Nectar is a 360° recognition & rewards platform, as it includes social recognition, awards, challenges, milestones, discounts, and other kinds of perks. We’ll go into more detail on what these mean, but first, we must point out that Nectar also stands out for having a completely free version and being especially friendly for remote-first teams.

Nectar's solution is built around a peer-to-peer recognition feed that aligns employee accomplishments with company core values. The feed itself is very much like a social network. You can mention a coworker, add a reason why you recognize them in a public forum, add a certain number of points, and mention which of the operational core values (why you’d previously set) is tied to this commendation.

As to rewards, each employee (including managers) gets a points balance each month, which they can allocate to colleagues who go above and beyond. Those points don’t expire and are redeemable within the same platform. Nectar is also known for its extensive reward selection, including Amazon products, gift cards, company swag, charities, and a whole lot more.

An additional perk that sets Nectar apart is that companies can offer exclusive discounts to their employees. As of 2022, the companies that Nectar has partnered with for this offering include Airbnb, Six Flags, Papa Johns, Walt Disney World, Costco, and many more.

Other recent features include their organizational network analysis component and their internal communications tool. The former gives HR insights into which teams recognize one another the most and is a part of their broader analytics module, while the latter has done a great job delivering engaging content to employees in a clear, consistent format.

As a final note, we’ll add that we’ve kept in constant contact with the guys at Nectar for years and have noticed that they tend to release new features and high-impact integrations with good frequency.