30 Types of Employee Rewards People Want in 2025

In today's competitive job market, companies need more than just salaries to attract and retain top talent. Employee rewards play a crucial role in boosting morale, increasing engagement, and fostering a positive company culture. Employees who experience appreciation are more likely to remain dedicated, perform at their highest level, and contribute to the organization's overall success.

Understanding the types of employee rewards is essential for businesses looking to implement effective employee recognition programs. Organizations can create a dynamic system that keeps employees motivated and engaged by offering a mix of financial incentives, intrinsic rewards, and peer recognition.

At Matter, we specialize in helping companies implement employee rewards systems that align with their core values, enhance employee satisfaction, and encourage a culture of continuous recognition. Our intuitive platform integrates seamlessly with Slack and Microsoft Teams, making recognizing and rewarding employees in real-time easy.

What are employee rewards?

Employee rewards are a key component of workplace engagement, designed to recognize and incentivize employees for their contributions. These rewards can take various forms, including monetary incentives, non-financial perks, and recognition programs that reinforce a positive work culture. A well-structured employee rewards program enhances job satisfaction and boosts retention, productivity, and overall workplace morale.

By instituting a diverse array of employee rewards, companies have the ability to cultivate an atmosphere in which employees feel appreciated and motivated to perform at their best. Whether through tangible incentives like bonuses and gift cards or intangible rewards like public recognition and career growth opportunities, organizations can tailor their reward systems to align with company values and business goals.

Understanding the role of different types of employee rewards in business success

The right types of employee rewards can significantly impact business success by driving engagement, enhancing productivity, and fostering a positive work environment. Employees who feel appreciated through meaningful recognition and incentives are more likely to stay motivated and committed to their organization.

A well-structured employee rewards program strengthens company culture, improves employee morale, and encourages high performance. Companies that prioritize financial and non-financial rewards foster a work environment in which employees feel valued and empowered to contribute to organizational objectives.

How employee rewards drive business success

• Boosts employee motivation – Offering the right financial incentives and intrinsic rewards encourages employees to perform at their best.
• Enhances job satisfaction – Employees who receive meaningful recognition through an effective reward system experience higher satisfaction and engagement levels.
• Reduces turnover and improves retention – A well-designed employee rewards and recognition program helps companies retain top talent by making employees feel appreciated.
• Aligns employees with company values – Recognition and employee incentives reinforce behaviors that reflect organizational goals and mission.
• Encourages collaboration and teamwork – Peer recognition programs and non-monetary rewards help create a culture of appreciation and support.

The difference between types of employee incentives and recognition programs

While employee incentives and employee recognition programs are both essential for motivating employees, they serve different purposes within an organization. Understanding their distinctions helps businesses create a well-rounded employee rewards system that fosters engagement and long-term satisfaction.

Employee incentives are proactive rewards designed to drive specific behaviors and performance outcomes. These typically include financial incentives, such as bonuses, profit sharing, salary increases, and non-financial rewards, like extra time off or career development opportunities. The primary goal of an employee incentives program is to encourage employees to meet or exceed performance benchmarks.

On the other hand, employee recognition programs focus on acknowledging employees for their contributions, often in real-time. Recognition can be peer-to-peer recognition, verbal praise, or public recognition for achievements. Unlike incentives, recognition programs emphasize appreciation rather than driving specific outcomes. By incorporating employee rewards examples, organizations can explore different recognition strategies that align with their company culture and workforce needs.

Key differences between incentives and recognition programs

• Purpose: Employee incentives aim to influence behavior and drive results, while recognition programs focus on celebrating employee contributions.
• Timing: Financial incentives are often structured and planned, whereas recognition-based rewards can be spontaneous and immediate.
• Types of rewards: Incentives often include monetary rewards, while recognition programs frequently involve non-monetary rewards such as verbal praise or awards.
• Impact on workplace morale: Recognition programs enhance employee morale by making employees feel valued, while incentives boost performance by encouraging goal achievement.
• Best for: Employee incentives are ideal for performance-based rewards, while recognition programs foster a positive workplace atmosphere and boost long-term engagement.

How different types of employee benefits impact retention and job satisfaction

A well-designed employee rewards system plays a significant role in improving both employee satisfaction and retention. Employees who receive meaningful recognition, financial rewards, and career-enhancing employee incentives are more likely to stay engaged and committed to their organization. Companies that offer comprehensive employee rewards programs can establish a positive work environment and decrease attrition where employees feel valued.

Retention is directly linked to how well employees feel appreciated in their roles. Businesses that fail to implement effective employee recognition programs often experience high turnover rates, leading to increased hiring costs and lost productivity. By integrating various types of employee rewards, organizations can ensure that employees remain motivated, satisfied, and invested in the company's long-term success.

How employee benefits improve retention and satisfaction

• Encourages long-term commitment – Employees who receive monetary rewards and recognition-based rewards are more likely to remain loyal to their company.
• Increases overall job satisfaction – A strong employee rewards program ensures employees feel appreciated for their hard work and contributions.
• Boosts morale and engagement – Employees' motivation and job satisfaction improve when they receive consistent public recognition.
• Provides work-life balance benefits – Offering flexible work arrangements, professional development opportunities, and wellness benefits increases retention rates.
• Reduces turnover and hiring costs – A structured employee rewards system keeps top talent engaged, reducing the need for frequent rehiring.

Why is offering the right type of employee rewards important?

Fostering an engaged and motivated workforce necessitates offering appropriate employee incentives. A well-structured employee rewards program enhances job satisfaction, improves retention, and reinforces company culture. When employees feel valued through a mix of financial incentives, non-monetary rewards, and peer recognition, they are more likely to stay committed to their organization and perform at their best.

Organizations that allocate resources to employee recognition initiatives cultivate an environment that is supportive of employee motivation and appreciation. Businesses that do not provide appropriate employee rewards and recognition risk experiencing high turnover rates, low morale, and disengaged staff. Companies can implement recognition-based rewards that encourage productivity, teamwork, and long-term loyalty by understanding what drives employee motivation.

The key benefits of implementing various types of employee rewards and recognition

A well-structured employee rewards program directly impacts engagement, performance, and workplace satisfaction. When employees receive financial rewards, intrinsic rewards, and public recognition, they feel valued, which leads to higher job satisfaction and improved retention rates. Companies prioritizing employee recognition programs foster a positive work environment that encourages growth, loyalty, and teamwork.

By implementing diverse employee incentive ideas, organizations can align company values with employee motivation, creating a culture where recognition is an ongoing practice rather than an occasional event. Effective employee reward systems lead to a more engaged, productive, and committed workforce to company success.

Key benefits of employee rewards and recognition

• Boosts employee motivation – Offering performance-based rewards and financial incentives encourages employees to perform at their best.
• Enhances job satisfaction – Employees who feel recognized experience higher job satisfaction and increased organizational loyalty.
• Improves retention and reduces turnover – A strong employee rewards and recognition program helps companies retain top talent by making employees feel valued.
• Encourages a positive company culture – Recognition programs and peer recognition initiatives foster a positive workplace atmosphere where employees support one another.
• Strengthens teamwork and collaboration – Team-based rewards and peer-to-peer recognition programs build strong workplace relationships.
• Drives performance and business success – A well-designed employee reward system aligns incentives with company objectives, ensuring employees contribute to overall growth.

How types of employee recognition awards influence performance

Recognition is one of the most effective methods for increasing employee engagement and driving great performance. A well-structured employee rewards program that includes financial rewards, peer recognition, and public recognition helps employees feel valued and engaged in their work. Employees who receive meaningful recognition are more likely to stay committed to company goals, maintain high productivity, and contribute to a positive workplace environment.

By incorporating various types of employee rewards, companies can create a culture of appreciation where achievements are consistently acknowledged. Employee recognition programs that emphasize both monetary rewards and intrinsic rewards encourage employees to go beyond their responsibilities and take ownership of their work.

