Employee appreciation is crucial for maintaining a positive work environment and boosting employee morale. By exploring Awardco competitors, you can find unique ways to show your team members how much you value their hard work and dedication. Awardco is already one of the most recognized platforms for showing employee appreciation, but by learning about their competitors, you can expand your options for rewarding your employees. Keep reading to discover the top competitors and analyze the benefits they offer for your employee appreciation program.
What Is Awardco?
Awardco is an HR solution designed to make recognition and rewarding employees simpler and more effective. With the purpose of driving behavior and building a culture within organizations, Awardco is a leader in the Employee Recognition category. Founded in 2015, Awardco boosts employee engagement and simplifies rewarding with incentivized programs through Amazon Business. With Amazon integration, businesses can provide employees with access to millions of items for redemption through Amazon.
Leveraging Amazon's Global Network for Employee Rewards
Using Amazon’s trusted global network, employees have access to millions of products to choose from, with zero markups. Also, their incentive program gives employees the flexibility to earn their own rewards.
Customizable Points-Based Incentive Programs with Awardco
Awardco functions on a points-based system. You decide how many points get allocated to your employees and for what purpose. Employees can redeem these points for gift cards, products, and other rewards. Because the platform is user-friendly and highly customizable, you can design a program that suits your unique work environment and company culture.
Related Reading
• Employee Appreciation Day • Employee Appreciation Week • Employee Appreciation Month • Employee Appreciation Gifts
7 Best Awardco Features
1. Build your company swag store
Awardco offers the functionality to set up your own company swag store, where employees can choose the items they want. These products are shipped directly to them, with no shipping costs in the US.
2. Recognition Tracking
Awardco enables tracking the number and types of recognition that individuals, teams, departments, or the entire company give or receive within a specific period. This feature allows organizations to monitor and analyze the effectiveness of their recognition programs
3. Points and Rewards
Awardco provides a points-based system that allows users to earn points for their achievements and redeem them for rewards of their choice. This feature adds a gamification element to recognition, making it more engaging and motivating for employees
4. Manager-to-Peer Recognition
Awardco allows managers to acknowledge, nominate, recognize, and reward employees through various means such as awards, digital badges, points, or messages. This feature facilitates a culture of appreciation and strengthens relationships between managers and their teams
5. Social Recognition
Awardco offers social recognition features that enable individual recognition to be broadcast among team members and managers through a social network-like feed or a customizable web portal. This fosters a sense of community and encourages a culture of appreciation within the organization
6. Peer-to-Peer Recognition
Awardco allows employees to acknowledge each other through digital badges, awards, or messages. This peer-to-peer recognition feature empowers employees to appreciate their colleagues' efforts and contributions, promoting a collaborative and supportive work environment
7. Customization
Awardco provides customization options that allow organizations to tailor the system to meet their specific industry needs. This feature ensures that the recognition programs are aligned with the organization's goals and values, enhancing their effectiveness and relevance.
Related Reading
• Employee Recognition Write-up Examples • Staff Appreciation Gifts Under $5 • Employee Appreciation Message • Employee Appreciation Ideas For Large Companies • Employee Appreciation Activities • Appreciation Email To Employee • Employee Appreciation Games • Employee Appreciation Food Ideas • Employee Appreciation 2024 • Thanksgiving Employee Appreciation • Virtual Employee Appreciation Ideas • Employee Appreciation Day Themes • Office Diy Employee Appreciation Gifts
Why Consider Awardco Alternatives?
1. Limited Gift Card Options
Awardco only works with Amazon for gift cards, which may limit the variety and flexibility of reward options for some companies and employees.
2. High Prices on Some Rewards
Some users reported that prices on certain rewards offered by Awardco are high or inflated compared to retail prices, potentially impacting the cost-effectiveness of the platform for companies with budget constraints.
3. Lack of Free Trial
Awardco does not offer a free trial, making it challenging for companies to test the platform's suitability and functionality before committing to a subscription.
4. Mobile App Accessibility
The Awardco mobile app is only available as a Progressive Web Application, not from traditional app stores like the App Store or Google Play. This may be less intuitive for some users who prefer native mobile applications.
Top 15 Awardco Competitors & Alternatives With Same Or Similar Solutions
1. Giftpack
At Giftpack, our driving force is to simplify the corporate gifting process while maximizing the impact of each gift. Utilizing our custom AI algorithm, we create highly customized scenario swag box options for you. We do global delivery and have an extremely user-friendly platform. We curate the most fitting gifts from a vast catalog of over 3.5 million products worldwide (which is ever-increasing).
By carefully considering an individual's basic demographics, preferences, social media activity, and digital footprint, we tailor each gift selection process regardless if the recipient is an employee, a customer, a VIP client, a friend, or a family member. With a wide range of locally and globally sourced gifts, we ensure that personalized gifting is accessible and achievable on a large scale, delivering meaningful connections across the globe.
Make employee appreciation easier with Giftpack — try Giftpack for free today.
