Nectar vs. Payactiv

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Nectar
Score 9.4 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.N/A
Payactiv
Score 8.0 out of 10
N/A
Payactiv, headquartered in San Jose, offers their eponymous platform to enable employees to get financial relief between paychecks, a service the vendor states is needed by two-thirds of the workforce. They give businesses the tools essential to ease the financial stress of their employees and build a higher performing workforce.N/A
Pricing
NectarPayactiv
Editions & Modules
Nectar Recognize
Contact Sales
Nectar Engage™ + Nectar Recognize
Contact Sales
Nectar Comms + Nectar Recognize
Contact Sales
Culture Suite (Nectar Recognize + Nectar Engage™ + Nectar Comms)
Contact Sales
No answers on this topic
Offerings
Pricing Offerings
NectarPayactiv
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsVolume discounts are available for companies with 500+ employees
More Pricing Information
Community Pulse
NectarPayactiv
Best Alternatives
NectarPayactiv
Small Businesses
BrightHR
BrightHR
Score 7.3 out of 10
Paychex
Paychex
Score 6.8 out of 10
Medium-sized Companies
Bonusly
Bonusly
Score 9.5 out of 10
Paylocity
Paylocity
Score 8.2 out of 10
Enterprises
Achievers
Achievers
Score 9.5 out of 10
Dayforce
Dayforce
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NectarPayactiv
Likelihood to Recommend
8.0
(1 ratings)
10.0
(2 ratings)
User Testimonials
NectarPayactiv
Likelihood to Recommend
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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PayActiv, Inc.
I think it is well suited because it lets the employees know that the company cares, that we want them to be able to have financial stability, and by doing that we are providing a way for them to access their funds earlier.
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Pros
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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PayActiv, Inc.
  • It is seamless for me and my office staff
  • In all the time we have used it we have never had a problem or issue
  • Does not cost me any time or money
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Cons
Nectar HR
  • Did not have great global functionality - we couldn't send actual gifts (only giftcards) to germany
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PayActiv, Inc.
  • I have no suggestions for improvement, it's never been a problem for my office staff and we have never had a complaint from the field staff, which is most of our employees.
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Alternatives Considered
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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PayActiv, Inc.
I think Pay Activ is the only tool really we need as a company since it has more than just early access to money but can provide other tools to help you in your financial situation
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Return on Investment
Nectar HR
  • People collaborating better together
  • People feeling more engaged
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PayActiv, Inc.
  • Sorry, not something we track, but I believe it has an impact on worker dignity, they don't have to come to me hat in hand ask for an advance.
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ScreenShots

Nectar Screenshots

Screenshot of the Nectar homepage, which offers a clear view of what’s happening across a company. Here, users can send recognition, see recent shoutouts, check points balance, and stay connected to team wins.Screenshot of some of the available ways to reward employees. They can pick from hundreds of gift cards, experiences, or custom company perks.Screenshot of an automated milestone celebration. Nectar syncs with HR tools to send birthday and service awards on schedule, ensuring no special moment goes unnoticed.Screenshot of Nectar’s analytics that help see recognition impacts engagement, retention, and company culture over time.Screenshot of Nectar's Microsoft Teams integration, allowing employees to give and receive recognition right where they work. Here, users can send shoutouts, add points, and celebrate achievements directly in chat, so appreciation becomes part of a team’s everyday conversations.Screenshot of Nectar Comms, which helps recognize great work, boost engagement, and reinforce core values while keeping employees connected. Users can design and send branded emails, share updates, and manage internal newsletters to keep your team informed and inspired.