How employee recognition awards improve performance

• Encourages excellence – Performance-based rewards and monetary incentives motivate employees to consistently deliver high-quality work.
• Boosts engagement and job satisfaction – Employees who receive meaningful recognition are more invested in their roles, leading to higher job satisfaction.
• Increases employee morale – Public acknowledgment and peer-to-peer recognition programs foster an environment in which employees feel valued and appreciated.
• Strengthens workplace collaboration – Acknowledging team contributions through team rewards and recognition-based rewards fosters teamwork.
• Reduces burnout and turnover – Employees who feel valued through employee incentives and reward systems are less likely to seek opportunities elsewhere.
• Aligns employees with company values – Recognition-based rewards reinforce key behaviors that support business success.

Types of employee rewards programs and how they work

A well-structured employee rewards program fosters motivation, improves employee satisfaction, and drives long-term engagement. These programs provide a framework for recognizing employees through financial rewards, non-monetary rewards, and peer recognition initiatives. Organizations can foster a positive work environment in which employees feel appreciated and motivated to perform at their highest level by providing a variety of employee incentives.

Successful employee rewards programs are designed to align with company values while providing meaningful recognition. Whether through performance-based rewards, public recognition, or intrinsic rewards, these programs help businesses cultivate a culture of appreciation that enhances productivity and retention.

Comparing different types of employee rewards and recognition platforms

Choosing the right employee rewards platform is essential for building an effective employee recognition program that enhances employee satisfaction and engagement. With a wide range of employee rewards platforms, companies must evaluate their options based on features, customization, and integration capabilities. A well-structured employee rewards system ensures employees feel valued, improving retention and fostering a positive work environment.

Different employee rewards software solutions cater to various business needs, from peer recognition and performance-based rewards to monetary rewards and tangible rewards like gift cards and bonuses. Organizations that invest in the right employee recognition platform can create a culture of appreciation that encourages motivation and long-term commitment. Companies can implement recognition strategies that align with their workforce's needs by exploring employee reward ideas.

Important factors to consider while selecting an employee rewards platform:

• Integration with workplace tools – The best employee rewards software connects with Slack, Microsoft Teams, and HR platforms to streamline peer-to-peer recognition.
• Diversity of rewards – A comprehensive employee rewards program includes financial incentives, non-financial rewards, and recognition-based rewards to meet employee preferences.
• Customization options – Companies benefit from employee rewards systems that allow them to tailor rewards based on their unique recognition program and business goals.
• Ease of use – A well-designed employee recognition platform encourages participation and makes recognizing and rewarding employees an effortless part of workplace culture.
• Data and analytics – Advanced employee rewards software provides insights into engagement trends, helping businesses refine their reward system and track the impact of recognition initiatives.
• Global accessibility – A scalable employee rewards app that supports international employees with local rewards options ensures inclusivity and participation.

The most effective types of employee incentives for team building

Employee incentives play a crucial role in fostering teamwork, improving employee morale, and strengthening workplace relationships. A well-structured employee rewards program that includes financial and non-financial rewards encourages collaboration and enhances job satisfaction. Organizations that provide engaging employee incentives establish an environment conducive to employees' health and well-being, as well as one in which employees feel appreciated and driven to collaborate toward common goals.

By integrating recognition-based rewards and performance-based rewards, organizations can promote a culture of appreciation while driving productivity. Selecting the right mix of employee incentives ensures that teams remain engaged, motivated, and aligned with company values.

Best types of employee incentives for team building

• Team-based performance bonuses – Recognizing collective achievements with monetary rewards encourages cooperation and shared accountability.
• Group recognition programs – Implementing peer-to-peer recognition programs strengthens team connections and enhances collaboration.
• Company-sponsored team outings – Events such as retreats, team outings, and group activities foster camaraderie and improve employee engagement.
• Gamification challenges – Friendly competitions that reward teamwork boost employee motivation while making work more enjoyable.
• Flexible work benefits – Offering flexible work arrangements or additional time off as employee incentives promote work-life balance.
• Professional development opportunities – Investing in career advancement and training costs for teams encourages growth and long-term commitment.
• Charitable giving initiatives – Encouraging teams to participate in volunteer programs or company-sponsored donations aligns company values with social responsibility.

How various types of rewards increase employee satisfaction

A well-structured employee rewards program is crucial in improving employee satisfaction by making employees feel valued for their contributions. When companies implement diverse types of employee rewards, they enhance engagement, strengthen retention, and promote a positive workplace atmosphere. Financial, non-financial, and recognition-based rewards are more likely to maintain employees' motivation and commitment to their organization.

Organizations that prioritize employee recognition programs ensure that employees experience higher job satisfaction and remain engaged in their roles. Whether through monetary incentives, public recognition, or personalized rewards, an effective reward system fosters a culture of appreciation and encourages long-term loyalty.

Ways employee rewards improve satisfaction

• Encourages workplace motivation – Employees who receive monetary rewards or performance-based rewards feel incentivized to excel in their roles.
• Strengthens engagement and morale – A culture in which employees feel valued is fostered by recognition-based rewards and peer-to-peer recognition programs.
• Aligns rewards with employee preferences – Offering a mix of financial incentives and non-financial rewards ensures employees receive recognition in meaningful ways.
• Fosters a positive company culture – Structured employee rewards systems reinforce company values and encourage collaboration.
• Reduces turnover and increases retention – Employees who consistently receive recognition are more likely to stay committed to their company.
• Supports work-life balance – Flexible work arrangements, professional development opportunities, and wellness benefits contribute to job satisfaction.

10 different types of employee rewards for workplace success

A comprehensive employee rewards program is essential for employee satisfaction, increasing engagement, and boosting overall productivity. Offering a mix of financial, non-monetary, and recognition-based rewards ensures that employees feel appreciated and remain committed to their organization. By comprehending the types of employee rewards that resonate with various teams, organizations can establish a positive work environment that fosters motivation and retention.

The most successful employee recognition programs integrate performance-based rewards, peer-to-peer recognition, and tangible rewards that align with company values. Employees who receive meaningful recognition are more inclined to remain engaged, perform at their highest level, and contribute to the expansion of the business.

How different types of employee rewards drive motivation and engagement

A well-structured employee rewards program directly influences employee motivation and engagement, including financial, non-monetary, and recognition-based rewards. It is more probable that employees will be engaged in their work, contribute proactively, and align with the company's values when they feel appreciated.

By offering diverse types of employee rewards, businesses can create a culture where employee satisfaction is prioritized. Incentives such as monetary rewards, public recognition, and peer-to-peer recognition programs ensure that employees remain motivated and committed to organizational success. Companies can build a thriving workplace culture centered around appreciation and engagement by implementing employee recognition and rewards.

10 different types of employee rewards that boost motivation

1. Performance-based rewards – Recognizing achievements with monetary incentives, bonuses, or salary increases keeps employees driven.
2. Public recognition – Acknowledging accomplishments through recognition-based rewards, awards, or verbal praise strengthens morale.
3. Peer-to-peer recognition programs – Encouraging employees to recognize employees fosters teamwork and engagement.
4. Tangible rewards – Offering gift cards, merchandise, or experience-based incentives enhances motivation.
5. Professional development opportunities – Providing access to courses, certifications, and mentorship programs supports career advancement.
6. Flexible work arrangements – Allowing employees to adjust schedules or work remotely improves work-life balance.
7. Wellness benefits – Supporting health and wellness initiatives boosts employee satisfaction and productivity.
8. Team-based incentives – Rewarding team efforts through group outings or shared bonuses strengthens collaboration.
9. Profit-sharing programs – Offering employees a stake in company success improves long-term engagement.
10. Recognition-based rewards – Implementing a rewards program that aligns with company culture reinforces positive workplace behaviors.

7 types of employee recognition and rewards for high performers

Recognizing high-performing employees is essential for maintaining employee motivation, increasing job satisfaction, and fostering a positive work environment. A well-structured employee rewards program that includes monetary, non-monetary, and recognition-based rewards ensures top talent remains engaged and committed to organizational success.

