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The importance of good technology in Rewards 

What makes a successful reward and benefits platform?

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As technology advances, it becomes increasingly valuable to the people industry. Rippl was recognised with the Employee Benefits Provider of the Year award at the Rewards 2023 for using technology to significantly improve employee engagement, recognition, reward, benefits, and feedback, helping companies tailor their reward programs. 

 

Winning entrants to this award must show their technologies offer an all-encompassing approach to employee wellbeing, should be genuinely useful, take a comprehensive view of incentives, and ultimately create better experiences for program participants. Rippl’s platform stood out for its ability to combine recognition, rewards, benefits, and feedback into a single hub accessible across devices - eliminating the need for multiple systems and apps.

 

Another strength, was that each of Rippl’s programs can be tailored to an organisation’s unique culture and incentives strategy, like Charlie Bigham’s values-based peer recognition campaign. Its platform also creates inclusive opportunities, such as for deskless workers at partners like Asda, where deskless workers make up 90% of the workforce, ensuring all employees can participate.

 

New offerings, like its benefits hub, demonstrated a commitment from Rippl to understanding evolving needs. By streamlining critical programs into its platform, Rippl drove exceptional engagement and business impact. Using the platform, Asda sees 1 recognition every 4 minutes, with 74% redeemed for rewards, saving millions in monthly savings through retention. The benefits hub drives 30K+ engagements per month for Asda. In 6 weeks, Charlie Bigham’s saw 45% of employees register, 70 recognitions, and £2,500 in voucher redemptions. Along with these two examples, Rippl engaged 250K+ global employees in the past year.

 

Rippl’s customisable, mobile-first approach allowed for seamless integration of incentivisation, and this comprehensiveness and ongoing innovation is why the company won Employee Benefits Provider of the Year. Organisations seeking to understand how tech can help them enhance experience, participation, and impact in 2024 and beyond should look to their model for inspiration.

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reward-strategy.com - an online news and information service for the UK’s payroll, reward, pensions, benefits and HR sectors. reward-strategy.com is published by Shard Financial Media Limited, registered in England & Wales as 5481132, 1-2 Paris Garden, London, SE1 8ND. All rights reserved. Reward Strategy is committed to diversity in the workplace. Copyright © Shard Financial Media Ltd.