Bonusly offers an online platform that allows workforces to show their appreciation for a peer through online recognition and rewards. Members are provided with a fixed amount of monthly 'points' which they can give to peers as a token of their appreciation in the public domain or privately. The company claims that the 'gamification' of these recognition and reward systems helps boost engagement, teamwork and collaboration within the workplace.

Gamification is becoming a common application within the workplace, and Bonusly’s application of this to recognition and reward seems obvious yet original. The company is in the process of adding non-US redemption options as well as scaling its travel and experiences offerings.