By implementing employee recognition programs tailored for high achievers, businesses can reinforce a culture of excellence while aligning rewards with company values. Recognizing outstanding contributions through performance-based rewards, public recognition, or professional development opportunities leads to greater retention and overall workplace morale.

How types of employee recognition improve workplace morale

The implementation of an effective employee appreciation program can enhance the morale of staff and foster a positive work environment. Employees who feel appreciated through recognition-based rewards, monetary rewards, and peer-to-peer recognition programs are more engaged, productive, and satisfied in their roles.

Companies can guarantee that their personnel remain motivated and in accordance with the company's values by implementing a variety of employee rewards. Whether through public recognition, financial incentives, or tangible rewards, recognizing employees for their hard work fosters loyalty and a culture of appreciation.

How recognition improves workplace morale

• Creates a culture of appreciation – Employees who receive meaningful recognition experience higher job satisfaction and engagement.
• Strengthens team connections – Peer-to-peer recognition programs encourage a collaborative and supportive workplace.
• Reduces burnout and turnover – Employees who feel valued through recognition-based rewards and performance-based rewards are more likely to stay committed.
• Encourages continuous improvement – A well-designed employee rewards program reinforces workplace behaviors contributing to success.
• Enhances overall employee motivation – Employees who receive public recognition and verbal praise are more likely to stay engaged.

7 different types of employee awards to reinforce organizational values

Aligning employee recognition programs with company values helps organizations create a culture of appreciation and accountability. Businesses can incentivize their employees to contribute to the company's long-term success by offering recognition-based, monetary, and non-monetary rewards. This approach can help employees feel appreciated and motivated.

A well-structured employee rewards system reinforces behaviors that reflect the company's mission, encourages employee engagement, and strengthens workplace morale. Recognizing employees with meaningful performance-based rewards and public recognition leads to a more motivated and aligned workforce.

7 types of employee awards that reinforce company values

1. Core values awards – Recognizes employees who exemplify company values in their daily work.
2. Innovation awards – Rewards employees who introduce creative ideas that drive business success.
3. Leadership excellence awards – Acknowledges individuals who demonstrate exceptional leadership and mentorship.
4. Collaboration awards – Encourages teamwork by recognizing team efforts and cross-departmental contributions.
5. Customer service excellence awards – Honors employees who provide outstanding service and support.
6. Employee of the Month awards – Highlights top performers through public recognition and peer recognition.
7. Professional growth awards – Celebrates employees who invest in career advancement and skill development.

Types of employee rewards for small businesses

Small businesses benefit significantly from well-structured employee rewards programs that enhance employee satisfaction, improve retention, and foster a positive workplace atmosphere. While large corporations may offer extensive financial rewards and monetary incentives, small businesses can create impactful recognition-based rewards that align with their unique culture and budget.

By incorporating non-financial rewards, peer-to-peer recognition programs, and flexible work arrangements, small businesses can ensure their employees feel valued. Offering employee incentives tailored to individual and team contributions strengthens employee morale and creates a culture of appreciation.

How different types of employee benefits help retain top talent

For small businesses, retaining top talent requires more than just competitive salaries. A well-structured employee rewards program integrating financial, recognition-based, and non-financial rewards can significantly improve employee satisfaction and retention. Unlike large corporations, small businesses often operate with tighter budgets, making it essential to offer employee incentives that are both meaningful and cost-effective.

Recognizing employees through peer-to-peer recognition programs, public recognition, and flexible work arrangements fosters a strong sense of belonging and employee morale. Small businesses that implement employee recognition programs tailored to their workforce can build a positive company culture and encourage long-term commitment.

Cost-effective employee benefits that increase retention

• Profit-sharing opportunities – Even on a smaller scale, offering employees a share in company success through profit-sharing incentives builds loyalty and long-term investment in business growth.
• Personalized rewards and experiences – Instead of generic incentives, offering personalized rewards such as extra PTO, mentorship sessions, or learning stipends creates deeper employee engagement.
• Flexible work arrangements – Customizing the work schedules of employees improves work-life equilibrium and increases the likelihood of their long-term retention.
• Wellness and lifestyle perks – Providing wellness benefits, gym memberships, or mental health support programs promotes overall well-being and improves retention.
• Career development incentives – Supporting professional development opportunities such as certifications, training costs, and career advancement initiatives helps employees see a future with the company.
• Team-based rewards – Encouraging collaboration through team rewards, recognition events, or team effort awards reinforces teamwork and company loyalty.
• Public recognition and peer appreciation – Implementing peer-to-peer recognition programs within internal communications, social platforms, or town halls strengthens employee morale and engagement.

Small businesses that prioritize employee rewards systems designed around their culture and team dynamics can maintain a motivated, engaged workforce without requiring a large financial investment.

The best types of employee incentives for startups and growing businesses

In order to attract and retain top talent, firms and expanding businesses frequently encounter obstacles as a result of budgetary constraints. However, a well-planned employee rewards program can help build a positive workplace atmosphere, improve employee morale, and increase retention. Offering a mix of financial, non-monetary, and recognition-based rewards ensures that employees feel appreciated, even in a fast-paced, high-growth environment.

Unlike large corporations, startups can leverage employee incentives that are innovative, meaningful, and cost-effective. By incorporating peer-to-peer recognition programs, public recognition, and professional development opportunities, startups can create a culture of engagement without relying solely on monetary rewards.

Best employee incentives for startups and growing businesses

• Equity or stock options – Many startups offer equity as an alternative to financial incentives, giving employees a vested interest in the company's success.
• Flexible work arrangements – Allowing remote work, hybrid schedules, or flexible hours enhances work-life balance and attracts top talent.
• Performance-based rewards – Tying monetary incentives and recognition-based rewards to key milestones encourages growth and accountability.
• Team-building experiences – Organizing team outings, hackathons, or company retreats fosters collaboration and strengthens employee engagement.
• Career development programs – Investing in training costs, mentorship programs, and career advancement opportunities ensures employees see long-term growth potential.
• Wellness and lifestyle benefits – Wellness benefits, gym memberships, and mental health resources support overall well-being.
• Unique workplace perks – Offering on-site experiences, stipends for co-working spaces, or personalized gifts enhances the employee reward system.

Even with restricted financial resources, startups, and expanding organizations can establish a culture that attracts and retains high-performing employees by investing in employee recognition programs that are customized to their workforce.

How types of employee recognition awards foster team collaboration

Recognizing employees' contributions to team success is key to building a supportive and collaborative workplace. A well-designed employee rewards program that includes team-based incentives, performance-driven recognition, and public appreciation helps employees feel valued and motivated to work toward shared goals.

Businesses can emphasize the value of teamwork and collaboration by including group accomplishments in award programs. When employees see their contributions acknowledged in meaningful ways, they are more likely to remain engaged, strengthen workplace relationships, and contribute to a high-performing team culture.

Ways employee recognition fosters collaboration

• Team-based performance bonuses – Rewarding entire teams with monetary incentives for meeting goals encourages collective accountability.
• Peer-to-peer recognition programs – Allowing employees to recognize employees for their teamwork strengthens bonds and workplace morale.
• Public recognition for team efforts – Acknowledging team successes through company-wide announcements fosters a culture of appreciation.
• Incentivizing cross-functional collaboration – Encouraging teams to work across departments by offering recognition-based rewards improves problem-solving and efficiency.
• Company-sponsored team outings – Organizing team outings or retreats helps build relationships and enhances employee engagement.
• Flexible work incentives for collaboration – Providing additional remote work flexibility or shared workspace options supports teamwork and enhances work-life balance.
• Professional development for teams – Offering training costs support or group learning sessions improves collaboration while promoting career advancement.

Organizations that invest in employee recognition programs to celebrate teamwork and collective achievements can cultivate a strong, engaged workforce that thrives on collaboration.

