Raphael Crawford-Marks

No. 1 Employee Recognition Platform Unveils New Capabilities to Help Companies Build Winning Cultures of Appreciation 

‍LAS VEGAS, NV — June 12, 2023 — Bonusly, an engaging recognition and rewards platform that connects teams and enriches company culture announced critical product enhancements that enable increased productivity and retention. These include an improved user experience, updated manager analytics, custom feeds, and new reward catalog features.

Retaining high-performing, productive employees is more challenging than ever. Over 4 million Americans quit their jobs monthly between July and November of 2022. According to Gartner, that figure is expected to grow, with turnover rates up to 24%. Additionally, data from the United States Bureau of Labor Statistics found that labor productivity decreased 2.7% in Q1 of 2023—the biggest decline in 75 years—leading companies to lose up to millions of dollars annually.

The Bonusly platform, recognized by G2 as the number one employee recognition provider, improves productivity and retention by way of meaningful recognition, enabling public recognition of both major and minor accomplishments. When strong recognition practices are in place, employees are four times more engaged. And engaged employees are critical to business outcomes, including higher productivity and lower attrition.

With Bonusly, employees receive an average of two meaningful, timely, and detailed recognitions from colleagues and managers every week. After deploying Bonusly, more than nine in ten (93%) customers see improved employee engagement. Bonusly customers include Chobani, ZipRecruiter, Pender Veterinary, and SDMI.  

"Everyone has felt unappreciated at work at some point in their career, and many people have left a job because of it," said Raphael Crawford-Marks, founder and CEO of Bonusly. "Our mission is to make sure that everyone sees how much their managers and colleagues value their work. Our platform encourages specific and frequent recognition, increasing retention and productivity. With the release of these new capabilities employees and managers across organizations of all sizes can deliver and receive the recognition needed to foster a high performing culture of appreciation.”

With these latest additions to the Bonusly platform, employees and HR teams gain the ability to:

• Boost employee engagement with an intuitive, and accessible interface. Developed from feedback and analytics from over 3,200 companies and 400,000 daily users, the new interface is functional and fun, with key platform data easy to find and act on and a WCAG AA accessibility supported interface.
  
• Increase productivity and retention with new manager analytics. Managers are responsible for 70% of the employee engagement gap. A new Manager Giving Tracker enables managers to identify direct reports who need additional, meaningful appreciation. The new Compare Rates feature allows leaders to compare recognition rates across different organization segments, enabling them to focus on teams and employees that need extra support. ‍
• Maximize the impact of recognition with Custom Feeds that bring your unique company culture front and center to the digital workspace. The new feed enables users and administrators to create and follow personalized recognition feeds based on team, department, or location. ‍
• Highlight a company’s culture with a smarter, effortless Rewards experience. The Bonusly platform now offers a diverse catalog of 1,200+ rewards in over 200 countries, custom rewards unique to every company, and a seamless integration with AXOMO for high-quality, hassle-free swag. Updates also include a new reward, Points Boost, that allows users to get more points before they run out — increasing recognition participation. 

“Research shows that employees who are appreciated are more loyal to their employers, and one of the many ways we appreciate employees for their wins, hard work, and success, is through Bonusly! Bonusly's employee recognition platform has made an impact on retention and has helped ensure our employees feel seen and recognized by not only their team but the entire company.”

— Luis Jiminez, People Experience Associate, Headspace

About Bonusly

Thousands of companies worldwide rely on Bonusly to build a winning culture of appreciation, and cultivate high-performing teams regardless of their location, work setting, or industry. Bonusly serves as a crucial tool for investing in, and driving positive business outcomes from a company’s most critical asset — their people.

Bonusly’s engagement software is easy to use and enables companies to build stronger connections among and between teams, leading to increased collaboration and innovation among your workforce. Additionally, Bonusly provides exclusive insights at the individual, team, and company levels, empowering managers to make informed decisions regarding culture, professional growth, performance management, and employee retention. To learn more, please visit bonusly.com

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Previously the head of design, Bartels will apply her additional, deep experience in business and computer science to the Bonusly product roadmap.

Boulder, Colorado May 16, 2023: Bonusly, an engaging recognition and rewards platform that connects teams and enriches company culture, today announced that Judith Bartels, previously senior director of design, has been appointed vice president of product and design. In her new role, Bartels will be responsible for the end-to-end Bonusly experience, encompassing both product strategy and design execution.

