Bonusly helps teams improve engagement and adopt the behaviors that set them, and their organization, up for long-term success. It is used to make recognition meaningful and habitual, and to help organizations build cultures where people want to stay and grow together. The vendor states that more than 3,400 global organizations, including DoorDash, Toast, Seat Geek, and Magna-Tiles, use Bonusly’s recognition to see what recognition done right can achieve.
N/A
Nectar
Score 10.0 out of 10
N/A
Nectar is a cloud-based employee recognition platform. It features monetary and social recognition that can be provided in a peer-to-peer and a manager-to-peer manner.
$2.75
per month (billed annually) per user
Pricing
Bonusly
Nectar
Editions & Modules
Appreciate
Custom
per year per seat
Connect
Custom
per year per seat
Achieve
Custom
per year per seat
Standard
$2.75
per month (billed annually) per user
Standard
$3.00
per month per user
Plus
$4.00
per month (billed annually) per user
Plus
$4.50
per month per user
Offerings
Pricing Offerings
Bonusly
Nectar
Free Trial
Yes
No
Free/Freemium Version
No
Yes
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Custom enterprise pricing includes every Core & Pro feature, plus:
- 99% guaranteed uptime SLA
- Dedicated support and consultation team
- Launch strategy and rollout support
- Manager resources and training
Volum discounts are available for companies with 500+ employees
Bonusly has provided us a formal space to post recognition. While face to face recognition still occurs, this is a place where staff can post publicly or privately, but a majority choose public. It has been incredibly popular since our implementation. Staff love the ability to earn time off through recognition. That customized redemption is our most popular reward.
If you are a US based company only (or maybe just US and Canada or UK) the product works particularly well. I think it makes more sense to provide gifts rather than gift cards as rewards, as people don't really cash out the gift cards. Since Nectar didn't have this functionality in Germany, the platform wasn't ideal. People did provide and receive feedback but didn't really use the reward capabilities. It also would have been nice to have a way to provide the feedback directly from slack without going into the Nectar platform.
Moderation. The freedom to post anything for recognition can get out of hand depending on your tolerance/company culture. There are very little to no tools around better this.
Bonusly has not done much in the way of adding features. Hard to call it a con but other similar platforms have extended into allowing more directed involvement from the organization. In other words: Bonusly is a little TOO hands-off in some ways.
Bonusly is easy to use and intuitive for anyone familiar with technology and using websites. There is a page where posts are made, and a page where rewards are redeemed. It is very straightforward.
the cost was [the] main factor for us. I think the platforms are very similar. Bonusly is one focused on just employee recognition which is great and concise. BlueBoard offers a lot more by way of experiences and gift-giving for recognition but on the pricier side.
We eventually decided to switch back to Lattice. We liked Nectar because it was an all in one feedback & gifting platform, but ultimately switched to Lattice paired with Snappy gifts for gifting as Snappy is able to provide physical gifts in US and Germany, and Lattice provides us other capabilities besides feedback such as performance reviews, engagement surveys, hosting 1:1s, utilizing competencies...