7 best types of employee awards for excellence

Recognizing employees for their achievements fosters a positive work environment, enhances employee motivation, and reinforces company values. A well-structured employee rewards program that includes performance-based rewards, monetary rewards, and public recognition ensures employees feel valued for their contributions.

By implementing meaningful employee recognition programs, companies can create a culture where excellence is celebrated. Whether through peer recognition, financial incentives, or career growth opportunities, offering the right types of employee rewards helps organizations retain top talent and maintain a high-performance workforce.

How types of employee awards reinforce company goals and achievements

Aligning employee recognition programs with company objectives ensures employees feel motivated to contribute to overall business success. Recognizing employees for their achievements through performance-based rewards, recognition-based rewards, and monetary incentives reinforces workplace reward behaviors that drive growth and productivity.

A well-structured employee rewards program helps employees stay engaged, encourages continuous improvement, and strengthens company values. Organizations can build a culture where success is acknowledged and rewarded by celebrating team efforts, innovation, and leadership.

7 best types of employee awards for excellence

1. Innovation awards – Recognizing employees who introduce creative solutions or improvements reinforce a culture of innovation.
2. Leadership awards – Honoring employees who take the initiative and demonstrate strong leadership fosters mentorship and growth.
3. Customer service excellence awards – Rewarding employees who go above and beyond in serving clients strengthens customer satisfaction and loyalty.
4. Collaboration awards – Encouraging teamwork through peer recognition and team success fosters strong workplace relationships.
5. Employee of the Month awards – Public recognition for outstanding performance increases motivation and engagement.
6. Professional growth awards – Supporting career advancement and learning achievements reinforces continuous development.
7. Core values awards – Acknowledging employees who embody company values strengthens company culture and engagement.

Types of employee rewards for remote and hybrid teams

As remote and hybrid work environments become more common, companies must refine their employee rewards programs to ensure all team members feel recognized and appreciated, regardless of location. Motivating and connecting with remote workers is easier with various incentives, such as monetary prizes, experience gifts, and professional growth opportunities.

A well-designed recognition program should focus on flexibility and accessibility, making it easy for employees to receive and redeem rewards no matter where they work. Digital gift cards, wellness stipends, and personalized appreciation messages can reinforce a sense of belonging, while virtual celebrations and recognition platforms keep employees engaged with company culture. Businesses can create an inclusive and motivating experience for all team members by implementing a diverse range of meaningful rewards.

By implementing performance-based rewards, public recognition, and virtual incentives, companies can create a positive workplace atmosphere where both in-office and remote employees feel appreciated. The key is to offer flexible and accessible employee rewards that cater to different working arrangements while reinforcing company values.

How different types of employee rewards enhance virtual team engagement

Keeping remote employees engaged requires a strategic employee rewards program fostering connection, motivation, and satisfaction. Unlike in-office teams, virtual employees may feel isolated, making recognition-based rewards, peer-to-peer recognition programs, and public recognition even more essential for maintaining employee morale.

A strong employee recognition program that integrates financial rewards, non-monetary rewards, and flexible work arrangements ensures remote employees feel valued and aligned with company values. By offering performance-based rewards and incentives tailored for virtual work, businesses can create a culture of engagement, collaboration, and productivity.

How employee rewards improve virtual team engagement

• Virtual peer-to-peer recognition programs – Encouraging remote employees to recognize employees through online platforms strengthens relationships and morale.
• Monetary rewards for virtual achievements – Offering financial incentives, bonuses, or gift cards for employee rewards motivates high performance.
• Flexible work arrangements and autonomy – Allowing remote employees to manage their schedules enhances work-life balance and satisfaction.
• Online team-building incentives – Hosting virtual events, interactive challenges, or team outings fosters collaboration among remote employees.
• Professional development rewards – Supporting career advancement, training costs, and skill development opportunities helps remote employees grow within the company.
• Wellness and lifestyle benefits – Providing wellness benefits, gym memberships, or mental health resources supports employee well-being.
• Public recognition in virtual settings – Highlighting remote employees' achievements in company-wide meetings or newsletters increases employee motivation.

The role of digital types of employee recognition and rewards in remote work

In a virtual work environment, digital employee rewards programs are critical in motivating and engaging employees. Without face-to-face interactions, remote teams rely on recognition-based rewards, peer-to-peer recognition programs, and public recognition to maintain a sense of connection and belonging.

A well-structured employee recognition program ensures virtual employees feel valued and appreciated for their contributions. By integrating digital incentives, non-financial rewards, and monetary benefits, businesses can establish a positive work environment that enhances engagement and long-term retention.

How digital recognition enhances remote work

• Virtual monetary incentives – Offering monetary rewards such as e-gift cards or bonuses ensures remote employees feel valued.
• Recognition-based rewards through company tools – Using employee rewards platforms integrated with Slack or Microsoft Teams makes recognition seamless.
• Gamified peer-to-peer recognition programs – Encouraging employees to give virtual kudos, badges, or tokens enhances engagement.
• Flexible work benefits for remote employees – Providing flexible work arrangements and work-life balance initiatives supports employee well-being.
• Professional development opportunities – Investing in career advancement, training costs, and mentorship programs fosters growth.
• Virtual wellness initiatives – Supporting wellness benefits such as online fitness programs or gym memberships helps employees maintain a healthy work-life balance.
• Digital team-building rewards – Encouraging collaboration through online events, contests, and team efforts recognition strengthens workplace relationships.

Best practices for implementing types of employee incentives for hybrid teams

A well-balanced employee rewards program that accommodates both in-office and remote employees is necessary for hybrid teams. To ensure fairness and inclusivity, businesses must integrate recognition-based rewards, financial incentives, and peer-to-peer recognition programs that provide equal opportunities for all team members to feel valued and motivated.

By offering performance-based rewards, public recognition, and flexible work arrangements, companies can create a seamless experience where both remote and on-site employees feel engaged and connected. A strong employee recognition program tailored for hybrid teams fosters employee morale, improves retention, and enhances company culture.

Best practices for rewarding hybrid teams

• Ensure recognition is inclusive – Implement peer-to-peer recognition programs that allow employees to celebrate colleagues across different work settings.
• Offer location-agnostic rewards – Providing monetary rewards, gift cards for employee rewards, and experience-based tangible rewards ensure fairness between remote and in-office employees.
• Prioritize flexibility in incentives – Giving employees the option to choose between work-life balance perks, wellness benefits, or professional development opportunities increases engagement.
• Recognize hybrid teamwork efforts – Acknowledging team successes and team efforts ensures that both in-person and remote employees feel equally appreciated.
• Use digital tools for recognition – Leveraging an employee rewards platform ensures a seamless and consistent experience across hybrid teams.
• Encourage career growth for all employees – Providing access to career advancement opportunities, training cost support, and mentorship programs motivates employees to develop their skills.
• Celebrate milestones across all locations – Hosting company-wide celebrations for promotions, anniversaries, and recognition-based rewards fosters a united company culture.

Fun types of employee rewards for a happier workplace

It is imperative to cultivate a positive work environment in order to sustain employee satisfaction, increase morale, and encourage engagement. Fun and creative employee rewards programs help employees feel more connected to their organization while reinforcing company values. By incorporating recognition-based rewards, peer-to-peer recognition programs, and non-monetary rewards, businesses can make the workplace more enjoyable while keeping employees motivated.

Offering tangible rewards, public recognition, and team-based incentives encourages creativity, collaboration, and a strong sense of belonging. When employees experience meaningful recognition in fun and engaging ways, they are more likely to feel valued, stay motivated, and contribute to a thriving workplace culture.

15 fun types of employee recognition to boost workplace happiness

Building a positive and engaging workplace goes beyond offering traditional financial incentives. Incorporating interactive and creative recognition methods can make the work environment more dynamic while reinforcing a culture of appreciation. A well-structured employee rewards program that includes experiential rewards, social recognition, and team-based incentives helps employees feel valued and motivated.

