Loyaltyworks Launches New HR Application Suite for RewardTrax Platform

ATLANTA, Nov. 17, 2011 /PRNewswire/ -- Loyaltyworks, a leading provider of business incentive programs is now providing a Human Resources application suite to support employee recognition and engagement.  This is a new offering into their current line of module offerings available in RewardTrax, the SaaS (Software as a Service) technology platform that powers their online incentive programs.

(Logo: http://photos.prnewswire.com/prnh/20111117/CL09110LOGO)

The new HR module provides the structural backbone for an integrated recognition and reward system that reinforces an individual's contribution to the company, and provides a company-wide acknowledgement system of those efforts. A company may choose to use one, several, or all of the suite components to build and manage a corporate recognition culture.

The new HR Suite can include any or all of the following components:

• Service Awards
• Birthday Acknowledgement
• Spot Recognition
• Peer-to-Peer Recognition
• Nomination Process
• Suggestion Awards
• Associate Referral Program
• Sales Referral Program
• Training
• Surveys and quizzes
• Performance Management

A key component of this new application suite is the inclusion of an internal social media network. This feature allows Loyaltyworks' clients to utilize the growing trend of social media to create an internal culture of social recognition. Loyaltyworks' VP of Product Development, Dan Leong says, "When individuals are recognized, whether it is through a management 'spot-reward,' a peer-to-peer 'attaboy,' or submitting a cost saving suggestion, those actions are posted to an internal wall that all individuals in the company have access to."  He also says, "It not only recognizes people over the broad spectrum of the company, but provides the motivation for others to contribute to the health and growth of the company."

The Web-based RewardTrax technology platform delivers custom branded, points-based business reward programs.  Loyaltyworks designs programs around RewardTrax to boost performance for a wide range of goals, including higher employee engagement through recognition and more. Loyaltyworks offers complimentary consultations and demonstrations of the RewardTrax platform.

About Loyaltyworks

Loyaltyworks designs, develops and manages full-service loyalty and incentive programs that produce measurable business results. Typical incentive-driven business solutions include channel sales promotion and loyalty, customer loyalty programs, sales incentive programs, and employee reward and recognition. The company supports all of its points-based incentive programs with a comprehensive set of tools and services including program design, the RewardTrax technology platform, participant communications, program management, reward fulfillment and performance measurement. For more information call 1-800-844-5000 or visit http://www.loyaltyworks.com.

SOURCE Loyaltyworks