What Motivosity customers are saying on G2: "I enjoy how easy it is to use Motivosity. I dislike getting prompted multiple times to leave feedback." - Verified User in Environmental Services.​

10. Guusto

About Guusto: Guusto is a platform for employee recognition and awards focused on real-time, flexible recognition. It allows companies to recognize and reward employees instantly with digital gift cards from over 100+ merchants. Guusto stands out with its simplicity, offering organizations a user-friendly interface that eliminates points systems, ensuring $1 equals $1 for all rewards. The platform also emphasizes social impact, contributing one day of pure water for each gift dispatched. Guusto is scalable, making it suitable for small businesses to large enterprises​.

Guusto main features:

• Peer-to-peer recognition: Easily send rewards and recognition via email or mobile apps.
• No markups on rewards: $1 spent equals $1 in value for recipients.
• Global rewards catalog: Includes digital gift cards from 100+ retailers, printable rewards, and charitable donation options.
• Automation: Automatically celebrate work anniversaries and milestones.
• Integrations: Seamlessly integrates with platforms like Microsoft Teams​.

Guusto pricing: Guusto offers a flexible pricing model:

• Free: $0 per month, Single user account
• Lite: $40 per month, Single user account
• Essential: $120 per month, Starts with 30 seats
• Premium: $400 per month, Starts with 80 seats

For more information, please visit the Guusto pricing page.

Guusto G2 score: Guusto holds a G2 score of 4.9/5 based on user reviews.

Notable Guusto customers: Carlton Cards, Bell Media, The Body Shop, DLA Piper, Harry Rosen, and Marriott.

What Guusto customers are saying on G2: "I wish Guusto had more merchants for better flexibility. These days, people want to be more practical. Shops are better than restaurants. I'd like to see more shopping options and gasoline station brands on there." - Joseph G., Art Director.

Choosing the right rewards system for your company

Selecting the ideal rewards system for your company is essential to fostering a culture of recognition, improving employee morale, and driving long-term engagement. The best platform will align with your company values, integrate easily into your workflow, and offer diverse rewards that motivate and resonate with your employees.

When deciding on a system, here are some important factors to consider:

1. Ease of use: Your rewards platform should be intuitive for both administrators and employees. Seek tools that integrate effortlessly with your current systems, such as Slack or Microsoft Teams, allowing for smooth, daily interaction. Matter, for example, is a Slack-first and Teams-first platform, which makes installation and setup a breeze, taking only 2 minutes to install and 5-10 minutes to customize. This ensures that recognition is a part of everyday workflow without requiring constant management.
2. Customization options: A great rewards system should allow you to tailor rewards and recognition to your company culture. Matter offers customizable kudos cards that align with your company values, from professional awards to fun inside jokes, ensuring every recognition feels personal and meaningful. This level of personalization helps strengthen company culture and reinforces the behaviors you want to encourage.
3. Automation: Automation can save time and ensure consistency in recognizing achievements. Platforms like Matter automate recognition events such as birthdays, work anniversaries, and Feedback Friday, which encourages employees to send kudos and rewards at the end of the week. This not only boosts morale but also keeps recognition consistent and impactful.
4. Diverse rewards: Employees are motivated by different things, so having a wide variety of rewards is crucial. Look for platforms that offer both monetary and non-monetary rewards. Matter excels in this area, offering a coin system that resets frequently, ensuring continuous participation. Employees can redeem their coins for digital gift cards, charity donations, prepaid Visa/Mastercards, or custom-branded company rewards like lunch with the CEO or extra vacation days. This flexibility ensures that rewards are meaningful to every individual.
5. Employee engagement features: Beyond rewards, a good system should actively engage employees. Platforms like Matter incentivize surveys with rewards and distribute them easily through Slack or Teams, making it simple for employees to participate and share feedback. This continuous feedback loop helps organizations improve and maintain high employee satisfaction.

Why choose Matter as your reward system?

If you're looking for a simple, effective, and fully automated solution for employee recognition, Matter provides a distinctive combination of adaptability, user-friendliness, and personalization. With its fast installation, seamless Slack and Teams integration, and highly customizable rewards, Matter is perfect for companies wanting to elevate their recognition programs.

In addition to recognizing everyday contributions, Matter helps celebrate important milestones, reward feedback, and ensure that employees feel valued year-round. Whether it's through customizable kudos, automated celebrations, or a flexible rewards catalog, Matter makes it easy to create a recognition-rich environment that drives employee engagement and performance. Get started with Matter for free today, and experience how effortless recognition can transform your workplace culture.