Fun and engaging recognition initiatives, such as themed appreciation events, surprise rewards, and interactive gamification elements, can boost morale, encourage teamwork, and enhance employee satisfaction. By fostering an atmosphere where recognition is both meaningful and enjoyable, businesses can create a more connected and motivated workforce.

By incorporating public recognition, tangible rewards, and creative perks, companies can foster a culture where employees look forward to coming to work. Here are some exciting ways to make employee recognition programs more fun and impactful.

15 fun ways to recognize employees and boost happiness

1. Peer-to-peer shoutouts – Encourage employees to recognize employees publicly through a Slack channel, company newsletter, or social media.
2. Team outings and experiences – Reward employees with fun team outings like escape rooms, outdoor adventures, or themed lunches.
3. Surprise appreciation gifts – Offering personalized rewards, company swag, or experience-based incentives makes employees feel special.
4. Gamified rewards system – Implement a point-based employee rewards gift card system where employees earn points for achievements and redeem them for prizes.
5. Company-wide recognition events – Host regular award ceremonies to celebrate team efforts, innovation, and leadership.
6. Work-from-home perks – Provide remote employees with stipends for home office improvements, wellness benefits, or virtual team events.
7. Extra time off – Recognizing outstanding performance with additional PTO or a "surprise day off" supports work-life balance.
8. Career development rewards – Offering professional development opportunities, mentorship programs, or covering training costs motivates employees to grow.
9. Employee appreciation wall – Dedicate a space in the office or online to showcase employee achievements and public recognition.
10. Wellness and fitness incentives – Provide gym discounts, gym memberships, or wellness stipends to encourage a healthy lifestyle.
11. Casual dress or theme days – Let employees choose a fun dress code for a day to boost morale and engagement.
12. Lunch with leadership – Reward top performers with an exclusive lunch with executives to discuss career advancement opportunities.
13. Mystery rewards – Surprise employees with rotating perks like gift cards, concert tickets, or personalized gifts.
14. Social impact initiatives – Allow employees to donate part of their monetary rewards to a charity of their choice.
15. Flexible scheduling perks – Recognize employees with custom work schedules, half-days, or extended breaks as part of employee incentives.

By integrating fun types of employee rewards, companies can create an engaging and motivating workplace culture that enhances employee satisfaction and long-term retention.

5 cost-effective types of employee recognition and rewards

Employee recognition does not necessitate an exorbitant expenditure. Many companies, especially small businesses and startups, need cost-effective ways to implement an impactful employee rewards program while maintaining a positive workplace atmosphere. By leveraging recognition-based rewards, peer-to-peer recognition programs, and non-monetary rewards, organizations can show appreciation without exceeding their budget.

A well-structured employee recognition program can include creative, meaningful, and personalized employee incentives that enhance employee morale and engagement. The key is to focus on what truly makes employees feel valued—whether it's public recognition, flexible work arrangements, or professional growth opportunities.

How different types of employee rewards don't need to be expensive to be effective

A well-designed employee rewards program can make a meaningful impact without relying on costly incentives. Many organizations successfully boost engagement and satisfaction by incorporating personalized recognition, professional development opportunities, and team-based appreciation rather than focusing solely on financial rewards.

Employees value acknowledgment, career growth, and a supportive workplace culture, all of which can be achieved through thoughtful and cost-effective rewards. Without breaking the bank, simple programs like public acknowledgment, more vacation time, mentorship programs, and flexible work arrangements can significantly increase employee motivation and commitment.

By focusing on meaningful employee recognition programs, organizations can improve employee morale, increase retention, and align rewards with company values while keeping costs low.

5 cost-effective employee recognition and rewards ideas

1. Public recognition – Highlighting employee achievements through emails, newsletters, or social media increases employee motivation and engagement.
2. Flexible work arrangements – Allowing employees to adjust schedules, work remotely, or take half-days rewards performance while supporting work-life balance.
3. Professional development opportunities – Covering training costs, offering mentorship programs, or supporting career advancement shows long-term investment in employees.
4. Peer recognition programs – Encouraging peer-to-peer recognition programs fosters teamwork and a culture of appreciation without additional costs.
5. Wellness and lifestyle perks – Providing wellness benefits, access to gym memberships, or mental health resources supports employee well-being affordably.

By integrating thoughtful and cost-effective employee incentives, businesses can enhance employee satisfaction and foster a culture of appreciation without exceeding their budget.

Best types of employee rewards platforms for businesses

Choosing the right employee rewards platform is essential for implementing a successful employee recognition program that fosters employee satisfaction, improves employee morale, and enhances engagement. The best employee rewards programs offer a mix of monetary rewards, non-monetary rewards, and recognition-based rewards to create a well-rounded approach to appreciation.

A well-integrated employee rewards system simplifies peer-to-peer recognition programs, automates public recognition, and ensures that employees feel valued for their contributions. Whether a business is looking for performance-based rewards, team-based incentives, or professional development opportunities, the right employee rewards software makes recognition effortless and impactful.

Comparing top platforms for types of employee incentives and awards

With a wide range of employee rewards platforms available, businesses need to select solutions that align with their recognition strategy and company culture. The most effective platforms offer seamless integration, diverse reward options, and an intuitive user experience to ensure that employees feel genuinely appreciated.

A well-rounded rewards system should provide a mix of financial incentives, career development opportunities, and interactive recognition tools that engage employees in meaningful ways. By evaluating platforms that prioritize flexibility, automation, and personalization, companies can implement a scalable and impactful recognition program that keeps employees motivated and connected.

Below are some of the top employee recognition programs that support companies in building a positive work environment while enhancing employee satisfaction and engagement.

1. Matter

About Matter: Matter is a Slack-first and Teams-first employee recognition platform designed to simplify and amplify peer-to-peer recognition while fostering a culture of appreciation. The platform enables employees to send customizable kudos cards tailored to company values, milestones, or personal achievements. These cards can be customized for specific initiatives, creating a meaningful way to recognize colleagues. Feedback Friday automation ensures that recognition remains a consistent part of company culture, reinforcing employee engagement without extra effort.

Matter enhances employee satisfaction through its coin-based rewards system, allowing employees to redeem their earned coins for gift cards, charitable donations, or branded company merchandise. The platform also automates birthday and work anniversary celebrations, ensuring that employees are recognized for personal milestones without manual tracking. By embedding recognition into Slack and Microsoft Teams, Matter makes workplace appreciation effortless, helping to build a positive workplace atmosphere and stronger team connections​.

Matter main features:

• Customizable kudos cards for celebrating company values, achievements, and personal moments
• Automated Feedback Friday reminders for consistent weekly recognition
• Flexible coin-based reward system for gift cards, donations, and company swag
• Slack and Microsoft Teams integration for seamless recognition within workplace communication tools

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

To learn more, view Matter's pricing page.

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

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

What Matter customers are saying: "Matter helps our employees feel more valued, rewarded, and recognized. It's a very fun and easy-to-use platform that has created a positive experience and engagement for our people while also helping to reinforce our core values daily." - Taylor Rapp, Director of People & Culture at True Classic (Customer Story)​.

2. Nectar

About Nectar: Nectar is a flexible and customizable peer-to-peer recognition platform that helps organizations build a culture of appreciation through employee-driven rewards. The platform enables businesses to create tailored employee recognition programs that align with company values, ensuring employees feel valued for their contributions. With seamless integration into workplace tools like Slack and Microsoft Teams, Nectar's recognition system allows employees to give real-time recognition and earn rewards for their achievements​.

Nectar's extensive employee rewards system includes a wide selection of monetary and non-monetary rewards, from gift cards to charitable donations. The platform is designed to be scalable and budget-friendly, making it an excellent choice for companies looking to improve employee satisfaction and workplace engagement without requiring complex administrative efforts​.