2. Guusto
With Guusto, you can reward outstanding achievements, automate milestone event celebrations, and recognize employees’ contributions to your company’s success. You can create a free Guusto starter account, allocate rewards, and use the recipients’ reviews to streamline your rewards program to better meet your staff’s needs. Rewards are dollar-based, at a rate of dollar for dollar, so there’s no confusion about converting points. Printable rewards are also available.
By collating your rewards and recognition in one place, Guusto easily incorporates onboarding programs, wellness programs, performance goals, and peer-to-peer shoutouts. Schedule your employee gift card rewards, redeemable at over a hundred merchants and accepted at thousands of global merchant locations. That makes Guusto suitable for recognizing and rewarding your remote teams too. Send these gift cards individually or in bulk. Plus, any unclaimed rewards can be credited back to you, so there are no more wasted funds.
3. Fond
Need a platform that allows employee awards and promotes peer-to-peer recognition? One with a simple, points-based rewards system where the points never expire? Consider Fond, a platform offering rewards, recognition, pre-negotiated employee discounts, and performance analytics/reporting.
Fond’s range of rewards can be customized to suit your business needs and align with your workplace culture. Employees can choose from products, gift cards, and company-branded swag items. Or they can choose to donate their points to a charitable organization. Fond’s global social feed lets your staff add comments to recognition posts, which are visible to your entire workforce worldwide. The social interaction aspect further enhances the company culture and peer-to-peer recognition.
4. Vantage Circle
Vantage Circle is a SaaS platform that offers Vantage Rewards, a system of stimulating productivity and engagement through digital gifting and rewards. The points-based cloud-based system operates globally and includes budget management, spot rewards, automated monthly awards, and incentives. Social integrations are possible, but unfortunately, these are only available as add-ons for the two lower-tier plans.
Three plans are available with different pricing and features, suitable for companies of various sizes. All Vantage Circle plans allow your employees to choose Amazon store product gift vouchers, experiences, and branded merchandise. Native currency redemption and analytics are offered across all plans, making rewarding employees at branches worldwide a breeze. It also enables you to give recognition to your remote work teams, wherever they may be.
5. Achievers
Achievers delivers an Employee Success Platform that enables social recognition and increases employee engagement. The platform goes beyond simple thank-you programs, inspiring employees to recognize each other daily, everywhere, and in various tools they already use. Achievers facilitates recognition through a mobile app or desktop platform, making it easy for employees to recognize peers, celebrate important moments, and choose personalized rewards from a global marketplace.
The platform's high active usage and industry-leading capabilities help organizations improve employee listening, connection, well-being, learning, and inclusion initiatives, ultimately driving performance and retention.
6. Bonusly
Bonusly provides a tool for cultivating high-performing and motivated teams through peer-to-peer recognition. The platform focuses on creating a culture of appreciation by enabling employees to recognize each other's contributions, fostering teamwork, and boosting morale. Bonusly offers features like rewards, mobility, reporting, dashboard, automation, and more to enhance employee recognition and engagement.
By encouraging peer-to-peer recognition, Bonusly aims to drive positive behaviors, increase employee satisfaction, and strengthen team dynamics within organizations.
7. Workhuman
Workhuman offers an integrated social recognition and continuous performance management platform. This platform combines social recognition with performance management tools to create a cohesive employee experience. Workhuman enables organizations to recognize and reward employees for their contributions, align recognition with core company values, and drive engagement and productivity. The platform's focus on social recognition and continuous performance management helps organizations build a positive work culture, improve employee satisfaction, and drive performance outcomes.
8. Motivosity
Motivosity provides a SaaS solution aimed at helping companies create cultures of appreciation, connectedness, and innovation. The platform focuses on fostering a culture of appreciation by encouraging frequent recognition, rewards, and awards that make employees feel valued, supported, and connected. Motivosity's features include social recognition, gamification, and peer-to-peer recognition to enhance employee engagement and motivation.
By promoting appreciation and connectedness, Motivosity aims to reduce employee turnover, drive productivity, and create a positive work environment within organizations
9. Applauz Recognition
Applauz Recognition boosts company culture, reduces employee turnover, and drives productivity with its recognition platform. The platform focuses on creating a positive work environment by celebrating employee achievements, fostering a sense of belonging, and increasing employee engagement.
Applauz Recognition offers features like social recognition, rewards, and awards to motivate employees, improve retention rates, and enhance overall productivity. By emphasizing recognition and appreciation, Applauz Recognition aims to create a culture of recognition that positively impacts employee satisfaction and organizational success.
10. Goody
Goody is a comprehensive platform made for business gifting with which you can send individual gifts or multiple rewards with just a name and an email. Adapt your employees’ experience by customizing the message they receive. Just choose from a range of stylish cards and add a personalized message fitting the occasion.
Employees can swap gifts for ones they prefer, and once they’ve made a selection, they will be prompted for their shipping info. You can track all activity in your company’s Goody dashboard, making it easy to see how many gifts have been accepted, opened, delivered, etc. With automated gifting, custom gift boxes, and even company swag, you can celebrate milestones like work anniversaries and birthdays, give spot rewards, or just show recognition for hard work.
