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Jan 31, 2022

Helping Companies Retain and Engage Employees Led to Kudos’ Record Growth in 2021

Helping Companies Retain and Engage Employees Led to Kudos’ Record Growth in 2021 Helping Companies Retain and Engage Employees Led to Kudos’ Record Growth in 2021
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With a growing headcount set to double in 2022, an expanding user base, and prestigious awards, Kudos® is poised for further expansion in the year ahead.

Monday, Jan 31, 2022 – Calgary, Alberta –  Kudos®, the company that unlocks potential with employee recognition, announced today impressive 2021 growth achieved by providing companies with the platform they need to create a thriving workplace culture and its expansion plans for 2022. 

Since the onset of the pandemic, Kudos’ employee headcount has more than doubled. Additionally, the recognition, people analytics, and organizational communications platform continues to welcome record numbers of new users from over 80 countries.

“People power companies and if the Great Resignation has taught organizations across the world anything it’s that in order to remain competitive they will need to recognize their teams,” said Muni Boga, CEO and Co-founder of Kudos. “This realization has created an increasing demand for our solution. The best companies in the world are realizing that fostering a culture of meaningful recognition brings a host of benefits, including improved employee engagement, reduced turnover and absenteeism, and impactful performance improvements.”

Ending the previous year by announcing the Canadian Business Growth Fund’s (CBGF) $10 million minority investment, Kudos® continues to garner accolades and recognition from the industry. 

Some key awards Kudos has recently received include:

  • Employee Experience Platform of the Year from Remote Tech Breakthrough
  • 2022 Quality Choice Award, Happiest Users, and Trusted Vendor 
  • HRO Today Baker’s Dozen Overall Recognition Leader
  • G2’s Top 50 Best Products for HR 2021
  • Best Usability, Fastest Implementation, Most Implementable, “Users Love Us”, Best Relationship, and Easiest to Use.

Kudos plans to double its headcount again in 2022 to support the unprecedented demand for its recognition platform worldwide.


For Media Inquiries:

Saema Nasir
PR Practice Leader
saema@thestarrconspiracy.com


News

Jan 28, 2022

Kudos Named a Top Recognition Provider by HRO Today Magazine  

Kudos Named a Top Recognition Provider by HRO Today Magazine  Kudos Named a Top Recognition Provider by HRO Today Magazine  
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Kudos® earns coveted spot on Baker’s Dozen 2021 Customer Satisfaction Ratings™ list of top employee recognition providers.

January 27, 2022 - Calgary, Alberta - Kudos®, the company that unlocks potential with employee recognition, has earned a spot on HRO Todays Baker’s Dozen 2021 Customer Satisfaction Ratings™ list of top employee recognition providers.

The ratings that earned Kudos® this achievement came from authenticated client feedback surveys administered and vetted by HRO Today.  

During the virtual award webcast, Elliot Clark, CEO at HRO Today Magazine, congratulated the winners, “This is the largest and most prestigious survey in employee recognition services,” he said. “I’d like to congratulate all the providers for making the list.”

HRO Today analyzes survey results across three subcategories:

  • Breadth of service
  • Size of deals
  • Quality of service  

The best scores are featured on the annual Baker’s Dozen Customer Satisfaction Ratings™ list.

“We’re inspired by our clients every day,” says Kudos® Founder & CEO Muni Boga. “They have faced unprecedented challenges in the last two years, and yet they continue to prioritize their employees; the results they see from that choice is remarkable. We feel humbled and inspired by our client's partnership and participation in this survey. To know that they are impressed by the quality and breadth of our client service is the ultimate recognition.”

 

About HRO Today:

The HRO Today Association is the standard-setting organization for the human resources industry and the premier networking and content community for advancing the HR profession. By engaging in professional development opportunities and connecting with peers, members improve the quality, effectiveness, and efficiency of their HR operations and service delivery. The Association is managed by HRO Today/SharedXpertise Media, whose magazines, web portals, research, e-newsletters, events, and social networks reach over 180,000 senior-level HR decision-makers with rich, game-changing content.