Nectar's main features:

• Flexible and customizable peer-to-peer recognition programs
• Seamless integration with workplace tools like Slack and Microsoft Teams
• Wide selection of employee incentives, including gift cards, donations, and branded rewards
• Budget-friendly and scalable employee rewards system

Nectar pricing:

• Plus $5/user/month, billed annually
• Premium $6/user/month, billed annually
• Custom [Book Demo for Quote]
• $4,000 Minimum Annual Spend

To learn more, view Nectar's pricing page.

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

What Nectar customers are saying on G2: “I struggled to properly give points to my team members in the beginning. The provided graphics, while simple, didn't clearly define the order of operations to mention, assign points, and assign a hashtag to the post. Perhaps a short video or animation on the three step process would be helpful.” - Kelly S. (Customer G2 Review)

3. Bonusly

About Bonusly: Bonusly is a points-based employee recognition platform designed to make appreciation simple, engaging, and impactful. The platform enables peer-to-peer recognition, allowing employees to send points-based rewards that can be redeemed for gift cards, charitable donations, and custom rewards. With Slack and Microsoft Teams integration, Bonusly makes workplace recognition a natural part of everyday interactions​.

Bonusly helps businesses reinforce company values by providing structured employee rewards programs that align with company goals. Its built-in analytics tools offer insights into recognition trends, helping leaders improve employee satisfaction and engagement. The platform's gamification elements also boost participation, fostering a culture of appreciation across teams​.

Bonusly's main features:

• Points-based recognition system for interactive peer acknowledgment
• Slack and Microsoft Teams integration for seamless employee engagement
• Customizable employee incentives including gift cards, donations, and branded merchandise
• Recognition analytics tools to track trends and measure impact

Bonusly pricing:

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

To learn more, view Bonusly's pricing page.

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

Bonusly notable customers: MongoDB, Headspace, FinanceIt, Chobani, and Cerebral.

What Bonusly customers are saying: “We've used the service for years until it has slowly diminished in both quality and usability. We used to have a wider variety of rewards available, which has significantly shrunk to the point where we have one or to options available which are constantly in and out of service. At the time of writing the service is almost unusable and the Bonusly support team have done nothing in terms of informing or providing a clear path to a resolution.” - Verified User in Marketing and Advertising (Customer G2 Review)

4. Motivosity

About Motivosity: Motivosity is an innovative employee recognition platform that is intended to cultivate a culture of appreciation by means of social engagement, employee rewards programs, and peer-to-peer recognition. The platform combines recognition-based rewards with community-building features, ensuring employees feel valued and connected to their organization. Motivosity's recognition feed allows employees to give real-time appreciation, creating a transparent and engaging workplace culture​.

Beyond recognition, Motivosity provides a customizable employee rewards system, allowing employees to redeem points for gift cards, branded company merchandise, or charitable donations. The platform also includes engagement analytics tools to help companies track recognition trends and improve employee satisfaction. With integration into popular workplace tools, Motivosity streamlines the employee recognition process while promoting company values​.

Motivosity's main features:

• Recognition feed for real-time, interactive employee appreciation
• Customizable employee rewards system, including gift cards, donations, and branded rewards
• Integration with workplace tools for seamless peer recognition
• Analytics tools to track engagement and employee morale

Motivosity pricing:

• Standard: Contact for pricing
• Pro: Contact for pricing
• Custom: Contact for pricing
• Add-Ons: Communications, Spaces, Surveys, Meetings
• Minimum Annual Spend: $3,000

To learn more, view Motivosity's pricing page.

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

Motivosity's notable customers: Atlabank, Bosch, KPMG, WGU, GreatClips, Cotopaxi, FUJIFILM, Salerabit, ZionsBank​.

What Motivosity's customers are saying: "The UI is easy to navigate, this is very accessible to anyone end user of any skill level. The tool is mostly fluff. The useful parts of this tool (ie recognition and reward) already exist in either tools we use or other 3rd party tools, and anything unique about the tool is fluff, such as the personality matching.” - Verified User in Computer Software (Customer G2 Review)

5. Bucketlist

About Bucketlist: Bucketlist is a platform for employee appreciation and rewards designed to help organizations build a positive workplace atmosphere by offering meaningful, customizable rewards. The platform focuses on peer-to-peer recognition, allowing employees to celebrate achievements and contributions with monetary rewards, non-monetary rewards, and public recognition. With seamless integration into workplace tools, Bucketlist's employee rewards program encourages engagement while reinforcing company values​.

Bucketlist provides a scalable employee rewards system, enabling employees to redeem rewards for gift cards, experiences, and personalized incentives. The program aims to enhance staff morale and enhance workplace culture by offering a mix of performance-based rewards and team-based incentives. Whether recognizing individual accomplishments or celebrating team efforts, Bucketlist ensures that employees feel valued​.

Bucketlist’s main features:

• Peer-to-peer recognition programs that promote appreciation across teams
• Customizable employee incentives, including gift cards, travel experiences, and branded merchandise
• Integration with workplace tools for seamless adoption
• Scalable employee rewards system to fit businesses of all sizes

Bucketlist pricing: Pricing is not listed on the website. To learn more, view Bucketlist's pricing page.

Bucketlist G2 score: Bucketlist has a G2 score of 4.8/5 based on user reviews​.

Bucketlist's notable customers: Stamford Hospital Foundation, Orlando Magic, First Bank, 1-800-Got-Junk, Chick-fil-A​.

What Bucketlist's customers are saying: “Searchability in the website; the emails that look like rewards but only show a list of birthdays and anniversaries. The inability to capture those working hard when a lot of the work force does not sit at computers.. or even want to log into the system (not really a website issue, but how to use it). Major con from what I hear - the complicated nature on how to redeem the rewards. There are three different emails.. with different steps... and all bucket list emails get sent to Junk or your Other folder. For employees who are not on devices all day, they find it hard and not worth their effort to redeem their rewards.” - Verified User in Government Relations

6. Recognize

About Recognize: Recognize is a peer-to-peer recognition platform designed to help companies create a culture of appreciation and engagement. The platform allows employees to give customizable recognition badges that align with company values, providing a personalized and interactive recognition experience. Recognize also integrates with Microsoft Teams, Outlook, and Slack, ensuring that recognition becomes a natural part of workplace communication​.

Beyond recognition, Recognize includes an employee rewards system with options such as gift cards, charitable donations, and custom company-branded incentives. The platform also features leaderboards and analytics tools to track participation and measure the effects of employee recognition initiatives on employee morale and engagement​.

Recognize main features:

• Customizable recognition badges to align with company values
• Integration with Microsoft Teams, Outlook, and Slack for seamless workplace recognition
• Employee incentives, including gift cards, charitable donations, and custom rewards
• Leaderboards and analytics tools to track and measure employee engagement

Recognize 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)

To learn more, view Recognize's pricing page.

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

Recognize's notable customers: AT&T, Kaiser Permanente, Allstate, MetLife, AmeriCorps, DreamWorks, YMCA, Unum​.

What Recognize's customers are saying: “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.

7. WorkTango

About WorkTango: WorkTango is an innovative employee appreciation and engagement program aimed to improve company culture through peer-to-peer recognition programs, real-time feedback, and advanced analytics. The platform allows employees to celebrate achievements and provide constructive feedback, fostering a collaborative and inclusive work environment. WorkTango's built-in analytics help organizations measure the impact of recognition efforts, ensuring that employee satisfaction and engagement remain high​.

Beyond recognition, WorkTango offers a flexible employee rewards system that includes gift cards, charitable donations, and company-branded incentives. Companies can customize recognition initiatives to align with company values, ensuring that appreciation is meaningful and personalized. WorkTango seamlessly integrates with existing workplace tools, making it easy for organizations to implement a recognition-based rewards system that drives engagement and retention​.

WorkTango main features:

• Real-time feedback and recognition tools to enhance employee morale
• Customizable employee incentives, including gift cards, donations, and company-branded rewards
• Advanced analytics to track participation and measure recognition effectiveness
• Seamless integration with workplace communication tools for peer-to-peer recognition programs

WorkTango pricing: Pricing is not listed on the website. To learn more about pricing, you'll need to schedule a demo or sales call with WorkTango.

