7 March 2017

Rewardz introduces employee benefits app

Singapore-based HR technology solutions provider Rewardz has launched Cerrapoints, a mobile-friendly incentive and flexible benefits programme.

"Since we launched Rewardz in 2012, we had always wanted to create an app like Cerrapoints to assist companies in providing bespoke employee benefits that contribute towards employee wellness and satisfaction while also allowing for better targeting of specific behaviours to incentivise," said Nicole Seah, Co-founder of Rewardz.

"Providing a performance-based spot rewarding platform and offering employees a choice of their incentives has been proven to boost morale and productivity and can help companies to succeed in achieving a lower turnover amongst their employees."

Cerrapoints aims to empower and reward employees for actions that contribute towards their company's strategy and business goals, beyond the traditional salary and bonus compensation model. Companies can choose to reward staff for staying healthy, long service, or job-specific activities such as client or staff referrals, among others.

Companies can use the app to keep staff updated on training sessions or a colleague's birthday. Staff members can also be reminded of scheduled appointments. The app can additionally be synced with sports devices such as the Jawbone or Fitbit, track steps and even remind users to get up from their seats regularly.

The Cerrapoints app can make vouchers from brands like Capitaland, Dairy Farm, Isetan, Kinokuniya, and Robinsons available at once. There are also product redemptions such as Dyson fans and fitness products; as well as medical screening.

"We are in discussion with a regional healthcare provider for a strategic partnership that will allow us to integrate cashless mobile payments at GP clinics and medical centres to complement our rewards vendor network on a single platform. Our vision is to evolve Cerrapoints into a gamified and fun flexi-benefits platform that can consolidate medical spending (MSA) and flexible spending (FSA) budgets for large companies," said Sudhanshu Tewari, CEO of Rewardz.

"We believe that this is a unique offering for insurance brokers and companies looking for a flexible benefits solution in Asia."

Over the past few years, Rewardz has secured over 100 clients and serves more than 200,000 employees, including DBS, Manulife, Disney, NUHS, JTC, Fuji Xerox, DB Schenker, Intercontinental Hotel, Ascott Holdings, Lendlease, amongst many others. The Cerrapoints app is currently used by DBS and Carrier; and has been receiving positive feedback since its implementation.

In December 2016, Japanese giant Benefit One invested S$3 million in Rewardz. Founders of Rewardz Tewari, Seah and Jaya Maru remained as shareholders together with Benefit One shareholders, with all other shareholders exiting as part of the agreement.

Rewardz is also behind the customisable employee engagement programmes Emperks and Flabuless.


The mobile app is available on both the Apple and Google Play stores.

posted from Bloggeroid
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