Bonusly is an employee recognition platform that HR professionals and business owners can use to show recognition to their loyal staff and reward their hardworking employees. 

It’s a fun way to increase engagement and motivation in the workplace. But how does Bonusly work, and is it the right platform for improving your company culture and boosting employee retention through recognition and rewards? 

Find out more about this recognition platform and how it works in this Bonusly review. We examine the main features that make it popular and the pros and cons to determine what type of business Bonusly is suitable for.

About Bonusly

Bonusly is an easy-to-use points-based rewards platform for companies wanting to manage their employee recognition. On the Bonusly rewards page, you’ll find an extensive catalog of digital rewards for all your employee recognition needs. 

These include various gift cards and the opportunity to get company swag through a partnership with Axomo (see our full Axomo review for information about the platform). Employees may also choose to send peer-to-peer recognition or make donations to charitable organizations. 

Bonusly keeps the atmosphere friendly, light, and fun with custom hashtags that appeal to younger staff members. 

How It Works

Bonusly lets you welcome new employees, reward outstanding achievements, and stay up-to-date with important dates in the company calendar. Everything is easy to see and all in one place. These rewards are chosen by the employees themselves, using the Bonusly points you award them with. 

You can send your top achievers or leading sales team members rewards or select an automated milestone recognition system so you never miss an important work anniversary again. 

There are several ways to access these Bonusly benefits, and your choice depends on your company size and budget. You can choose between a Core and Pro Package, each with its own pricing and features. 

Core Package

• Global recognition and achievement awards

• Chat tool

• Intranet integrations

• User-friendly mobile app

• Actionable insights and analytics

• Reporting

• Automated recognition for recurring important dates and milestones 

• Customer support

Pro Package

• All the Core Package features 

• Includes turnkey HRIS and single sign-on integrations

• Enjoy centralized company awards and incentives

• Also includes configurable admin permissions

Bonusly Pricing

There are two pricing plans to suit companies of different sizes with different needs and budgets. The custom plan will be quoted to you, depending on your recognition needs and the number of employees. 

• The Core Package costs $3 per user per month, plus the cost of awards, and is billed annually.

• The Pro Package costs $5 per user per month, plus the cost of awards, and is billed annually.

There’s also the Custom Plan, specifically tailored to meet the unique needs of larger corporations. The pricing of a customized Bonusly plan will depend on your needs, but it includes all the features of the other two plans.

Pros And Cons Of Bonusly

Every recognition platform has unique pros and cons. So, how did Bonusly hold up when we closely examined what they offer?

Pros

• Slack, Microsoft Teams, and HRIS integrations make using Bonusly that much easier

• Value for money for smaller companies with fewer employees

• Good customer support

• Easy to use and fun layout

Cons

• While the layout is fun and on-point for more laid-back work environments, it might not appeal to more formal work situations.

• Some users might feel that the available reward options are limited, which could reduce the overall appeal of the platform.

• Although Bonusly integrates with various platforms, syncing data with specific HR or collaboration tools might have limitations or issues.

• There is a cap for the points you can allocate out each month. These can run out very quickly - especially in larger organizations. 

• The social shout-outs may make employees feel left out if they don’t receive as many as others.

• The platform doesn’t have much customizability of messages/shout-outs. Many users would appreciate having more GIFs or hashtags to use. 

  
  

Who Is Bonusly Best For?

Bonusly is great for small-to-medium-sized companies with a more lighthearted approach to recognition and rewards. It makes recognition fun for employees, and that’s always a good thing when it comes to employee engagement. 

There are more than 1200 gift cards to choose from and even a cashout option for employees who would rather be rewarded in cash.

However, this may not be the best fit in larger corporate environments. Of course, you can always create your own custom rewards for such situations. However, the overall look of the platform seems to be more suited to a less formal workspace.

Key Takeaways

Is Bonusly a good platform for your regards and recognition? It’s a fun and easy-to-use platform and as our Bonusly review shows, it has many advantages for smaller businesses. However, it does have its limitations when it comes to the range of rewards it offers and the number of reward points one can give out each month. 

If you’re looking for a more comprehensive employee gifting and rewards platform, check out PerkUp. We go the extra mile to reward your valued employees with the recognition they deserve. 

Flexible rewards, more than a thousand products (including high-end corporate gifts), pre-loaded Visa cards, and premium company swag delight the heart of any employee. Our countless HRIS integrations, synced every 24 hours, also make using PerkUp easy. 

Get a demo today, and you’ll soon see why the top companies choose PerkUp for their employee recognition needs.