Bartels joined Bonusly in 2021 after spending nearly four years as executive creative director at IHS Markit, a financial information services fintech company, where she managed a team of 50 creative directors and designers who worked with clients on user research, product innovation, and global brand redesigns. Her clients included the New York Times, HSBC, Morgan Stanley, Deutsche Bank, E-Trade and PIMCO. Before that, Bartels spent seven years in senior design roles at SapientRazorfish, where she consulted on digital design and product user experience with some of the world's best-known brands, such as American Eagle Outfitters, Verizon Wireless and Swisscom. She brings years of experience and training in design, along with business management and computer science expertise to her new position.

"I've always cared deeply about the people on my teams, and in previous roles I spent a lot of time thinking about how to best motivate, engage and recognize them," Bartels said. "It's exciting to take charge of Bonusly's product, especially now. Work continues to undergo dramatic change with remote and hybrid models, and the entry of younger generations who have very different expectations about work. Organizations now recognize that they need to leverage technology to facilitate employee recognition and engagement."

The Bonusly platform empowers real-time employee recognition and rewards to highlight accomplishments big and small in a very positive and public way, which fosters stronger cultures and builds resilient companies. While other employee engagement companies offer little more than gift card programs, Bonusly's recognition platform captures and analyzes real-time data on how organizations really work, communicate and connect, informing HR teams and managers so they can make more informed, faster business decisions.

"Judith has proven herself to be a compassionate, effective leader for the product design team," said Raphael Crawford-Marks, Bonusly founder and CEO. "And with her formidable skill sets in design, user experience, business management and computer science, we know she's going to drive the product forward to create an even better experience with even greater value to our more than 3,000 customers around the world. We are excited to see her apply her talents and expertise as she leads our product team."

About Bonusly

Thousands of companies worldwide rely on Bonusly to cultivate high-performing and motivated teams, regardless of their location, work setting, or industry. Bonusly serves as a crucial tool for investing in, and driving positive business outcomes from a company's most critical asset — their people.

Bonusly's engagement software is easy to use and enables companies to build stronger connections among and between teams, leading to increased collaboration and innovation among your workforce. Additionally, Bonusly provides exclusive insights at the individual, team, and company levels, empowering managers to make informed decisions regarding culture, professional growth, performance management, and employee retention. To learn more, please visit http://bonus.ly

Bonusly Wins Recognition for the Second Year in a Row.

Boulder, Colorado May 9, 2023: Bonusly, the leading employee engagement solution provider, has once again been named to Inc. magazine’s annual Best Workplaces list for the second year in a row. Featured in the May/June 2023 issue, the list is the result of a comprehensive measurement of American companies that  have excelled in creating exceptional workplaces and company culture, whether operating in a physical or a virtual facility.

The Bonusly platform creates a culture of recognition in which employees receive an average of two meaningful, timely, detailed recognitions from peers and managers every week. After deploying Bonusly, more than nine in ten (93%) customers see improved employee engagement. Ranked by G2 as No. 1 in Employee Recognition and No. 3 in Employee Engagement, Bonusly is used by top-tier companies including Chobani, ZipRecruiter, Pender Veterinary, and SDMI. 

After collecting data from thousands of submissions, Inc. selected 591 honorees this year. Each company that was nominated took part in an employee survey, conducted by Quantum Workplace, which included topics such as management effectiveness, perks, fostering employee growth, and overall company culture. The organization’s benefits were also audited to determine overall score and ranking.

"Bonusly's goal is to boost employee engagement, morale, and retention through authentic and frequent recognition from co-workers and managers," explains Raphael Crawford-Marks, Bonusly founder and CEO. "Our solution has been built over the past decade with the aim of creating a culture where individuals feel valued as part of a larger team. Receiving this award for two consecutive years validates not only our efforts to create a great workplace culture but also the effectiveness of our solution in helping other organizations do the same."

“Being named to Best Workplaces is an honor that only a small fraction of companies have been able to claim,” says Inc.editor-in-chief Scott Omelianuk. “Proving to the world that you’re a magnet for talent and have a culture that keeps teams engaged, productive, and proud to come to work is a truly remarkable achievement.”

About Bonusly

Thousands of companies worldwide rely on Bonusly to cultivate high-performing and motivated teams, regardless of their location, work setting, or industry. Bonusly serves as a crucial tool for investing in, and driving positive business outcomes from a company's most critical asset — their people.

