Rewardian

In the contemporary business world, creating a motivating work environment with effective employee incentives and retention policies is crucial for organizational success. Rewardian is a versatile employee recognition and rewards platform offering user-friendly and customizable solutions to drive employee engagement.

Catering to various industries like hospitality, financial services, retail, healthcare, pharmaceuticals, and technology, its clientele spans from small-scale operations with 20 employees to large enterprises with more than 20,000.

Rewardian’s roots trace back to its sister company, Brandmovers, renowned for developing consumer loyalty programs using behavioral science and points-based economics to drive actions and boost sales.

“We apply the same science to design employee engagement programs that boost motivation, maximize productivity, and cultivate a culture of recognition,” says Luke Kreitner, General Manager at Rewardian.

Adopting a strategic approach to each project, Rewardian aims to understand clients’ goals, challenges, and essential success metrics. This guides program development and enables its team to continually monitor performance and provide valuable recommendations to help clients succeed.

A dedicated team is assigned to each client following the design phase to oversee program success, including ongoing website updates, communication strategy development, automation triggers based on employee actions, and a diverse reward selection. Continuous improvement through data analysis and regular business reviews ensures optimal employee engagement.

With employee disengagement rates at an alarming 85 percent, fostering an appreciative culture has become necessary for business leaders. Challenges like talent acquisition and retention, lack of face-to-face interactions due to distributed workforces, and employee well-being and burnout make the task challenging.

In addressing these issues, the company acknowledges HR’s integral role in creating a culture that thrives on appreciating exemplary performance, commemorating work anniversaries and birthdays, and promoting peer-to-peer and manager recognition.

This, however, is possible only with 100 percent buy-in and involvement from the leadership team.

By leveraging other technologies, Rewardian fosters efficient communication and appreciation for its customers. Seamless integration with widely used tools like Microsoft Teams, Slack, and Beekeeper helps create a vibrant social environment, injecting humor and camaraderie into the recognition process, making it accessible and engaging even in remote work settings.

The combination of Rewardian’s platform, services, and rewards presents a strong value proposition for clients. Its software-as-a-service (SaaS) platform and open API ensures rapid program deployment, configurability, integration with HR information systems like Paycom, ADP, and Workday for employee data transfer, and continuous product improvement based on client feedback. Cost efficiency allows clients to direct more of their budget toward employee rewards.

We apply the same science to design employee engagement programs that boost motivation, maximize productivity, and cultivate a culture of recognition.

The platform’s prowess is best highlighted in the case of Rewardian’s partnership with Affinity Federal Credit Union (FCU). Seeking to bolster employee engagement within their organizational culture steeped in strong values, Affinity FCU turned to Rewardian for a solution. In response, it designed a tailored recognition and rewards system called Affinity Spotlight Rewards. This modular program is highly effective in engrossing the staff and reinforcing core values across the organization. Today, the client leverages this platform to recognize and reward various actions, including referrals, community service, wellness activities, donations, volunteer efforts, successful onboarding, and even work in hazardous conditions. Leveraging the platform’s versatility, Affinity FCU established exciting activities like Bingo games, scratch-off boards, photo contests, and wellness initiatives, all intricately linked to customized rewards.

“At Affinity, we are proud to partner with Rewardian. The use of peer-to-peer recognition helps us reinforce our core values: Passion for Service, Trustworthiness, and Accountability,” says an Affinity FCU representative.

Rewardian’s mission is to inspire people to reach their full potential. The product vision and roadmap also support the facilitation of a thriving work environment, both for organizations as a whole and each unique employee within it. This guiding North Star shapes every aspect of its planning and development.

Without resting on its laurels, Rewardian aims to enhance its best-in-class rewards marketplace to offer participants greater choice and add more gamification and loyalty mechanics to provide a smooth and exciting employee journey.