specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: Nectar
providerId: nectar-hr
created: '2026-07-10'
modified: '2026-07-10'
reconciled: false
tags:
- Employee Recognition
- Rewards
- HR
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of Nectar spend. Nectar's Recognize platform is a per-employee
  monthly subscription (billed annually) with a published annual minimum, sold
  in Plus and Premium tiers plus custom Enterprise. On top of the subscription,
  the dominant variable cost is rewards redemption - points employees redeem
  against the global rewards catalog (gift cards, Amazon, swag, custom company
  rewards) become real spend, which the API surfaces via the financial
  redemptions report. The Open API itself is a plan-gated add-on rather than a
  metered, usage-billed product.
notes: >-
  Per-user rates ($5 Plus / $6 Premium, annual) are third-party reported and
  unreconciled; verify with Nectar sales. Track redemption spend as the primary
  variable cost driver via GET /v1/analytics/financial/redemptions.
sources:
- https://nectarhr.com/pricing
- https://help.nectarhr.com/en/articles/10770969-open-api
- https://api.nectarhr.com/docs
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Nectar
serviceCategory: HR and Employee Recognition
billingModel:
  pricingCategory: Subscription-Based
  billingFrequency: Annual
  billingCurrency: USD
  chargeCategories:
  - Purchase
  - Usage
  - Adjustment
focusColumns:
  ServiceName: Nectar Recognize
  ServiceCategory: HR and Employee Recognition
  ProviderName: Nectar
  PublisherName: Nectar
  InvoiceIssuerName: Nectar
  BillingCurrency: USD
  ChargeCategory: Purchase
  PricingCategory: Subscription-Based
meters:
- name: seats
  description: Active employees on the Nectar plan, billed per employee per month (annual).
  unit: seats
  aggregation: max
  dimensions:
  - account
  - plan
- name: reward_redemptions
  description: Reward redemptions made by users against the rewards catalog; the primary variable spend, reported via the financial redemptions endpoint.
  unit: currency
  aggregation: sum
  dimensions:
  - account
  - user
  - period
- name: points_awarded
  description: Points issued through recognition and custom awards, which convert to redeemable reward value.
  unit: points
  aggregation: sum
  dimensions:
  - account
  - award
principles:
- name: Visibility
  description: Pull GET /v1/analytics/financial/redemptions on a monthly cadence to see reward redemption spend by user and period alongside the per-seat subscription.
- name: Allocation
  description: Attribute redemption and points spend to departments/teams using user department and office_location attributes from the Users API.
- name: Optimization
  description: Right-size seat counts against active users, tune custom-award point values, and reconcile the annual minimum against actual redemption to avoid unused budget.
- name: Accountability
  description: Assign an owner for the recognition budget; review redemption reports and points issuance against plan minimums each period.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com