Bonusly's engagement software is easy to use and enables companies to build stronger connections among and between teams, leading to increased collaboration and innovation among your workforce. Additionally, Bonusly provides exclusive insights at the individual, team, and company levels, empowering managers to make informed decisions regarding culture, professional growth, performance management, and employee retention. To learn more, please visit http://bonus.ly.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multi-platform-content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

No. 1 Employee Recognition Platform Provider Expands its Organizational Analytics Capabilities, Empowering Organizations to Make Data-Driven Decisions and Maximize Performance

BOULDER, Colo. — February 28, 2023 — Bonusly, an engaging recognition and rewards platform that connects teams and enriches company culture, today announced it has received $18.9 million in Series B funding led by Ankona Capital. Prior investors FirstMark Capital, Access Venture Partners, and Next Frontier Capital also participated.

Bonusly, which is ranked by G2 as No. 1 in Employee Recognition and No. 3 in Employee Engagement, used by top-tier companies including Chobani, ZipRecruiter, Pender Veterinary, and SDMI. The Bonusly platform creates a culture of recognition in which employees receive an average of two meaningful, timely, detailed recognitions from peers and managers every week. After deploying Bonusly, more than nine in ten (93%) customers see improved employee engagement.

Recognition is crucial to employee retention. According to a 2022 survey of 2,000 respondents, 63% of workers feel unappreciated by their employer on a daily basis and 46% left a job because they felt unappreciated. Frequent, authentic recognition of their work can make an enormous difference. In fact, nearly two-thirds (65%) said they are likely to stay at a job if their coworkers and peers recognize their work, even if they have an unappreciative manager.

Especially in today’s volatile economic environment, organizations need an engaged and highly motivated workforce, along with accurate, current information about how their organizations truly work so they can be agile in making rapid, data-driven decisions to adapt as conditions change. Bonusly's platform empowers real-time recognition to highlight accomplishments big and small in a very positive and public way, which fosters stronger cultures and builds resilient companies. The company also provides strong support for an organization’s diversity, equity and inclusion (DEI) programs by recognizing and encouraging inclusiveness.
 
Additionally, while other employee engagement companies offer little more than gift card programs, Bonusly’s recognition platform captures and analyzes a treasure trove of real-time data on how organizations really work, communicate and connect, informing HR teams and managers so they can make powerful behavior change throughout an employee population. Bonusly’s proprietary graph database enables management to gain a keen understanding of how their company actually functions. With this information, HR and managers can better help team members continuously improve, foster collaboration and belonging, and assess behavior changes to predict turnover. 

“We saw almost instant engagement with Bonusly after deployment, and the recognition our people have given and received has had a big positive impact on employee morale,” said Daniel McAdams, President at Andiamo. “We’ve seen significant, measurable increases in our employee retention and engagement rate, which has translated to greater productivity. And just as important is the rich, current data Bonusly provides on the interconnections within our organization. We’re a stronger organization thanks to Bonusly.”

Bonusly will use the new funding to enhance its recognition platform and continue to further build out its analytics capabilities. The company will also invest in sales and marketing to further expand go-to-market activities.

“Bonusly customers see significant, measurable improvement in employee engagement and morale with Bonusly,” said Newth Morris, Partner at Ankona Capital. “The organizational network data that Bonusly provides is both powerful and unique. But just as important is the leadership team’s approach to managing the company with incredible capital efficiency. Raphael founded and bootstrapped the company for nearly three years before raising capital, and that culture of making every dollar count continues to this day. It puts the company in a very strong position to address the challenges companies face motivating, retaining and understanding their workforce in a rapidly changing economic landscape.”

"This new capital will enable us to expand and build on the strong foundation we have in place, enabling companies to meet the constantly changing people challenges of today’s volatile economy," said Raphael Crawford-Marks, founder and CEO of Bonusly. "Since our Series A, we have seen our valuation more than triple, despite the multiple compression that has occurred in today’s market — a strong recognition of the value we already provide and the even greater opportunity that lies ahead. We’re just getting started.”


About Bonusly
Thousands of companies worldwide rely on Bonusly to cultivate high-performing and motivated teams, regardless of their location, work setting, or industry. Bonusly serves as a crucial tool for investing in, and driving positive business outcomes from a company’s most critical asset — their people.

