Forma vs. Awardco

Companies spend millions annually on employee benefits that employees neither value nor regularly use. Founded in 2017, Forma set out to build a better model by challenging traditional one-size-fits-all approaches. Forma’s flexible benefits software helps companies offer competitive benefits packages while reducing costs and inefficiencies, by giving employees more choice and flexibility in how they spend their benefit allowances. The platform also saves HR professionals countless hours managing and supporting various point solutions.

Awardco is an employee rewards, recognition, and engagement platform designed to help organizations strengthen culture, reinforce performance, and translate employee feedback into measurable action. The product brings recognition, rewards, and engagement strategy into a single configurable system that supports organizations of varying sizes and structures, from distributed teams to global enterprises. At the foundation of the platform is a flexible recognition framework that allows companies to design programs aligned to their values, goals, and performance priorities.