Bonusly is a free iPhone application developed by Smartly Inc. It falls under the category of Business & Productivity and aims to enhance company culture and improve employee engagement through a fun and personal employee recognition and rewards program.

The program allows users to celebrate their company values and foster a recognition-rich culture by providing frequent and timely recognition of their team's contributions. With Bonusly, everyone in the organization can publicly recognize their colleagues by giving small bonuses that accumulate into meaningful rewards.

One of the key features of Bonusly is its ability to make recognition candid, social, and personalized. It allows team members to express their unique personalities through the recognition they give. This not only helps in boosting employee morale but also strengthens team dynamics and promotes a positive work environment.

Overall, Bonusly is an innovative tool that empowers organizations to recognize and reward their employees in a fun and engaging way, ultimately leading to increased employee satisfaction and productivity.