Bonusly’s engagement software is easy to use and enables companies to build stronger connections among and between teams, leading to increased collaboration and innovation among your workforce. Additionally, Bonusly provides exclusive insights at the individual, team, and company levels, empowering managers to make informed decisions regarding culture, professional growth, performance management, and employee retention. To learn more, please visit http://bonus.ly.

About Ankona Capital
Ankona Capital is a southern California-based growth venture firm that invests $5 to $15 million into early growth-stage B2B software companies, which typically have $5-$15 million in recurring revenues. Ankona’s team of experienced investors and operating partners have over 50 years of combined software and investment experience. Ankona is focused on creating a winning, inclusive, and rewarding culture that caters to founders, provides resources and support to entrepreneurs and fosters opportunities for tech companies and investment outside of Silicon Valley. To learn more, visit ankona.com.

Press contact
Jeff Miller
Nonfiction Agency
jmiller@nonficationagency.com
541-207-6413

To the Bonusly community, 

Security is a top priority for us at Bonusly. We build security into our systems, our processes, and our culture. We understand our customers and users are trusting us with their data and we take the responsibility of securing it extremely seriously.

We recently became aware that Bonusly has joined a growing list of companies over the last three days that are being impacted by security incidents. 

What happened

Most critically, Bonusly was not the original target of this incident, and none of our customer company or personal data has been stolen.

We have identified a bad actor that has used a number of compromised credentials exposed in third-party breaches to fraudulently access and redeem rewards within the Bonusly platform. We have assembled a list of compromised accounts, implemented technology to blocklist identified intruders, and are making additional security enhancements to address this specific incident. It is our understanding that law enforcement is aware of the broader suite of incidents and is investigating.  

What we're actively doing

We will be contacting any customer who is potentially at risk to communicate how to take additional actions to further protect your account. We will include instructions and suggestions on further security measures that can be taken by your organization and details on actions taken by Bonusly directly related to your account.

We have included updates to the Bonusly in-app experience, plus security tips you can take below if applicable. We will continue to update you with the utmost transparency.

For Bonusly Customers: In-app updates & how to secure your passwords

Here are some of the immediate actions that Bonusly is taking in response to this incident:

• Lowered a daily limit for reward redemption per user.

• Removed the ability for admins to adjust user balances.
  User balances can still be adjusted administratively by reaching out to your Bonusly CSM.
• Increased security and complexity requirements for passwords.
  For users who authenticate via web login (username and password), Bonusly uses an algorithm that analyzes the complexity of your password to ensure it is strong and unique. We have adjusted our algorithm to increase the required complexity. This means you will be required to have a stronger and safer password to protect your Bonusly account (and your Bonusly points!) from intruders. If you authenticate to Bonusly via SAML or SSO from other third party systems (Okta, GSuite, etc.), we strongly recommend the use of strong passwords and multifactor authentication (MFA) for those systems.

Here’s a list of our go-to tips for creating secure passwords:

• Never reuse passwords
• Use 2 factor authentication wherever possible (highly recommended)
• Use at least 15 characters for your password (the more, the better!)
• Use a mixture of both uppercase and lowercase letters
• Mix in letters and numbers, passphrases are the best!
• Include at least one special character
• Try to avoid using actual words from any language by themselves because they are easier to guess and decode (i.e., Burgundy)
• Consider using a password manager program to keep track of your passwords, which defeats a lot of standard hacking attempts

You can learn more about setting up MFA in our Help Center

We are committed to keeping Bonusly secure for all users, and we appreciate your partnership in making this happen. 

Raphael Crawford-Marks,
Founder & CEO, Bonusly 

You know what you expect from your employees, but do you know what your employees expect from you? 

Your employees have their own expectations for how your organization and your leaders should act; if their expectations aren't met, they’ll eventually look elsewhere for work. The cost of turnover runs anywhere from 16 to 213% of an employee’s annual salary—so now is the time to consider your company’s current practices and whether you’re living up to your employees’ expectations.

Meeting employee expectations in modern business

In order to improve employee engagement and retention at your organization, you'll need to develop a deeper understanding of your employee’s expectations and the modern business best practices that can address them. Your individual employees may not always be vocal about their expectations, but several studies have honed in on what employees really want in the modern business world.

