Awardco vs. Nectar

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Awardco
Score 7.9 out of 10
Enterprise companies (1,001+ employees)
Amazon are available through Awardco for rewards and recognition. Awardco has partnered with Amazon Business to bring millions of reward choices, lower vendor fees and dollar-for-dollar recognition spend to organizations. The vendor boasts more choice, more capability, and less spend, in a simple platform.N/A
Nectar
Score 8.2 out of 10
N/A
Nectar is a cloud-based employee recognition platform. It features monetary and social recognition that can be provided in a peer-to-peer and a manager-to-peer manner.
$2.75
per month (billed annually) per user
Pricing
AwardcoNectar
Editions & Modules
Awardco Enterprise
Varies
Recognition program needs
Standard
$2.75
per month (billed annually) per user
Standard
$3.00
per month per user
Plus
$4.00
per month (billed annually) per user
Plus
$4.50
per month per user
Offerings
Pricing Offerings
AwardcoNectar
Free Trial
YesNo
Free/Freemium Version
YesYes
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAwardco Enterprise is priced fairly depending on your recognition program needs, and is often much lower than the industry standard. Our previous customers have found that they can use a portion of their previous recognition budget to implement and utilize Awardco, and the rest of the funds can be directed immediately back to their employees, thus rewarding them even more than before.Volum discounts are available for companies with 500+ employees
More Pricing Information
Community Pulse
AwardcoNectar
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Best Alternatives
AwardcoNectar
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Bonusly
Bonusly
Score 8.5 out of 10
Bonusly
Bonusly
Score 8.5 out of 10
Enterprises
Achievers
Achievers
Score 7.4 out of 10
Achievers
Achievers
Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AwardcoNectar
Likelihood to Recommend
10.0
(2 ratings)
8.0
(1 ratings)
Support Rating
7.5
(2 ratings)
-
(0 ratings)
User Testimonials
AwardcoNectar
Likelihood to Recommend
Awardco
Awardco has something for everyone. I have employees in a variety of age groups and some want to travel, some want a tangible item, and others feel like they don't really need/want anything so they choose a gift card so they can use it how and when they choose. Awardco allows that flexibility. Also, if the individual isn't ready to make a selection right away, they can save their points to use at a later time. If an individual would like to select an item larger than their award amount, they are not able to add dollars to their personal account, which may cause some frustration to an individual.
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Nectar HR
If you are a US based company only (or maybe just US and Canada or UK) the product works particularly well. I think it makes more sense to provide gifts rather than gift cards as rewards, as people don't really cash out the gift cards. Since Nectar didn't have this functionality in Germany, the platform wasn't ideal. People did provide and receive feedback but didn't really use the reward capabilities. It also would have been nice to have a way to provide the feedback directly from slack without going into the Nectar platform.
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Pros
Awardco
  • Every employee has an account.
  • There are multiple ways to use your points.
  • All points are stored in one place & easy to find.
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Nectar HR
  • Ability to provide public feedback
  • Incentivized feedback in a user friendly/good UX platform
  • Ability to tie feedback to our core values
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Cons
Awardco
  • I would like the system to be able to send email notifications to more than the employee and the HR Manager. It would be great if we could include the manager and the GM as well. Now I just forward the message to the others.
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Nectar HR
  • Did not have great global functionality - we couldn't send actual gifts (only giftcards) to germany
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Support Rating
Awardco
I am giving a "middle of the road" rating of 5 because I don't have experience with Awardco support. I have never had to reach out to the support team for anything, so I don't have any substantial feedback in this particular area. The program is so easy to use, so I've never needed to contact the support team.
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Nectar HR
No answers on this topic
Alternatives Considered
Awardco
I have only used a few other award programs and selections have been extremely limited. There is nothing worse than receiving a catalog with 10-15 items to choose from and you don't really want any of the items. It is even worse when the company spends two to three times the cost on a gift that can be purchased elsewhere for much, much less. The employee has an idea how much something costs and as a result feels like the company didn't appreciate them by giving an inexpensive gift. Awardco gifts are dollar for dollar.
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Nectar HR
We eventually decided to switch back to Lattice. We liked Nectar because it was an all in one feedback & gifting platform, but ultimately switched to Lattice paired with Snappy gifts for gifting as Snappy is able to provide physical gifts in US and Germany, and Lattice provides us other capabilities besides feedback such as performance reviews, engagement surveys, hosting 1:1s, utilizing competencies...
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Return on Investment
Awardco
  • We are a company that thrives on competition & rewards. Awardco has helped us simplify that rewards process, and it's much easier for us as we create competition prizes.
  • Our employees are much more engaged in the competitions because they know they will win points that can be used on just about anything.
  • Since we've started using Awardco we have hit record numbers in sales in a month.
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Nectar HR
  • People collaborating better together
  • People feeling more engaged
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ScreenShots

Awardco Screenshots

Screenshot of Simple, direct, and transparent, the Awardco platform makes it easy to recognize anyone in your organization.

Nectar Screenshots

Screenshot of Nectar provides a centralized platform for social recognition.Screenshot of Nectar provides a wide variety of awards.Screenshot of Nectar also provides discounts for a variety of products and services.Screenshot of Set challenges for employees