An Expert Review of Nectar's Employee Recognition Tool - 2021

Author Phil Strazzulla, HR Tech Expert, Harvard MBA, Finance and Software Nerd
Phil Strazzulla: HR Tech Expert, Harvard MBA, Finance and Software Nerd
September 15, 2021

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Nectar's employee recognition and rewards platform is a great option for <1,000 employee companies who want a high engagement peer to peer solution with great analytics and rewards built in.

What's Inside

Nectar Review

Nectar's solution is built around a peer to peer recognition feed that aligns employee accomplishments with company core values. Each employee (including managers) gets a points balance each month they can allocate to colleagues that go above and beyond. Employees can then redeem rewards for gift cards, company swag, charities, and a whole lot more.

We really like the Nectar only charges for active users of the program (which means they stand behind their product's ability to engage your workforce). They also have a new wellness component, and are quickly releasing high impact integrations and features such as their organizational network analysis tool which gives HR insights into which teams recognize one another the most.

Nectar Customers

Heineken, Teachable, Major League Baseball

Nectar Resources

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Key Nectar Features

  • On demand company branded swag as rewards + a large variety of other rewards including gift cards, charities, etc
  • In depth analytics that shows you the most/least active employees
  • Leaderboards
  • Step and other fitness challenges
  • Organizational network analysis (ONA) feature allows you to see which teams are supporting which other teams
  • Recognition for employee awards (President's club, employee of the month)

Nectar Implementation

Nectar Customer Success

Companies on the Plus Plan get a dedicated account manager.

Nectar Key Integrations

  • Single sign on (SSO)
  • A variety of HRIS integrations: Bamboo, Rippling, Paycor, ADP, Namely and many more
  • Slackbot that allows people to give/receive recognition via slack
  • Microsoft Teams integration where you can use the entire product within Teams

What to be aware of

Nectar Pricing

Nectar offers a free tier that is unlimited and designed to help companies showcase the value of recognition to senior management.

Their Standard Plan is $2.50 per *active* employee per month ($2.75 if billed monthly) and includes key features like manager to employee recognition, Slack/Teams integration, recognition automation for birthdays/anniversaries, and analytics.

Their Plus Plan is $3.50 per *active* employee per month ($4.25 if billed monthly) and includes key features like customer branding, SSO, HRIS integrations, wellness challenges, and on demand company swag as a reward option.

Please note, Nectar only charges for active employees, which we love! If you have 100 employees in your org, but only 20 use it, you'll be charged only for those 20. This aligns incentives really well as the more employee engagement you have, the more ROI you'll get from their offering.

» Save Money: Check out our resource on how to save money when buying HR tools

Nectar Alternatives

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