Business success in 2023 demands adaptability. Learn everything you need to know about creating more resilient, engaged teams today:

-> Download the Free Guide: 3 Steps to Building Engaged, Resilient Teams

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So, let’s start with what we know for sure:

In the modern business landscape, employees expect to be treated with respect, to be paid equitably, to trust and be trusted by the people they work with, to feel job security, and to have opportunities to use their skills and abilities in their work. Not only do they expect to be treated respectfully, but they expect that all employees at all levels will be treated respectfully, as well, per SHRM's Employee Job Satisfaction and Engagement Report.

According to SHRM, the top five contributors to job satisfaction were:

• Respectful treatment of all employees at all levels
• Compensation/pay, overall
• Trust between employees and senior management
• Job security
• Opportunity to use your skills and abilities in your work 

What's notable about this list is that most employees value respect and trust over benefits, pay, or job security. In the report, SHRM notes that this has been the case every year since 2014, with 72% of female employees and 57% of male employees indicating that “respectful treatment of all employees at all levels” is a very important contributor to job satisfaction.

Since giving your employees the opportunity to use their skills and abilities in their work is a top contributor to their job satisfaction, what if you offered them chances to develop their skill sets and grow within your organization?

In a recent Bonusly poll, we learned that many people surveyed cited career development as a key driver for employee engagement. 🚗

If you don’t work to meet employee expectations, odds are folks will start to look elsewhere, especially if your company culture leaves something to be desired: in the same Bonusly survey, nearly half of respondents left a job because they felt underappreciated by their boss. 

If that last turnover stat surprises you, check out the full list of surprising employee retention statistics.

What else do your employees expect?

Modern employees value meaningful work and look for companies that value a healthy work-life balance. Positive company cultures and mentorship are also high on modern employees’ list of expectations. Let’s dive into each to see what they’re all about.

1. Purpose

Modern employees are driven by a sense of purpose, and they demand more from a company than just a salary. A poll concluded that 57% of younger Americans said that they wanted to be part of something that was enjoyable or made a difference in society, demonstrating that fulfillment is a key driver of employee happiness.

If you’re not at an organization with a strong mission, it’s still worthwhile to be transparent and regularly communicate your immediate and long-term business goals. Being reminded of the impact they have on your end-users, your coworkers, and other stakeholders can help your employees feel a greater sense of purpose and find meaning in the work they do.

Purpose, progress, and belonging are key elements of engaged, motivated teams. Learn more:

2. Culture

Culture is tied closely with purpose, and is typically immediately evident within a company. A company’s culture is a company’s personality, and it has wide-ranging impact across an organization.

But why do modern employees value the culture at their workplaces so much? Because they want to feel connected to a purpose and take part in something larger than themselves. When you clearly communicate your company core values and mission, those shared objectives can contribute to a sense of identity and community.

Your company culture defines for you and for all others, how your organization does business, how your organization interacts with one another and how the team interacts with the outside world, specifically your customers, employees, partners, suppliers, media and all other stakeholders.
–Peter Ashworth, Chief Marketing Officer/Chief Operating Officer at Wells of Life

3. Onboarding

Having a great onboarding process isn’t a “nice to have”—it’s an absolute must. When BambooHR surveyed more than 1,000 currently employed Americans, nearly a third of respondents indicated that they’d left a job before hitting the six-month mark.

One of the top reasons for leaving so quickly? A poor onboarding experience.

An employee’s first few days at a company send a powerful message about what their experience will be like going forward. From the messaging of the official welcome meeting, to what they see, hear, and do during working hours, onboarding experiences can either confirm or undermine the impressions new hires formed during the hiring process. If an employee feels like they’ve been misled by their interview process, it could severely color their productivity and engagement going forward, or even push them to leave.

4. Growth opportunities

Employees who don’t feel supported in their professional development are three times more likely to search for a new job.

Modern employees are always looking up, and 59% of younger workers say opportunities to learn and grow are extremely important to them when applying for a job. In fact, it ranked in the top three job attributes that younger employees value most, separating them from previous generations.

This is an area that many companies are sorely lacking since only 39% of those young employees say that they learned something new in the past 30 days that they can use to do their jobs better. Providing opportunities for career development and training goes a long way in both engaging and retaining employees—and represents a competitive edge for the companies that do so.

5. Leadership

Consider this: 40% of employees who do not rate their supervisor’s performance highly have interviewed for a new job in the last three months, compared to just 10% of those that do rate their supervisor highly. Managers can make or break their employees’ work experience, so it’s important for every leader in your organization to continue growing their management skills in order to retain employees.

