The Challenge
Despite having reward initiatives in place, employee engagement with recognition and rewards was inconsistent. Different employee segments valued rewards differently, and the organization lacked a unified, data-driven approach to incentivization and redemption. There was also limited visibility into what rewards truly motivated employees, leading to underutilized budgets and missed opportunities to reinforce desired behaviors across functions.
The Solution
The company partnered with Xoxoday Empuls to launch a comprehensive, HRMS-integrated Rewards & Recognition platform. Empuls enabled a flexible, segmented rewards strategy that combined peer recognition, milestone-based rewards, and frequent micro-incentives. With a wide, customizable rewards catalog and real-time redemption analytics, the organization could align rewards with employee preferences while driving sustained engagement across roles and locations.
Program Inputs & Reward Strategy
Reward Design & Patterns Implemented
- Micro-rewards for frontline staff: ₹200–₹500 rewards tied to KPIs, on-time reporting, and customer satisfaction
- Recognition-linked points: Peer-to-peer recognition converted into redeemable points, empowering employees with choice and flexibility
- Milestone & seasonal rewards: Automated points for birthdays, work anniversaries, festivals, and appraisal cycles
- Quarterly campaigns: Rewards for regulatory compliance, cross-sell achievements, and cross-team collaboration
Catalog & Segmentation Strategy
- Top redemption categories: Fuel cards, mobile recharges, wellness vouchers, food delivery
- Segmented catalogs:
- Mid–senior employees: Gadgets, travel gift cards, investment-linked vouchers
- Younger workforce: Swiggy, Amazon, UPI cashbacks and instant rewards
Outcomes & Results (First 6 Months)
- Average redemption rate: 68%
- Repeat redeemers: 74% of employees redeemed rewards more than once
- Top 3 redeemed categories:
- Fuel & utility cards
- Meal & grocery vouchers
- Health check-ups & fitness memberships
- Noticeable redemption spikes during Diwali, New Year, and appraisal cycles
- Improved participation across frontline and corporate roles driven by frequent, relevant rewards
Conclusion
By implementing Xoxoday Empuls, the organization transformed its rewards program into a personalized, data-driven engagement engine. The combination of micro-rewards, milestone-based recognition, and segmented redemption catalogs ensured relevance across employee demographics and functions. With strong redemption rates and high repeat participation, Empuls enabled the company to maximize reward impact, optimize budgets, and embed a culture of appreciation that resonated across its distributed BFSI workforce driving engagement not through one-size-fits-all incentives, but through meaningful choice and timely recognition.
Company Overview
Industry: BFSI (Non-Banking Financial Company)
Employee Strength: ~1,000 employees
Geographic Presence: 20+ cities across India
The organization operates with a diverse workforce spanning customer support, field sales, credit risk, and technology teams. With employees distributed across multiple cities and roles, the company aimed to build a consistent culture of appreciation while improving participation in its total rewards ecosystem.
