Company gifting programs play a crucial role in shaping company culture and boosting employee productivity. Many platforms on the market make the gifting process a breeze. One such tool that has been gaining attention in the HR world is Nectar HR, a platform for employee recognition and rewards. It aims to foster better workplace relationships and boost morale.
In this article, we will provide an in-depth, objective review of Nectar HR, exploring its features and functionality, as well as its pros and cons, to find out if it is the right platform for your employee needs.
Nectar HR is an employee recognition and rewards platform designed to create a happy workplace culture, boost employee engagement and retention. The platform facilitates peer-to-peer recognition, allowing team members to appreciate each other's efforts.
With Nectar HR, recognition is not limited to top-down, manager-to-employee acknowledgment. Instead, it encourages all team members to take part.
Nectar HR works on a point system. Employees earn points for their accomplishments and can redeem these for rewards.
Nectar HR directly integrates with Amazon, allowing your employees to pick their ideal gift. Other gifting options include a large catalog of gift cards, charity donations, branded swag, and custom rewards that you design yourself.
Nectar HR also offers detailed analytics that provide valuable insights into the workplace environment. You can use these to identify areas of improvement and ensure team members are doing their best.
Nectar's Analytics feature provides your company with valuable insights about your rewards program and company culture. It helps you gain insight into who is and isn't being recognized in the workplace. You can monitor the frequency of shoutouts among individuals and teams, ensuring balanced recognition across your business.
With the analytics, you can also measure if your business’s core values are being mentioned in the shoutouts. This approach promotes a culture where core values are not just stated but recognized.
Nectar HR’s Manager-level Analytics looks at how effectively each manager gives team gifts to members. It also grants managers access to their team analytics, encouraging them to boost engagement and appreciation within their teams.
Nectar HR fully integrates with popular Human Resources Information Systems (HRIS) your company may already use, including BambooHR, Namely, Paylocity, Zenefits, and ADP.
You can automate rewards to be sent on various milestone days, like birthdays and anniversaries, ensuring that you never forget an important date.
The Custom Challenges feature allows companies to design their own challenges to promote and incentivize employee involvement. These include wellness activities like company-wide fitness challenges or feedback surveys.
When employees complete a challenge, they earn Nectar points, which they can redeem for rewards.
Administrators have the option to approve the completion of challenges, ensuring that your employees have completed the tasks properly.
Nectar HR is focused on advanced security. Their platform includes a Web Application Firewall (WAF), which protects its users against digital threats.
Nectar HR supports Single Sign-On (SSO) and Role-Based Access Control (RBAC). With SSO, users can access multiple applications or services using a single set of login details. RBAC limits access to sensitive data to authorized users.
Nectar HR also has Advanced Encryption Standard (AES-256) encryption, a robust encryption method used globally to protect sensitive data. AES-256 ensures that user data both at rest and in transit is secure. In addition, Nectar HR complies with GDPR and the SOC2 certification.
Nectar HR offers two main pricing plans: Standard and Plus. The Standard plan is $2.75 per user per month and provides basic features suitable for small to medium-sized businesses.
For companies that require more advanced features, the Plus plan is available at $4.00 per user per month. The Plus plan includes additional services and capabilities for larger organizations.
If you’re looking for a robust rewards platform to improve your company culture, Nectar HR could be a good option.
Its employee-to-employee recognition feature will improve the bonds within your company, ensuring a harmonious and inclusive workplace. Nectar HR’s custom challenges can also help boost morale and make your organization a fun place to work.
However, the platform isn’t without its drawbacks. You may have to deal with occasional technical glitches and its limited customization features will be an issue if you’re looking for a more personal rewards solution. Not to mention, you can find cheaper alternatives on the market that do the same job.
If you're looking for a superior solution, try PerkUp! Like Nectar, PerkUp is a gifting platform for employee recognition and rewards and offers rich customization options, allowing you to tailor your rewards programs to your business’s specific needs.
Schedule gifts for work anniversaries and birthdays and send spot rewards with ease to show your employees that you appreciate their hard work. You can set a fun theme and add custom messages to personalize gifting and cater to any occasion.
With real-time reporting, PerkUp also provides insights into how many gifts are sent, the top senders and top recipients, making it easy to manage your rewards program.
Available in over 130 countries, our catalog of over 1000 gifts includes Visa gift cards, branded swag, welcome kits, and swappable gifts. With PerkUp, your employees will feel spoiled for choice. Book a demo today!