Onbe, a corporate payouts platform, has partnered with Payroll Growth Partners (PGP) to integrate digital-first, choice-driven employee recognition and incentive solutions for PGP’s portfolio of companies. This collaboration aims to broaden PGP’s offerings beyond traditional payroll services, enabling its clients to provide fast, flexible, and personalized rewards to boost employee engagement and retention.
The Incentive Research Foundation indicates that long-term incentive programs have improved employee performance by an average of 44%. The program from Onbe and PGP seeks to modernize employee recognition through convenient, choice-driven reward options. With 92% of consumers expressing a preference for digital and electronic payouts and valuing the autonomy to choose their rewards, Onbe’s solution allows PGP’s customers to deliver flexible payment methods, including virtual cards compatible with mobile wallets and payment apps.
Sayid Shabeer, Chief Product Officer at Onbe, stated, “At Onbe, we’re powering employee recognition and reward programs that keep teams motivated and engaged with the digital payouts they prefer. By offering flexible, instant rewards tailored to individual preferences, we help organizations foster a culture of appreciation that drives higher productivity, retention, and overall employee satisfaction.”Onbe’s payout gateway integrates directly with PGP’s existing payroll technology, streamlining the delivery of rewards for employers and reducing the administrative complexity often associated with traditional systems. This approach aims to enhance employee satisfaction and engagement by providing timely and personalized recognition.
Tony Chiviles, President and CEO of PayBridge, a PGP portfolio company, commented, “PGP enables us to upgrade payroll services with efficient, modern, and employee-first payment solutions. Onbe’s incentive and recognition solutions align perfectly with this vision. We’re excited to partner with Onbe as we expand into this fast-growing space—building next-gen tools and experiences valued by our clients and employees they serve.”The employee recognition and reward system market is projected to grow to $65.3 billion by 2032, with a compound annual growth rate (CAGR) of 15.6%. This growth is supported by the established connection between effective recognition and improved employee retention. Rewards and incentives are critical components of successful employee recognition strategies, and the solutions offered by Onbe and PGP are designed to help businesses provide timely, personalized, and convenient payments to employees.
Onbe is a fintech company with over 25 years of industry experience and offices in Chicago, Philadelphia, and London. It specializes in managing and modernizing customer and workforce disbursements for corporate clients, from mid-market firms to Fortune 500 companies. Onbe provides a turnkey solution for B2C payment operations, helping clients mitigate the costs, complexities, and risks of orchestrating these payments internally.
Backed by top-tier investors, Onbe focuses on delivering instant, digital, and seamless payments that meet contemporary consumer expectations.
Payroll Growth Partners (PGP) invests in and operates small to medium-sized payroll companies across various industries and markets. PGP utilizes best-in-class payroll technology to improve profitability and foster growth within its portfolio companies.