WorkTango G2 score: WorkTango has a G2 score of 4.6/5 based on user reviews.

WorkTango's notable customers: HUB, KIA, Goodwill, Rexall, and Accruent​.

What WorkTango's customers are saying: “Many bugs, inability to put in feature requests in a meaningful way, inability to add "all employees" to a perform cycle (must add individually or by department), lack of documentation or instruction on how to set-up a perform card or leverage modules for their best impact. Seems like there is a focus on certain tools (Feedback) but not on others (Perform) - not encouraging when we leverage perform the most out of all the modules. Also, an inability to use in-line GIF images in recognition module - a number of competitors offer this feature and it adds a lot of personality to the process.” - Verified User in Internet (Customer G2 Review)

8. Guusto

About Guusto: Guusto is a customizable employee recognition and rewards platform that enables businesses to deliver immediate, meaningful appreciation. The platform offers monetary rewards, such as digital gift cards and non-monetary incentives, to help businesses recognize employees in a way that aligns with their company values. Guusto is designed to simplify the employee recognition process, allowing managers and peers to send rewards in real time without the administrative hassle​.

Guusto's employee rewards system offers no markups and no hidden fees, ensuring that 100% of funds go toward rewards. The platform supports a global selection of gift cards, making it an ideal solution for remote and international teams. Additionally, Guusto's integration capabilities allow businesses to implement a customized rewards program that enhances employee engagement while keeping budgets in check​.

Guusto's main features:

• Instant, no-fee digital gift cards for seamless employee rewards
• Scalable employee recognition programs with peer-to-peer recognition
• Flexible redemption options with global gift card selection
• Customizable rewards system that aligns with company values

Guusto pricing:

• 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

To learn more, view Guusto's pricing page.

Guusto G2 score: Guusto has a G2 score of 4.9/5 based on user review​.

Guusto's notable customers: Carlton Cards, Bell Media, The Body Shop, DLA Piper, Harry Rosen, Marriott, Canada Life, Co-operators, and Edmonton Oilers​.

What Guusto's customers are saying: “I have only been using guusto for a little bit. The only thing I find I don't like is that when I log in it redirects me to the website instead of letting me log in via the app.” - Verified User in Hospitality (Customer G2 Review)

9. Snappy

About Snappy: Snappy is a gift-based employee recognition platform designed to make workplace rewards more engaging and personalized. The platform allows businesses to send customized gifts to employees instead of traditional monetary rewards, ensuring a more meaningful and memorable recognition experience. With its intuitive design, Snappy enables organizations to create a seamless and interactive rewards program that enhances employee satisfaction and company culture​.

Snappy provides a wide selection of curated gifts, allowing employees to choose rewards that suit their preferences. The platform also supports automated gifting, making it easy for companies to recognize employees on birthdays, work anniversaries, and special occasions. Snappy integrates with Slack, Microsoft Teams, and HR software, ensuring that recognition is a core part of daily work life​.

Snappy main features:

• Customizable gift-based rewards system to personalize recognition
• Automated employee recognition programs for birthdays and milestones
• Integration with Slack, Microsoft Teams, and HR platforms
• Curated gift selection offering employees a variety of rewards

Snappy pricing:

• Essential: $0/year
• Elevated: $999/year
• Enterprise: Talk to sales for pricing

To learn more, view Snappy's pricing page.

Snappy G2 score: Snappy has a G2 score of 4.9/5 based on user reviews​.

Snappy's notable customers: Luxottica, Chili Piper, Medallia, Zapier, T-Mobile, and eBay​.

What Snappy's customers are saying: “My only gripe with Snappy is the UI. From a recepients point of view it's great but as an organizer and admin on our Snappy platform I wish it was easier to search for specific kinds of gifts when I'm looking for one particular item. While I realize that use case isn't Snappy's primary purpose it would be helpful for those niches cases like mine.” - Kyle F., Field Marketing Advisor

10. Terryberry

About Terryberry: Terryberry is a comprehensive employee recognition platform that helps companies implement peer-to-peer recognition programs, service awards, and customized employee rewards systems. The platform enables businesses to recognize employees through tangible rewards, custom gift programs, and performance-based awards, fostering a culture of appreciation and engagement​.

Terryberry offers a customizable rewards catalog, providing a selection of gift cards, branded merchandise, and experience-based incentives. The platform offers performance tracking and analytics, enabling firms to assess the efficiency of employee recognition programs and match them with company values.

Terryberry main features:

• Peer-to-peer recognition programs for employee appreciation
• Customizable gift catalog with monetary rewards and non-monetary rewards
• Service award programs to recognize employee milestones
• Advanced analytics and performance tracking to measure engagement

Terryberry pricing: Pricing is not listed on the website. To learn more about pricing, you'll need to schedule a demo or sales call with Terryberry.

Terryberry G2 score: Terryberry has a G2 score of 4.6/5 based on user reviews.

Terryberry's notable customers: TESCO, Unilever, Little Caesars, Land Rover, Jaguar, Ford, Discount Tire, Bentley​.

What Terryberry's customers are saying: "We've had a lot of login issues with our website. Often the site crashes and you have to reload it. I also wish there was a buy up option for points, so if an employee was short, they'd be able to get what they want. There is a lot of items on the site, but we would always enjoy more options.” - Verified User in Transportation/Trucking/Railroad

Features that make types of employee rewards programs successful

A well-structured employee rewards program goes beyond simply offering monetary rewards—it must align with company values, encourage participation, and foster employee satisfaction. Successful employee recognition programs integrate peer-to-peer recognition, performance-based rewards, and non-monetary rewards to create a workplace culture where employees feel valued and motivated.

Companies that implement recognition-based rewards effectively see improved employee morale, reduced turnover, and higher engagement. The key to a successful employee rewards system is ensuring that recognition is timely, meaningful, and accessible for all employees.

Key features of a successful employee rewards program:

• Clear alignment with company values – Rewards should reinforce behaviors that support company culture and organizational goals.
• Peer-to-peer recognition opportunities – Encouraging peer-to-peer recognition programs fosters collaboration and a stronger team dynamic.
• Flexible reward options – Offering a mix of monetary incentives, non-financial rewards, and tangible rewards ensures all employees feel appreciated.
• Integration with workplace tools – A seamless employee rewards system should integrate with Slack, Microsoft Teams, and HR platforms for easy accessibility.
• Personalized and meaningful rewards – Employees should have the ability to choose gift cards, charitable donations, or company-branded rewards based on their preferences.
• Regular and consistent recognition – Using automated tools like Feedback Friday automation ensures that recognition becomes a continuous habit.
• Real-time and on-the-spot rewards – Instant recognition enhances engagement by allowing employees to celebrate achievements as they happen.
• Robust reporting and analytics – Tracking employee engagement through recognition-based rewards provides insights into program effectiveness and areas for improvement.

A well-designed employee rewards program improves workplace culture, increases retention, and ensures that employees feel valued in their roles.

How Matter enhances types of employee rewards programs

A successful employee rewards program combines recognition-based rewards, monetary incentives, and a culture of appreciation to keep employees engaged. Matter enhances this experience by integrating directly into Slack and Microsoft Teams, allowing employees to recognize and reward their peers effortlessly.

With features like customizable kudos cards, a coin-based rewards system, and automated milestone celebrations, the platform ensures that recognition is consistent, meaningful, and aligned with company values. By making appreciation a natural part of daily interactions, businesses can foster a positive workplace atmosphere where employees feel valued, motivated, and connected to their organization's success.

Why Matter offers the best types of employee recognition and rewards

Organizations need an employee rewards system that is easy to use, scalable, and designed for long-term impact. Matter provides:

• Customizable kudos cards – Enables employees to give recognition that reflects company values and workplace culture.
• Seamless integration – Works within Slack and Microsoft Teams, making recognition a part of daily communication.
• Coin-based reward system – Employees can earn and redeem monetary rewards such as gift cards, charitable donations, or company swag.
• Automated Feedback Friday reminders – Encourages consistency in peer-to-peer recognition and appreciation.

