TrustRadius

Award Exchange vs. Bonusly

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Award Exchange
Score 0.0 out of 10
N/A
N/A
$2
per month
Bonusly
Score 9.6 out of 10
N/A
Bonusly is an employee recognition and rewards platform designed to make peer recognition easy and fun, giving employees and managers real-time visibility into the everyday wins that often go overlooked. Core Capabilities Peer Recognition & Rewards: Value-tagged shout-outs with points redeemable for global gift cards, curated physical items, and nonprofit donations An AI agent named Bizy: an AI agent that helps everyone on a team show up better for each other, every…
$0
per month (up to 8 users)
Pricing
Award ExchangeBonusly
Editions & Modules
Basic
$2
per month
Free
$0
per month for up to 8 users
Team
$5
per month per seat
Organization
Custom Pricing
per month per seat
Offerings
Pricing Offerings
Award ExchangeBonusly
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details—Bonusly offers three tiers: Free (free forever): Supports core rituals like peer recognition and structured 1:1s. Team: $5 per seat/month (or $30 per seat/year with annual billing). Built for managers and teams who want to stay connected, build trust, and improve every day. Unlocks habit-building features across recognition, guidance, 1:1s, and check-ins. Organization: Custom pricing upon request. Designed for companies that need scale, security, and analytics. Connect everyday culture to performance and engagement patterns, surface organizational insights, and prove impact with advanced reporting. A free trial is available for eligible tiers.
More Pricing Information
Community Pulse
Award ExchangeBonusly
Best Alternatives
Award ExchangeBonusly
Small Businesses
BrightHR
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Medium-sized Companies
Bonusly
Bonusly
Score 9.6 out of 10
Worktango
Worktango
Score 10.0 out of 10
Enterprises
Achievers
Achievers
Score 9.7 out of 10
Achievers
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Score 9.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Award ExchangeBonusly
Likelihood to Recommend
-
(0 ratings)
9.4
(10 ratings)
Usability
-
(0 ratings)
9.4
(5 ratings)
Support Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
Award ExchangeBonusly
Likelihood to Recommend
Award Exchange
No answers on this topic
Bonusly
Bonusly has provided us a formal space to post recognition. While face to face recognition still occurs, this is a place where staff can post publicly or privately, but a majority choose public. It has been incredibly popular since our implementation. Staff love the ability to earn time off through recognition. That customized redemption is our most popular reward.
Verified User
Anonymous
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Pros
Award Exchange
No answers on this topic
Bonusly
  • Fosters a culture of appreciation for one another
  • Allows for each staff to select reinforcers of meaning to them specifically
  • Can help tomato sure celebratory dates aren’t forgotten (birthdays, work anniversaries)
  • Increases employee engagement
  • Connects distance employees and employees who don’t have a department team around them to remain engaged and connected to others
  • Allows for specific hashtags that can be tied into company values, to reiterate core values of the organization.
AK
Abigail Koenig
Founder/Executive Director
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Cons
Award Exchange
No answers on this topic
Bonusly
  • Moderation. The freedom to post anything for recognition can get out of hand depending on your tolerance/company culture. There are very little to no tools around better this.
  • Bonusly has not done much in the way of adding features. Hard to call it a con but other similar platforms have extended into allowing more directed involvement from the organization. In other words: Bonusly is a little TOO hands-off in some ways.
Jared Miller | TrustRadius Reviewer
Jared Miller
NOC Manager
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Usability
Award Exchange
No answers on this topic
Bonusly
Bonusly is easy to use and intuitive for anyone familiar with technology and using websites. There is a page where posts are made, and a page where rewards are redeemed. It is very straightforward.
Verified User
Anonymous
Read full review
Support Rating
Award Exchange
No answers on this topic
Bonusly
I never had any issues with support. It's especially nice to be able to add location-specific rewards.
Verified User
Anonymous
Read full review
Alternatives Considered
Award Exchange
No answers on this topic
Bonusly
the cost was [the] main factor for us. I think the platforms are very similar. Bonusly is one focused on just employee recognition which is great and concise. BlueBoard offers a lot more by way of experiences and gift-giving for recognition but on the pricier side.
Verified User
Anonymous
Read full review
Return on Investment
Award Exchange
No answers on this topic
Bonusly
  • Employees put forth extra effort and take on additional responsibility.
  • More creative ideas from employees to improve business processes and solve problems.
Candace Mitchell | TrustRadius Reviewer
Candace Mitchell
Senior Talent Acquisition Specialist
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ScreenShots

Bonusly Screenshots

Screenshot of Bonusly’s home screen, which brings recognition to life with a social, real-time feed. Employees celebrate contributions with value-tagged messages, images, and emojis, while points accumulate toward meaningful rewards. This hub makes appreciation easier, and keeps the habits that drive culture right in front of everyone.Screenshot of Bonusly’s rewards experience, that gives employees access to a global catalog of gift cards, curated physical products, and nonprofit donations—all with instant fulfillment. Its categories and clear point ranges help people find rewards. With no markups and full visibility into spend, teams get a richer rewards experience without added admin work.Screenshot of Bonusly’s insights dashboard, which helps managers understand team health at a glance. Recognition trends, participation patterns, and value alignment reveal where the team excels and where support might be needed. With simple filters and export options, leaders can make data-driven decisions and run more informed performance reviews.Screenshot of Bonusly’s 1:1 workspace, which brings structure, shared notes, discussion topics, and past highlights into a collaborative view. Managers and employees stay aligned on priorities, celebrate wins, and address blockers early, with context from recognition and feedback woven in.Screenshot of where Bonusly automatically pulls together recognition, feedback, and work highlights into an organized performance recap. Managers get a clear storyline of contributions across months, and employees see their impact reflected accurately. This supports more fair, consistent, and insightful performance conversations.Screenshot of how Bonusly integrates natively with both Slack and Microsoft Teams so recognition happens in the flow of work. Employees can give, receive, and react to recognition directly in their chat channels, boosting participation and making appreciation feel immediate and natural. With updates and celebrations surfacing where conversations already happen, recognition becomes a daily habit—not another tool to remember.