News

Dec 6, 2021

Kudos Accelerates Market Dominance in Employee Recognition with Announcement of Growth Equity Investment by CBGF

Kudos Accelerates Market Dominance in Employee Recognition with Announcement of Growth Equity Investment by CBGF Kudos Accelerates Market Dominance in Employee Recognition with Announcement of Growth Equity Investment by CBGF
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Canadian tech innovator is shaping company culture and driving employee performance amidst global shifts in employee expectations and widespread turnover.

FOR IMMEDIATE RELEASE - Monday, Dec. 6, 2021 – Calgary, AB - Market-leading employee recognition, people analytics, and organizational communications platform Kudos®, Inc. (“Kudos®") announces Canadian Business Growth Fund's (CBGF) $10 million minority equity investment in the rapidly expanding company. The Canadian tech firm began an accelerated growth trajectory with unprecedented growth at the end of Q4 2020 and has only continued to build momentum from there. This investment further positions Kudos® for global expansion; Calgary-based Kudos® is expected to double its headcount to 120 employees in the Calgary area and across Canada by the end of 2022.  

Kudos® is taking a bold position in the HR and work technology market through their proprietary Performance Recognition™ approach that puts recognition first and creates lasting organizational performance and culture changes. Other rewards-focused vendors only generate short-term behavioral changes. In contrast, Kudos® continues to invest in technology to better understand employee behaviours, identify performance at all levels, and promote positive workplace culture.

Kudos®’ recognition-first approach provides companies with meaningful insights through Kudos® Analytics. These built-in people analytics empower clients to assess pain points to prevent employee turnover, drive performance amongst their teams, and develop a better understanding of their employee experience.

Kudos® is used in 80 countries by clients operating in a broad range of industries with remote, field, hybrid, and on-site teams. The Kudos® platform addresses many of the root causes of employee disengagement - a major contributing factor to the Great Resignation many employers are experiencing.

“Today’s multi-generational workforce has unique needs and expectations, exacerbated by a shift to remote and hybrid environments. Creating culture online is hard. High-performing organizations are adapting quickly – they are committed to measuring and enabling employee recognition, culture, and performance.” said Muni Boga, CEO and Co-Founder of Kudos®. “Kudos® is a strategic technology partner for such organizations. This investment from CBGF will empower us to help more organizations worldwide make the necessary shift towards long-term employee enablement and improved company performance.”

“As the forces of the Great Resignation continue to impact companies across the world, Kudos® is positioned to fuel employee retention through long-term culture optimization, meaningful, and effective employee recognition, and impactful communication,” said George Rossolatos, CEO of CBGF. “At CBGF, we value growth through innovation and have an organizational commitment to put our employees first to best support our partnerships. That natural value-alignment with the great work Kudos® is doing makes this partnership a natural fit - we look forward to the growth ahead.”

***

About Kudos®: Kudos® is an employee engagement, culture, and analytics platform, that harnesses the power of peer-to-peer recognition, values reinforcement, and open communication to help organizations boost employee engagement, reduce turnover, improve culture, and drive productivity and performance. Kudos® uses unique proprietary methodologies to deliver essential people analytics on culture, performance, equity, and inclusion, providing organizations with deep insights and a clear understanding of their workforce. Based in Calgary, Alberta, Canada, the Kudos® platform is used in over 80 countries on six continents in a wide variety of industries and languages.

About CBGF: The Canadian Business Growth Fund (CBGF) provides long-term, patient, minority capital to ambitious entrepreneurs to fund growth and expansion of mid-market businesses with investments between $3 to $20 million. An evergreen investment fund with capital commitments of $545 million, CBGF is committed to long-term partnerships with the companies it invests in. As part of its mission to drive growth, CBGF connects business leaders and sector experts to help its partner businesses achieve their full potential. For companies seeking investment opportunities, please email us at contact@cbgf.com. To learn more, please visit us at www.cbgf.com.

