Bonusly Reviews & Pricing

by Bonusly | Founded 2012, Boulder, CO.

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Categories:

Compensation Management Software
Employee Engagement Software
HR Management Software
HRIS Systems
Sales Performance Management Software
...

What is Bonusly?

Industry Specialties: Human Resources, Employee Recognition, Employee Engagement, Corporate Wellness, Talent Management, Organizational Development

Bonusly is a user-friendly employee recognition and rewards platform that caters primarily to businesses looking to enhance their workplace culture and employee engagement. The software allows employees to give micro-bonuses to colleagues, promoting peer recognition and building team spirit. One of its key benefits is the amplification of positive behaviors, contributing to overall job satisfaction. However, certain limitations include the potential for disparate use among teams and a rewards catalog that may not fully align with all preferences. While pricing can be a consideration, with some finding the cost-per-user model a bit steep, users often praise its performance, stating it "makes recognizing co-workers seamless and fun". In comparison to similar products, Bonusly is frequently lauded for its ease of use and robust analytics but may face competition from platforms offering broader HR functionalities.

Pros

Enhances employee recognition
Easy to use interface
Supports peer-to-peer rewards
Integrates with other platforms
Customizable rewards program

Cons

Limited reward options
Can get expensive with many users
Too frequent notifications can overwhelm
Points may lack tangible value
Requires cultural buy-in for effectiveness

PRICE

COMPANY SIZE

DEPLOYMENT

PLATFORM

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User Sentiment i

Based on 1437 reviews:

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#12

Bonusly is ranked #12 in the Compensation Management Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

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Bonusly Pricing

Based on our most recent analysis, Bonusly pricing starts at $3 (Annual, Quote-based).

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Price: $
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Starting From: $2.70
Pricing Model: Annual, Quote-based
Free Trial: Yes, Request for Free

Training Resources

Bonusly is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Bonusly:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Bonusly Benefits and Insights

Why use Bonusly?

Key differentiators & advantages of Bonusly

Enhanced Employee Recognition
Bonusly helps create a culture of recognition within organizations, providing a platform where employees can acknowledge one another's contributions and achievements publicly, leading to increased workplace morale and a sense of appreciation.
Improved Employee Engagement
The act of giving and receiving recognition via Bonusly can lead to higher levels of employee engagement. Engaged employees are typically more motivated, productive, and committed to the organization.
Real-time Feedback
Bonusly allows for immediate recognition and feedback, offering a live, transparent system where employees can celebrate milestones and give kudos without delay or bureaucratic processes.
Boosts Company Culture
By encouraging positive interactions and regular appreciation, Bonusly helps foster a positive company culture. This can make the workplace more enjoyable and attractive to existing and prospective employees.
Enhances Retention Rates
Employees who feel appreciated are more likely to feel satisfied with their jobs, which can lead to increased retention rates. Bonusly's recognition system helps reduce turnover by making employees feel valued.
Data-Driven Insights
Bonusly provides analytics and reporting tools that help managers and leaders understand recognition patterns and identify areas for improvement, driving strategic decisions based on data.
Peer-to-Peer Recognition
The platform allows for peer recognition, which empowers employees to reward each other's hard work. This peer-to-peer system promotes a collaborative and supportive work environment.
Integrates with Popular Tools
Bonusly integrates with common workplace tools like Slack, Microsoft Teams, and HR systems, making it easy to incorporate recognition into the natural workflow without the need for additional software.
Customizable Rewards
With a variety of reward options, Bonusly lets employees choose from a wide selection of items, gift cards, and experiences, providing a personalized reward experience that is more meaningful to each individual.
Accessible Anywhere
The mobile-friendly design of Bonusly ensures that employees can recognize their peers anywhere and anytime, maintaining consistent recognition even with remote or distributed teams.
Autonomy and Empowerment
By granting employees the ability to recognize others, Bonusly empowers them to take an active role in the company culture, fostering a sense of autonomy and responsibility.

