Bonusly
EngagementPeer-to-peer recognition and rewards platform for employee engagement.
Overview
Bonusly is an employee recognition and rewards platform that enhances workplace culture through peer-to-peer recognition using microbonuses. The platform democratizes recognition by allowing all employees to recognize and reward peers, not just managers, with integration into workplace tools like Slack and Microsoft Teams. Over 3,400 companies including DoorDash, Toast, and SeatGeek use Bonusly.
Pros & Cons
Pros
- ✓Peer-to-peer recognition fostering inclusive workplace culture
- ✓Microbonus system enabling frequent, real-time recognition
- ✓Global reward catalog accommodating diverse preferences
- ✓Seamless integration with Slack, MS Teams, and HR systems
- ✓Transparent pricing with three clear tiers
- ✓Users receive recognition 5x per month on average
Cons
- ✗Analytics and reporting features relatively underdeveloped
- ✗Reward catalog lacks in-person experiences and physical goods
- ✗Mobile app missing some desktop features
- ✗Fewer integration options compared to some competitors
- ✗Additional costs for rewards beyond subscription fees
Who Should Use This?
Best For
- →Organizations wanting to democratize recognition beyond managers
- →Remote teams needing frequent recognition touchpoints
- →Companies prioritizing peer-to-peer culture
- →Businesses with global, distributed workforces
- →Teams wanting data on collaboration and team dynamics
Not Ideal For
- →Organizations needing advanced analytics and reporting
- →Companies preferring physical rewards and in-person experiences
- →Businesses with tight budgets (rewards cost extra)
- →Teams requiring extensive third-party integrations
Key Features
Implementation
Implementation is quick and user-friendly. Platform integrates with major workplace tools and HR systems. Automated milestone celebrations and customizable incentives simplify program management.
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Quick Info
Three pricing tiers (billed annually): Standard ($2/user/month), Pro ($5/user/month), and Enterprise ($7/user/month). Additional costs for rewards. Pro includes dedicated account manager and advanced features.
📋 Implementation Guide
Step-by-step guide to implementing Engagement software
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