Best alternate way of rewarding employees, easy to process and redeem points against vendor/s of our choice
October 26, 2022

Best alternate way of rewarding employees, easy to process and redeem points against vendor/s of our choice

Mohammed Azharuddin | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vantage Circle

Vantage circle points have been beneficial in rewarding our employees (apart from regular internal R&R channels). The big advantage is the receiver doesn't have to bare the burden of taxes. The other value add is we can redeem points against vendors which we prefer (Amazon/Flipkart) and buy as per our choice.

Pros

  • Tax saving benefit
  • Redeem against vendors of our preference/choice
  • Easy to process

Cons

  • More value-add benefits to firms which uses vantage circle/ big volume
  • Advertise and create more awareness
  • Reward users with some cashback offers
  • Amount redeemed is equivalent to cash rewarded by firm (not additional/hidden charges
  • Formal way for organization to reward their employees
  • Tax savings
  • Happy employees as in regular R&R model employee/rewardee is taxed (TDS)
  • Effective alternative way of rewarding our top performers

Do you think Vantage Circle delivers good value for the price?

Yes

Are you happy with Vantage Circle's feature set?

Yes

Did Vantage Circle live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Vantage Circle go as expected?

Yes

Would you buy Vantage Circle again?

Yes

Have provided detail comments in previous page. Please refer that.
> Users enjoy tax benefit, easy to process from our systems and the beneficiary/receiver has options to redeem as per his/her own choice of vendor/s

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