Efectio is one of the best employee engagement platforms. It will help with your company’s culture management. Read about them in this article now
Efectio is an all-in-one company culture platform that enables the company to train employees, know their physical activities, manage workplace stress levels, analyze employee data, and provide benefits based on a point system. It also has an onboarding system, which makes hiring easier and more convenient.
This review will give you an overview of the software and the company and see if this company culture platform fits your company’s needs.
Efectio is an all-in-one company culture management platform that integrates training, benefits, onboarding, and employee analytics in just one platform.
As a company, Efectio believes in the power of employee engagement and providing a friendly working environment to ensure the development and growth of both the company and its workforce. The platform focuses on developing a company culture that enables job satisfaction and upskilling among employees, ensuring company growth.
The platform offers the following solutions:
The platform's primary focus is to ensure a good company culture is built that enables learning, job satisfaction, engagement, and growth among employees.
Each program or solution provides the company with the tools and indicators that will help them develop a working environment that is not only focused on growing its profit but ensuring that employees' well-being and satisfaction are taken care of.
As mentioned earlier, Efectio offers various solutions that the company can use to attain its vision and goals regarding job satisfaction and skills development among its employees.
Powered by Artificial Intelligence, Efectio has several tools integrated into one platform. Each tool can be designed based on the company’s needs. Here are the tools or solutions that the platform is offering:
We will look at each of these in turn, just look for the numbers corresponding above to the subheadings below.
The platform can be used to manage the company’s products, events, ideas, and projects. Since everything is already in one place, progress monitoring, communication, and feedback can be done easily and smoothly. This makes daily work easier.
Meanwhile, its Employee Experience Solution also focuses on Objectives and Key Results (OKRs), which measure the effectiveness of not only the company’s programs but the rate of employee engagement in programs and projects of the organization.
While Key Performance Indicators (KPIs) are essential, it is crucial to consider the individual goals and objectives of the employees as these, too, play a critical role in workers’ and company growth.
The OKR principle also allows the management to engage with employees often, encouraging them to set personal goals and achieve those goals. With individual goals and aspirations aligned with the company’s goals and objectives, this opens the opportunity for a deeper connection between the management and the employees and to develop possible solutions to problems and concerns.
On the other hand, this employee experience solution also encourages the following to develop a good company culture:
Internal social recognition promotes a culture of celebration within the organization. Recognizing individual achievements and contributions contribute to employees’ productivity.
Part of a great employee experience is an open dialogue between employees and management. This regular performance dialogue creates a progressive environment that allows employee growth and builds trust between management and workforce members.
Furthermore, the management can monitor employee-to-employee interactions and engagement in real-time.
With the reward points system, the management can incentivize employees as they finish a task or achieve specific goals. Giving incentives and rewards to employees has been proven to improve the quality of their outputs and the company’s overall culture.
Your company can develop its employees' learning and skills development programs through the platform. It also provides canned learning materials through its education marketplace.
Their ready-made learning materials and programs include:
The above-mentioned canned learning materials or programs are just a few of more than 1,000 ready-made course materials available in their Education Marketplace. These programs are designed and delivered by experts. Depending on the learning goals, some programs can last up to one month.
Meanwhile, the program promises an easy microlearning program development, which can be designed specifically for what the company needs.
You can set up your microlearning programs through the platform and monitor the results through its Challenge Tool. Through the Challenge Tool, you can provide detailed information on the learning experience, the number of tasks, and the time the employee needs to finish it.
On the other hand, using the Insight Tool, you can review the overall result and performance of the employees after they finish the learning task. You can print infographics and data sheets through this tool for further analysis and recordkeeping.
Data analytics can provide your company the comprehensive insight into employees’ growth and progress based on four pillars of employee engagement:
Rewarding employees with incentives and other perks can increase productivity and improve the company’s health.
With a wide array of product partners, it can provide your company with the best employee incentives and rewards. Here are just a few rewards that you can provide your employees through the platform:
The Prepaid MasterCard® is the most popular incentive customers choose for their employees. It’s simple and has many benefits, including worldwide payments and secure online shopping. Your company can easily remit the money through these prepaid cards for employees to use anytime, anywhere.
With its powerful AI technology, it is easy for the company to monitor the OKRs and KPIs using the platform. The data gathered through the Insight Tool enables the company to see the challenges that the company is facing and create programs that promote healthy working habits, career development, acquiring new skills, and customized incentives and perks for employees.
One of the strengths of this feature or tool is that it allows the company to effectively remind the workforce about the organization’s mission, vision, and values. This helps the employees align their career goals with the company’s goals and values.
It has been proven that employees that believe and fully embrace the company's goals and core values work harder as they see themselves as significant contributors to the organization's growth.
While the above list may seem exhaustive, that is not the case. Here are a few other features of Efectio:
Headquarters: New York
Year Founded: 2017
Founder: Arturs Bernovskis
Size (Employees): 11 – 50
Industry: Human Resources Services
Key People: Arturs Bernovskis (Founder and CEO); Egils Boitmanis (Management and Marketing Head); Peteris Kelle (Technology Head); and Kitija Katrina Liepa (Communications Head)
Efectio is not the only company that offers an easy employee reward system, employee engagement, and HR development software in the market. A relatively young company that started in 2017, here are some of the companies in the employee engagement platform race:
For startups with up to 10 employees, Efectio offers its services for free. However, their free service limited features.
On the other hand, for Basic, Advanced, and Enterprise, you must contact the service provider for pricing and request a demo. Prices are in US Dollars and Euro.
As a platform, this technology offers an all-in-one solution for your employee rewards software needs. It has everything you need to ensure employee productivity and a conducive work environment. It has the tools to
With Employee Data Analytics, the platform also enables management to see the areas of work that need improvement and provide solutions to possible problems and issues that might affect the overall working condition of the employees.
What is noteworthy about this platform and the company is its vision of creating a positive company culture that ensures the workforce's well-being since it is crucial to the company’s overall growth. This can be achieved by providing a fertile ground for effective microlearning, skills and learning development, and rewards program—all of these are offered by Efectio.
This can be a good HR tool for startups since it offers a free subscription but only with limited features. On the other hand, with big companies like Accenture, SEB, and Playtech in their roster of satisfied customers, this may be the platform for you.
Are you a company that uses Efectio? Do you think that this is an effective company culture tool? Please share your insights and reviews regarding this product in the comment section below.