For Media Inquiries:

Margaux Morgante, margaux.morgante@kudos.com

News

Dec 2, 2021

Kudos Recognized for HR Tech Innovation, Ease of Implementation and Usability

Kudos Recognized for HR Tech Innovation, Ease of Implementation and UsabilityKudos Recognized for HR Tech Innovation, Ease of Implementation and Usability
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CALGARY, ALBERTA, December 2, 2021 – Kudos®, an industry-leading employee recognition and engagement company, has been recognized as a finalist in the Innovation in HR Technology category of the 2021 HRO Today Association Awards.  

The HRO Today Association is a standard-setting organization for human resources professionals and its 2021 awards program garners attention from leaders worldwide. “The quality of nominations this year is by far the best we have ever seen,” says Renée Preston, Global Executive Director of the HRO Today Association. The HRO Today awards recognize leadership, collaboration, innovation, and hard work, as well as a commitment to people and process improvement.  

“Organizations are understanding the importance of employee recognition and are seeking innovative technologies that are accessible to distributed workforces,” says Muni Boga, Chief Executive Officer and Co-Founder. “It is an honour to be named a finalist for this award and is a true testament to our focus here at Kudos®.” With unique proprietary methodologies to deliver sustainable culture changes and essential people analytics, Kudos® is providing organizations with deep insights and a clear understanding of their workforce.

Along with the HRO Today Association Awards, Kudos® was recently placed in G2’s Top 50 Best HR Products for 2021. Kudos® was also awarded by G2 for Fall 2021 Most Implementable, Fastest Implementation and Best Usability in Enterprise. G2's rankings and awards are based on thousands of authentic and vetted customer reviews and aims to be a trusted source that helps every business professional in the world make better technology decisions.

The HRO Today Association Awards winners for the EMEA and North American regions were already announced at the HRO Today Association conference, and the APAC region will be presented on December 16, 2021.  

About HRO Today:

The HRO Today Association is the standard-setting organization for the human resources industry and the premier networking and content community for advancing the HR profession. By engaging in professional development opportunities and connecting with peers, members improve the quality, effectiveness, and efficiency of their HR operations and service delivery. The Association is managed by HRO Today/SharedXpertise Media, whose magazines, web portals, research, e-newsletters, events, and social networks reach over 180,000 senior-level HR decision-makers with rich, game-changing content.

News

Nov 16, 2021

Best Culture Awards 2021: 26 Outstanding Organizations Recognized in Kudos’ First Annual Best Culture Awards Program

Best Culture Awards 2021: 26 Outstanding Organizations Recognized in Kudos’ First Annual Best Culture Awards Program Best Culture Awards 2021: 26 Outstanding Organizations Recognized in Kudos’ First Annual Best Culture Awards Program
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Calgary, AB – November 16 – Kudos® Inc. (Kudos®) is proud to recognize 26 Best Culture Award winners in the program’s inaugural year. The Best Culture Awards recognize organizations dedicated to creating great workplace cultures through efforts to improve employee recognition, employee engagement, and overall employee experience.  

“Congratulations to all the Best Culture Award winners,” said Muni Boga, CEO and Co-Founder at Kudos®. “There’s no denying the unprecedented challenges HR Leaders have faced in the last two years. The challenges persist, and organizations are now navigating massive shifts in work environments, the Great Resignation, and a competitive war on talent. This year’s award-winners are truly at the top of their game, putting people and culture first with tools like Kudos® to support their organizational goals; the results they are seeing are remarkable.”

Culture Innovators have demonstrated an impactful commitment to the employee experience in a unique and modern way. They have fostered a strong and supportive culture through creative efforts and think outside the box to boost engagement, morale, and regular recognition.

Culture Leaders have succeeded in building a strong and distinct workplace culture founded on their organization’s mission, vision, and values. Their investments in people analytics, strategic employee recognition, and culture initiatives have made a quantifiable difference in employee engagement and organizational performance.