11. Snappy Gifts
Snappy makes corporate gifting, rewards, and recognition simple. Browse collections of expertly curated gifts or categories covering different occasions. Send gift choices to your employees, who can pick what they want.
You don’t even need to give their address. Simply send the reward in a link or text to their email, and they can supply their shipping information (if necessary) once they’ve chosen a gift. Personalize the experience with your unique greeting, or enhance the brand visibility with your company logo. Employees may also send thank you notes through the platform and share what they liked about their gifts.
12. Kudos
Kudos enables team members to communicate, recognize, and appreciate each other. The platform provides a user-friendly interface for employees to send and receive kudos, fostering a culture of appreciation and recognition. Employers can use Kudos to align recognition with company values, track recognition trends, and measure the impact of their recognition programs.
13. Wallit
Wallit provides a digital wallet for managing employee expenses, corporate benefits, and workplace rewards. The platform simplifies expense management by allowing employees to access and manage their benefits and rewards in one place. Employers can use Wallit to streamline expense reimbursement, offer personalized benefits, and reward employees for their contributions.
14. 15Five
15Five equips HR teams with a complete solution to improve manager effectiveness, drive high performance, and increase retention. The platform includes features such as check-ins, feedback, and goal tracking, enabling managers to provide ongoing support and guidance to their teams. Employees can use 15Five to set goals, receive feedback, and track their progress, contributing to their professional development and growth.
15. Tango
Tango offers rewards and payments solutions. The platform provides a range of rewards options, including gift cards, merchandise, and experiences, allowing employers to recognize and reward employees for their achievements. Tango also offers payment solutions for businesses, simplifying financial transactions and improving cash flow.
5 Best Practices For Recognition Programs
1. Define clear recognition program objectives and criteria
Understanding the aim of recognition and how it aligns with organizational goals is crucial in the early planning stages. It’s essential to define the behaviors or actions that should be rewarded. The connection between these behaviors and business performance should be made clear.
Recognition should be linked to organizational value and should reward behaviors based on business goals. The praise should be public and linked to a tangible reward or experience. Regular recognition is key. Recognition should not always be top-down; peer-to-peer recognition can be even more effective.
2. Use a multifaceted rewards and recognition program
It is important to realize that employees don’t always prefer monetary rewards. Research has shown that a varied approach to recognition, relying on both praise and emblematic recognition and token and monetary rewards, can effectively reinforce desired employee behaviors. It is important to recognize the difference between extrinsic and intrinsic motivation in the workplace to understand the different types of recognition employees may value.
3. Give employees a voice and a choice
Engage employees to understand what type of rewards they prefer. This is true even for monetary rewards. Make sure that employees would use and enjoy the products or services from the business where their rewards are coming from. Collect feedback and preferences from employees regarding potential rewards. Allowing employees to have a say in rewards redemption can make recognition more enjoyable and meaningful.
4. Ensure effective implementation and roll-out
When introducing a new recognition program, clear communication is key. Employees should understand the purpose of the program, how to use it, and when it will be put into action. Management alignment is important to demonstrate that the program is taken seriously.
Recognition should align with organizational objectives, and visibility of recognition is vital, especially at the beginning of the program. Utilize existing team meetings and communication channels for reinforcement.
5. Measure your recognition program’s effectiveness
A key aspect of any recognition program is measuring its effectiveness. Use tools like employee net promoter score to gauge the impact of recognition on factors such as employee engagement and morale.
Look at how the program influences other areas in the organization like performance, productivity, and turnover. Use data from the recognition program to make informed decisions. Gathering feedback regularly helps to adjust the program for better results and facilitate collaboration where needed.
Related Reading
• Vantage Circle • Best Employee Recognition Software • Reward Gateway • Nectar Recognition • Employee Appreciation Gift Boxes • Kudoboard Alternative • Employee Appreciation Software • Alternatives To Kudoboard • Workhuman Competitors • Reward Gateway Pricing • Perkbox Alternatives • Bonusly Vs Nectar • When Is Employee Appreciation Week
Why Giftpack Is A Better Awardco Alternative — Try Giftpack For Free Today!
Giftpack's driving force is to simplify the corporate gifting process while maximizing the impact of each gift. Utilizing our custom AI algorithm, we create highly customized scenario swag box options for you. We do global delivery and have an extremely user-friendly platform. We curate the most fitting gifts from a vast catalog of over 3.5 million products worldwide (which is ever-increasing).
By carefully considering an individual's basic demographics, preferences, social media activity, and digital footprint, we tailor each gift selection process regardless if the recipient is an employee, a customer, a VIP client, a friend, or a family member. With a wide range of locally and globally sourced gifts, we ensure that personalized gifting is accessible and achievable on a large scale, delivering meaningful connections across the globe.
Make employee appreciation easier with Giftpack — try Giftpack for free today.