Boston & Toronto, February 24, 2011: I Love Rewards, the leader in employee rewards and recognition solutions, today announced record results for FY’11 Q1, with 83% increase in gross billings and 118% growth in new customer acquisition year-over-year.
“We are excited to celebrate our most successful quarter to date, and the positive impact our programs have on employee engagement in our client’s organizations,” said Razor Suleman, CEO and Founder, I Love Rewards. “I Love Rewards’ mission is to Change the Way the World Works, and our employees are the foundation for success in reaching that goal.”
Quarter One brought more record breaking results for I Love Rewards including:
•83% increase in gross billings year-over-year
•118% growth in new customer acquisition year-over-year
•Customer acquisition includes Deloitte, Kinross Gold, Jenny Craig, and Delta Dental
•160% increase in employee base year-over-year
“Human Arc launched its customized recognition platform created by I Love Rewards in quarter one to increase employee engagement,” said Janet Kendall White, Human Capital Management Leader, Human Arc. “I Love Rewards continuously goes above and beyond to ensure we are not only satisfied, but ecstatic with our personalized platform.”
I Love Rewards’ award-winning platform is available to organizations of all sizes looking to drive employee performance through a fully customized web-based program with unparalleled functionality. The interactive platform provides performance-based recognition and rewards in the form of points that can be redeemed for meaningful rewards including Apple electronics, Visa Reward Cards, and Expedia travel.
About I Love Rewards:
I Love Rewards is an employee recognition solution that helps companies recognize brilliant performance and empowers employees to choose their own rewards. Unlike traditional service award programs, I Love Rewards creates authentic moments of recognition that resonate with workers of every generation. On the web at www.iloverewards.com
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.