Industry Expertise

Bonusly specializes in employee recognition and rewards software. Their platform enables companies to enhance their culture by fostering peer-to-peer recognition, facilitating employee engagement, and simplifying the process of distributing and redeeming workplace bonuses and rewards.

Bonusly Reviews

Average customer reviews & user sentiment summary for Bonusly:

1437 reviews

96%

of users would recommend this product

Bonusly has a 'excellent' User Satisfaction Rating of 96% when considering 1437 user reviews from 2 recognized software review sites.

Synopsis of User Ratings and Reviews

Based on an aggregate of Bonusly reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

User-Friendly Interface: Employees find Bonusly extremely easy to navigate, making it accessible for users of all tech levels.
Enhances Recognition: Bonusly facilitates peer-to-peer recognition, promoting a positive work culture by acknowledging achievements.
Customizable Rewards: A wide array of redeemable rewards caters to different preferences, increasing employee satisfaction.
Integrates with Other Tools: Seamless integration with platforms like Slack and Microsoft Teams enables recognition within workflow.
Transparency in Recognition: The public feed allows for visibility of accolades, fostering a culture of openness and appreciation.
Mobile Accessibility: The availability of a mobile app allows users to give recognition on the go, ensuring timely appreciation.
Data-Driven Insights: Bonusly provides analytics that help track employee engagement and the impact of recognition efforts.
Boosts Morale: By making recognition frequent and fun, it helps build a happier and more motivated team.

Cons

Limited Customization: Some users find the customization options for rewards and recognition to be lacking, affecting the adaptability to specific company cultures.
User Interface: A few reviews mention that the interface is not as intuitive or user-friendly as they would like, leading to a steep learning curve for new users.
Cost Concerns: Smaller companies or those with tight budgets find the cost per user to be a bit high, particularly when scaling up employee numbers.
Mobile App Limitations: Users have reported that the mobile app doesn't offer the full functionality of the web platform, affecting on-the-go usability.
Integration Issues: Some users experience difficulties in integrating Bonusly with other software, leading to inconvenience and frustration.
Redemption Process: There are instances where users find the process of redeeming points for rewards to be cumbersome or slow.
Notification Overload: Users sometimes feel overwhelmed by the high volume of notifications, which can lead to important messages being missed.
Reward Variety: A number of users feel that there could be a wider selection of rewards available to choose from.

Researcher's Summary:

Bonusly receives positive reviews for its intuitive user interface and the engaging way it allows coworkers to easily recognize each other's accomplishments, fostering a positive workplace culture. Users often praise the way Bonusly integrates with various communication tools, making it accessible and easy to use within a team's existing workflow. "The ease of giving props to colleagues and the little joy it adds to my day can’t be overstated," one user remarked. However, despite its strengths, some users note that the rewards catalog could be more diverse and feel that the points system may sometimes be misunderstood or underutilized without proper guidance. "It can be a bit tricky to ensure everyone understands the value of points and uses them appropriately," mentioned another. Comparatively, users find Bonusly more user-friendly and social than some other recognition platforms. It is praised for its support in building a culture of appreciation as opposed to merely being a transactional rewards tool. "Bonusly stands out with its social feed feature—it's like a mini social media platform for kudos," a user compared. In terms of customer support, reviews are generally positive, citing responsive and helpful assistance when problems arise.