With these features, Matter makes it easy for organizations to implement recognition-based rewards that keep employees motivated and engaged.

How Matter's types of employee rewards software improves performance

A well-structured employee rewards program should drive performance by reinforcing positive behaviors and encouraging employee engagement. Matter enhances employee motivation by:

• Providing real-time recognition – Employees feel appreciated instantly, which leads to higher morale and productivity.
• Encouraging a culture of appreciation – Consistent recognition fosters teamwork and boosts employee morale.
• Offering meaningful incentives – Employees are more motivated when they can choose from a variety of tangible rewards that matter to them.
• Tracking engagement and analytics – Matter's reporting tools provide insights into how recognition-based rewards impact company culture and performance.

Benefits of using Matter's types of employee incentives for engagement

Employee engagement is key to workplace success, and Matter's employee rewards program offers benefits that keep employees invested in their roles:

• Increased participation – Automated features ensure that recognition becomes part of daily operations.
• Stronger team collaboration – Peer-to-peer recognition programs encourage employees to support and appreciate each other.
• Higher retention rates – Employees who receive meaningful recognition are more likely to stay with their company long-term.
• Greater alignment with company culture – Matter's rewards and recognition system ensures that appreciation is connected to company values.

By leveraging Matter's employee incentives, businesses can create a more engaged workforce and a positive company culture that prioritizes recognition and appreciation.

Acknowledge your team with types of employee rewards

The platform offers performance tracking and analytics, enabling firms to assess the efficiency of employee recognition programs and match them with company values. A well-structured employee rewards program encourages employees to stay engaged, feel valued, and contribute their best work. By integrating peer-to-peer recognition programs, monetary rewards, and non-financial rewards, organizations can build a culture where appreciation is at the core of daily operations.

With platforms like Matter, businesses can streamline their employee recognition programs, making celebrating achievements easier, reinforcing performance, and boosting morale. A successful reward system should be consistent, meaningful, and aligned with company goals to maximize impact.

How to implement the best types of employee rewards programs

A strong employee rewards system requires careful planning and execution. Here's how companies can successfully implement recognition-based rewards:

• Define clear objectives – Identify key performance indicators that will be reinforced through employee incentives.
• Use a mix of rewards – Offer a combination of monetary rewards, tangible rewards, and intrinsic rewards to cater to diverse employee preferences.
• Leverage technology – Utilize platforms like Matter for seamless peer-to-peer recognition programs and automated public recognition.
• Encourage participation – Make recognition-based rewards accessible to all employees to foster engagement at every level.
• Measure and adjust – Regularly track the effectiveness of the employee rewards program and optimize based on feedback.

The impact of different types of employee rewards on workplace productivity

When implemented correctly, types of employee rewards have a direct impact on workplace productivity by:

• Boosting employee morale – Employees who receive regular recognition through peer-to-peer recognition programs are more motivated.
• Improving retention rates – Engaged employees who feel valued through recognition-based rewards are less likely to seek opportunities elsewhere.
• Encouraging collaboration – Team-based incentives promote a culture of teamwork and shared success.
• Enhancing job satisfaction – Employees are more satisfied when their contributions are acknowledged through public recognition and meaningful rewards.

How to structure types of employee recognition for long-term success

A sustainable employee recognition program should be structured to evolve with company growth and workforce needs. Here's how organizations can ensure long-term success:

• Create a culture of appreciation – Recognition should be an ongoing practice, not a one-time event.
• Provide personalized rewards – Employees should have the flexibility to choose from gift cards, charitable donations, and company-branded incentives.
• Ensure consistency – Regular recognition through Feedback Friday automation and other tools reinforces positive behaviors.
• Align rewards with company values – Recognition should reflect and strengthen the core principles of the organization.
• Use analytics to refine strategy – Tracking participation in employee incentives helps businesses fine-tune their approach for maximum effectiveness.

By structuring employee rewards programs with these key elements, businesses can drive employee engagement, create a culture of appreciation, and achieve long-term workplace success.

FAQs about types of employee rewards

Q: What are the most effective types of employee rewards for increasing engagement?

A: The most effective employee rewards programs include a mix of monetary rewards, non-financial rewards, and recognition-based rewards. Platforms like Matter enhance engagement by offering peer-to-peer recognition programs, customizable kudos cards, and performance-based rewards that align with company values.

Q: How do types of employee recognition programs improve workplace culture?

A: Employee recognition programs foster a positive workplace atmosphere by making appreciation a regular part of company culture. Recognizing employees through public recognition, team-based incentives, and tangible rewards helps reinforce core values and encourage collaboration.

Q: What are the benefits of using a structured employee rewards system?

A: A structured employee rewards system ensures that recognition is consistent, meaningful, and accessible. Companies using employee rewards platforms like Matter benefit from increased employee satisfaction, improved retention, and higher productivity.

Q: How do peer-to-peer recognition programs contribute to employee morale?

A: Peer-to-peer recognition programs encourage employees to celebrate each other's contributions, promoting employee engagement and strengthening team relationships. Platforms that integrate recognition-based rewards into daily workflows ensure that appreciation is continuous and impactful.

Q: What role do monetary and non-monetary rewards play in employee motivation?

A: Monetary incentives, such as gift cards and bonuses, provide immediate motivation, while non-monetary rewards, such as career advancement opportunities and flexible work arrangements, support long-term employee growth. A well-balanced employee rewards program incorporates both to maintain high levels of engagement.

Q: How can firms evaluate the efficacy of their employee reward programs?

A: Organizations can track the effectiveness of their employee rewards programs by analyzing engagement metrics, participation rates, and retention trends. Platforms like Matter offer built-in analytics tools to help businesses assess the impact of their recognition-based rewards and make data-driven improvements.

Final thoughts on types of employee rewards

Implementing the right types of employee rewards is essential for fostering employee satisfaction, increasing engagement, and creating a positive workplace atmosphere. A well-structured employee rewards program should include a combination of monetary rewards, non-monetary rewards, and recognition-based rewards to ensure employees feel valued and motivated.

By leveraging platforms like Matter, companies can streamline their employee recognition programs, making it easier to integrate peer-to-peer recognition, performance-based rewards, and customized incentives into their workplace culture. An effective employee rewards system not only improves employee morale but also strengthens company values and promotes long-term retention.

Recap of the best types of employee recognition and rewards for businesses

• Peer-to-peer recognition programs – Encouraging employees to recognize one another builds a culture of appreciation.
• Monetary incentives and performance-based rewards – Bonuses, gift cards, and tangible rewards provide immediate motivation.
• Flexible and customizable rewards – Employees should have the option to choose from various recognition-based rewards that align with their preferences.
• Work-life balance perks – Offering flexible work arrangements and professional development opportunities enhances long-term engagement.
• Team-based incentives – Recognizing team efforts fosters collaboration and strengthens relationships.

Why types of employee rewards are essential for a successful workplace culture

An effective employee rewards program fosters a healthy business culture in which people feel valued, engaged, and driven to perform to their full potential. By integrating recognition-based rewards into daily operations, businesses can ensure that appreciation is not just an occasional event but a continuous part of workplace interactions.

Companies that prioritize employee incentives and employee recognition programs see higher productivity, stronger team dynamics, and improved retention. Investing in an effective reward system is not just about motivating employees—it's about building a thriving workplace where people feel appreciated and empowered.

Ready to elevate employee recognition?

A strong employee rewards program is the key to boosting employee morale, increasing job satisfaction, and fostering a positive workplace atmosphere. With Matter, businesses can seamlessly implement peer-to-peer recognition programs, monetary and non-monetary rewards, and customized incentives to keep employees engaged and motivated.

Ready to transform your company culture? Schedule a demo with a Matter expert today and discover how recognition-based rewards can drive performance, retention, and long-term success!