Strong leadership also has huge implications for company culture. If leaders don’t embody and reinforce company values and beliefs, it’s hard for employees to believe in a company’s mission. In order to positively influence their employees, leaders have to talk the talk—and walk the walk.

6. Autonomy

While mentorship and guidance are certainly welcome, most employees want to have control of their work. They want to be able to decide when, where, and how their work gets done. Nobody likes being micromanaged, because it indicates a lack of trust. As emphasized in a recent HBR article:

Micromanagement” is a dirty word in today’s workplaces. Bosses who intervene too often or too extensively in their subordinates’ activities get a bad reputation, and most forward-thinking organizations have come to value employee autonomy more than oversight.
-HBR

By resisting the urge to micromanage your employees and giving them the autonomy to do their jobs, you’ll show them that you trust them—the second most important expectation modern employees have of their employers, according to SHRM. Plus, the more independent work they do, the more opportunities you have to recognize your employees for the great work they do!

How can HR teams, managers, and leaders inspire employees to be stronger and more flexible in times of ongoing change? Learn more:

-> Download the Free Guide: 3 Steps to Building Engaged, Resilient Teams

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7. Recognition

Giving recognition is foundational in retaining and engaging employees, and it’s an underutilized engagement tool despite being a simple, low-overhead interaction. Recognition doesn't cost anything, and it takes very little time to say "thank you."

You can lower the overhead of recognition even further by implementing a peer recognition program. Instead of relying on a few people to witness, recognize, and reward every valuable contribution your employees make, you can empower everyone in your organization to recognize each other. An added benefit of peer recognition is that it satisfies modern employees’ expectations of autonomy, giving them the freedom to express their own values and expectations through the praise they give their colleagues.
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--> See how Bonusly customer Marmon is increasing recognition and retention on their global team:

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The takeaway

The world is changing, and so is the workplace! It’s important to stay dynamic and evolve in order to attract and retain the best employees. With a better understanding of what modern employees expect of their employers, from growth opportunities to purpose-driven work, you can create an environment that your people will love. If you can provide an experience that exceeds your employees’ expectations, chances are good that you’ll grow with them, too.

To learn how you can improve the employee experience at your organization, check out our latest guide 👇

I’ve always enjoyed building things. There’s something special about starting something from scratch and bringing it to fruition.

Bonusly began as a side project in 2012 because I was interested in how technology was changing the way we work. I saw how the knowledge economy fostered more employee-centric management practices and built Bonusly to enable real-time employee recognition and feedback.

And I’ve been working with some brilliant people to continue building Bonusly ever since. 

Eight years and more than 15 million bonuses later, I’m proud to share two huge wins for our Bonusly team: 

For the 2nd year in a row, Bonusly made the Inc. 5000 list! 🚀

The Inc. 5000 lists the nation’s fastest-growing private companies, and our placement is a result of two major factors: 

• Our team’s hard work and dedication
• The growing need to engage employees and foster connections at work

And as more companies transition to full-time remote or distributed workforces, engagement platforms like ours enable teams to connect with their work and each other in meaningful ways. You can read more about what our inclusion on this list means to Bonusly here. 

We’ve been named a 2020 Colorado Companies to Watch winner! 🎉

We love calling Colorado home, and being named a Colorado Company to Watch is something I’m deeply proud of. For my out-of-state peers, Colorado Companies to Watch recognizes 2nd stage companies that develop innovative products, create quality jobs, enrich their communities, and have a powerful economic impact in Colorado. 

While we have amazing team members working all over the country, Colorado is Bonusly’s home base. In the 3.5 years I’ve lived here, I’ve watched the state grow into one of the country’s top markets for technology and innovation. Bonusly is a quickly growing company and we’re just getting started. We’re going to continue building new features and products to help organizations engage their teams, build positive workplace cultures, and achieve incredible success. 

From the start, we’ve been guided by the belief that people are what drives business success. With this in mind, I’d like to end this post with a quote from our Customer Communication Specialist, Adrianne Hipsher, on why recognition is important to her.

“Having the opportunity to give out recognition and add on to other’s recognition helps me stay in touch with all of the amazing things each team is accomplishing. I can celebrate teammates that I don’t talk to often or get the chance to work with. Feeling connected is so valuable in a time when we are asked to isolate and on the days where I am feeling off, seeing our Bonusly feed explode with positive thoughts is the burst of energy that motivates me to re-engage and reminds me why I love our company so much.” 

Keep on recognizing!