Bonusly, a startup aiming to help employees get recognized for quality work, raises $18.8M

Employee recognition is a key retention tool in a competitive jobs market. According to a recent SurveyMonkey poll, 82% of staffers consider recognition an important part of their happiness at work, while an equal percentage — 82% — report feeling happier overall as a result of receiving (presumably deserved) work recognition. It’s not just employees who see the value. In an industry poll, 56% of HR leaders told the Society for Human Resource Management that employee recognition programs help with recruiting top talent.

Perhaps it’s unsurprising, then, that startups facilitating employee recognition and the doling out of merit-based rewards have gotten a lot of investor attention. Read Entire Article

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