Boostworks Company Market Research Report
Company Overview
- Name: Boostworks
- Mission: To help every person, in every UK organisation, thrive by delivering meaningful benefits and rewards tailored to the uniqueness of individual employees.
- Founded: Previously known as peoplevalue, rebranded as Boostworks in September 2023.
- Key People:
- Joanne Werker, CEO (as of 1 August 2024).
- Mark Bond, Executive Chairman.
- Andy Caldicott, Strategic Programme Director (former CEO).
- Headquarters: Victor House, Wheatley Business Centre, Old London Road, Wheatley, Oxford, OX33 1XW, UK.
- Number of Employees: No information available.
- Revenue: No information available.
- Known For: Leading provider of employee reward and recognition, benefits delivery, and wellbeing solutions in the UK.
Products
Boostworks offers an integrated solution focused on boosting employee engagement across multiple dimensions:
- Boost Discounts: Offers thousands of shopping discounts to extend employee compensation effectively.
- Boost Recognition: Facilitates peer-to-peer recognition to strengthen company culture and values.
- Boost Wellbeing: Provides comprehensive support in financial, physical, and emotional wellbeing.
- Boost Comms: An interactive platform for sharing news and fostering employee communication.
- Boost Benefits: Customisable employee rewards schemes to enhance job satisfaction and retention.
Key Features
1. Boost Discounts: Helps employees save money through exclusive deals and discounts on a wide range of products and services.
2. Boost Recognition: Provides tools for personalised recognition and rewards systems to appreciate employee efforts and achievements.
3. Boost Wellbeing: Supports employee health and wellness through tailored programs that cater to various wellbeing aspects.
4. Boost Comms: Offers a dynamic social hub for engaging employee interactions and communication.
5. Boost Benefits: Integrates various employee benefits into a cohesive package to streamline administration and maximise impact.
Recent Developments
Leadership Changes:
- July 2024: Joanne Werker appointed as CEO, bringing extensive experience in strategic planning and customer growth, succeeding Andy Caldicott who transitioned to Strategic Programme Director.
- October 2023: Mark Bond appointed as Executive Chairman, noted for leadership roles at Vodafone.
Product Innovations:
- October 2023: Launched a next-generation mobile app and SaaS platform to consolidate services swiftly and scalably.
Partnerships:
- October 2024: Partnership with Tillo, leveraging the global gift card network to enhance the employee rewards system.
Publications and Research:
- March 2024: Released white paper ‘Beyond the Salary Slip’ focusing on effective benefit strategies.
- July 2024: Published white paper ‘The Heart of Workplace Engagement’ presenting insights from over 3,000 HR and business professionals on workplace culture and engagement.
Achievements:
- Over 2 million people have access to Boostworks services.
- Employees saved £11 million in 2023 through Boostworks discounts.
- Thousands of "Thank Yous" sent in 2023 as part of the recognition program.
This report provides an in-depth look at Boostworks, showcasing its leadership position in the employee engagement and benefits industry. Through strategic leadership, innovative products, and significant partnerships, Boostworks continues to enhance its offerings and expand its influence in the market.
