Rewards Management
A rewards system should encourage growth at all levels. If only top performers feel valued, others disengage.
Our solution ensures that every employee, regardless of their current level, sees a clear connection between effort, growth, and recognition — driving motivation across the board.
Continuous Recognition & Merit-Based Growth
Our evaluation methodology is designed for regular, short-interval assessments — typically every month. These reviews are lightweight, taking just two minutes to complete, ensuring minimal disruption to daily work.
After each evaluation, employees earn Merit Coins based on their performance, which accumulate in a virtual wallet. Additional Merit Coins can be awarded through incentives (e.g., referrals) or special occasions (e.g., work anniversaries).
High performers can earn enough in a year to redeem significant monetary rewards, while lower performers, though earning at a slower rate, can still accumulate coins over time, ensuring that everyone stays motivated to improve.
A Personalized Rewards Marketplace
Employees can use their Merit Coins in a dynamic rewards marketplace featuring a variety of options, including monetary rewards (cash vouchers, ...), physical goods (electronics, gift cards, ...), and unique benefits (reserved parking, dinner with the CEO, ...).
Since different employees value different types of rewards, this diverse selection ensures a meaningful and motivating experience for everyone.
A set of customizable rules helps align rewards with organizational policies, allowing restrictions based on job role, purchase history, and other relevant criteria.
Motivation & Fairness for All Employees
By giving employees control over their rewards, the system fosters empowerment and motivation at every level. Even lower performers, while earning at a slower pace, still have access to desirable rewards, encouraging long-term engagement and effort.
The built-in flexibility ensures that organizations can tailor the marketplace to their policies and culture, making the rewards system both fair and effective in driving performance and retention.
Benefits
For the Organization
- Boosts Employee Engagement, a fair and transparent system keeps employees motivated and committed.
- Encourages Productivity, merit-based incentives drive better performance across all levels.
- Promotes Fairness & Transparency, employees understand how rewards are earned, reducing frustration and bias concerns.
- Enhances Retention, employees are less likely to leave when they feel recognized and rewarded.
- Fosters a Positive Work Culture, encourages collaboration, growth, and a sense of achievement.
For Employees
- Fair & Continuous Recognition regular evaluations ensure ongoing acknowledgment of contributions.
- Flexibility in Rewards, employees choose rewards that matter most to them, whether cash, goods, or experiences.
- Long-Term Motivation even lower performers can accumulate Merit Coins over time, keeping them engaged.
- Encourages Career Growth transparent reward distribution fosters a culture of continuous improvement.
- Increased Job Satisfaction feeling valued and rewarded improves morale and motivation.
Check out some other features
Skills Management
Comprehensive system for assessing and developing employee skills, ensuring organizational growth and adaptability.
Performance Appraisals
Innovative evaluation methodology that motivates and uplifts all employees, fostering a culture of continuous improvement.
Career Paths
Inspire employees with meaningful job titles and clear progression paths aligned with their aspirations and contributions.
Rewards Management
Flexible marketplace for redeeming earned merit coins, customizable to align with organizational policies and goals.
Analytics Dashboards
Personalized insights and progress tracking for employees, fostering motivation and self-improvement.
AI-Powered Assistants
Advanced tools leveraging cutting-edge algorithms to solve specific HR challenges and optimize workforce management.