The complete 2021 Best Culture Awards winners list:

Culture Leaders

  • Arch Insurance Group
  • CAAT Pension Plan
  • MTN  
  • Pillar Properties
  • PwC Sub-Saharan Francophone Africa
  • Russell Construction & Development
  • Telarus
  • United Bay Community Credit Union
  • WilsonHCG

Culture Innovators

  • Abby Connect
  • Albert A. Webb Associates
  • Brooklyn Outdoor
  • Burgoon Company
  • Clarasys
  • Concepcion Business Services Inc.
  • Cultural Vistas
  • Direct ChassisLink Inc
  • Liliuokalani Trust
  • LMC Healthcare
  • Mid-Continent Group
  • MultiMedia LLC.  
  • Orlans
  • Rock Valley Credit Union
  • Saxton Horne
  • The University of Texas at Austin - Texas Athletics
  • University of Auckland

The right culture can help employees fulfill their need for meaning and purpose at work, leading to more impactful discretionary efforts and higher performance levels. Great culture is a known powerful driver of employee engagement and better financial performance for organizations.

Congratulations to this year’s winners!

***

About Kudos®

Kudos® is an employee engagement, culture, and analytics platform, that harnesses the power of peer-to-peer recognition, values reinforcement, and open communication to help organizations boost employee engagement, reduce turnover, improve culture, and drive productivity and performance. Kudos® uses unique proprietary methodologies to deliver essential people analytics on culture, performance, equity, and inclusion, providing organizations with deep insights and a clear understanding of their workforce. Based in Calgary, Alberta, Canada, the Kudos® platform is used in over 80 countries on six continents in a wide variety of industries and languages.

For more information on Kudos® and the 2021 Best Culture Awards contact:

Margaux Morgante: margaux.morgante@kudos.com

News

Aug 9, 2021

Kudos Chosen for $1 Million in Federal Funding to Expand and Reach New Markets

Kudos Chosen for $1 Million in Federal Funding to Expand and Reach New MarketsKudos Chosen for $1 Million in Federal Funding to Expand and Reach New Markets
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CALGARY, ALBERTA: On August 4, 2021, Kudos® was one of 15 Alberta, Canada firms selected for federal funding to scale up and enhance productivity in Western Canada. This funding was granted by Western Economic Diversification Canada (WD) through the Business Scale-up and Productivity (BSP) program.

BSP supports high-growth businesses that are scaling up and producing innovative goods, services, or technologies. Kudos, the employee engagement and recognition solution, was selected to receive $1 million to support their continued growth and market expansion, given the significant increase in demand for distributed work solutions.

"We're honoured to be part of this class of innovative and growing Alberta companies," says Muni Boga, CEO and Co-Founder of Kudos. "We're working to support organizations worldwide in measuring and improving employee engagement, culture, and performance. The rapid global shift to distributed workforces has presented an unprecedented demand and opportunity for Kudos. This investment will support a broad set of growth initiatives that are currently underway to scale Kudos and meet demand."

"The Government of Canada is committed to supporting business productivity and growth in industries across the country," says The Honourable Mélanie Joly, Minister of Economic Development and Official Languages, and Minister responsible for Western Economic Diversification Canada. Our Business Scale-up and Productivity program gives high growth companies the opportunity to advance their market share, create new jobs, and become more competitive within their industry. I'm proud that we're investing in these 15 Alberta companies to help ensure they can continue to grow and create new opportunities in the West."

About Kudos: Kudos® is an employee engagement, culture, and analytics platform, that harnesses the power of peer-to-peer recognition, values reinforcement, and open communication to help organizations boost employee engagement, reduce turnover, improve culture, and drive productivity and performance. Kudos uses unique proprietary methodologies to deliver essential people analytics on culture, performance, equity, and inclusion, providing organizations with deep insights and a clear understanding of their workforce. Based in Calgary, Alberta, Canada, Kudos is used in over 80 countries on five continents. in a wide variety of industries and languages.

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