Key Features of Bonusly

Peer-to-Peer Recognition: Allows employees to give and receive micro-bonuses from their peers for achievements and daily contributions.
Customizable Awards: Provides the option to create company-specific awards that align with organizational values and goals.
Personalized Points System: Offers a points-based currency system that employees can use to reward each other, which promotes a culture of recognition.
Automated Celebrations: Automatically celebrates birthdays, work anniversaries, and other milestones to foster a sense of community.
Robust Analytics: Features detailed reporting and analytics tools to track recognition patterns and employee engagement.
Integrations: Seamlessly integrates with popular productivity and communication tools like Slack, Microsoft Teams, and HRIS platforms.
Reward Catalog: Includes a diverse reward catalog with options for redeeming points for gift cards, experiences, charity donations, and more.
Mobile App: Offers a mobile application that ensures accessibility and convenience for users to give recognition on the go.
Security and Privacy: Ensures data security with stringent privacy policies and compliance with regulations like GDPR and CCPA.
Custom Branding: Allows organizations to brand their Bonusly experience with company logos and customized color schemes to enhance brand identity.
On-Demand Feedback: Provides a channel for soliciting and providing feedback, supporting a continuous feedback culture.
Global Currency Support: Accommodates a diverse workforce with global currency support, catering to international teams.
Multi-language Support: Offers multi-language capabilities, ensuring inclusivity for non-English speaking employees.
API Access: Provides API access for custom integrations and the ability to build on the Bonusly platform for specialized needs.
User Permissions: Features customizable user roles and permissions to give proper access and administrative control within the platform.
Help and Support: Offers dedicated customer support through various channels along with a comprehensive help center and resources.

Limitations

Notable product limitations include:

Integration Limits: May not seamlessly integrate with all HR systems or third-party software.
Customization Restrictions: Limited options for personalizing rewards or recognition features to fit company culture.
Reporting Capabilities: Basic analytics may not provide deep insights for larger organizations.
International Support: Limited currency and language options can restrict global functionality.
User Interface: The platform's user interface may not be intuitive for all users.

FAQ

Q: What is Bonusly?
A: Bonusly is an employee recognition and rewards platform that helps teams appreciate and celebrate each other’s work. It enables employees to give small bonuses to their colleagues as a way of saying thanks and offers insights into team dynamics and performance.
Q: How do the Bonusly bonuses work?
A: Employees receive a monthly allotment of points which they can give to their peers as bonuses. These points can be redeemed for various rewards, like gift cards, experiences, or charitable donations. The giver often pairs the points with a short, public message explaining why they're giving the bonus.
Q: Is Bonusly only for monetary rewards?
A: No, Bonusly isn’t limited to monetary rewards. While points can be redeemed for monetary rewards like gift cards, employees can also use their points to access custom company rewards, experiences, or donate to charity.
Q: Can I integrate Bonusly with other tools and platforms?
A: Yes, Bonusly has various integrations with tools such as Slack, Microsoft Teams, and HR software, making it easy to incorporate into existing workflows and extend the platform’s functionality.
Q: What kind of insights and analytics does Bonusly provide?
A: Bonusly offers analytics and reporting tools to track engagement, understand collaboration patterns, and gauge the overall health of a team or company culture. These metrics can help leaders make informed decisions about recognition and rewards.
Q: Is Bonusly suitable for remote teams?
A: Absolutely, Bonusly is well-suited for remote teams as it provides a way for employees to connect, celebrate accomplishments, and give recognition, regardless of physical location.
Q: How customizable is Bonusly?
A: Bonusly allows organizations to customize many aspects of the service, such as the rewards catalog, monthly points allocation, company values tags, and branding options to fit their specific needs and culture.
Q: Does Bonusly support multiple languages?
A: Yes, Bonusly supports several languages, making it an ideal fit for global teams and organizations.
Q: How does Bonusly ensure data security?
A: Bonusly takes data security seriously by implementing industry-standard data protection practices, such as SSL encryption, regular security audits, and compliance with international privacy regulations.
Q: How can employees redeem their Bonusly points?
A: Employees can redeem their points directly through the Bonusly platform, where they can browse and select rewards from the available catalog, including gift cards, products, and experiences, or donate to charities.
Q: How does Bonusly fit into a company’s existing rewards program?
A: Bonusly can complement a company's existing rewards program by offering a more frequent and peer-to-peer approach to recognition, filling the gaps between traditional milestone or top-down rewards practices.