SAN FRANCISCO and TORONTO, Sept. 19, 2011 /PRNewswire/ -- I Love Rewards, the fastest-growing global employee rewards and Social Recognition company, today announced that it has officially changed its name to Achievers.

"Achievers aligns to our value proposition, which is to increase employee engagement and drive performance," said Razor Suleman, Founder and CEO, Achievers. "The new name highlights the values and philosophy that we use to help our customers to build great corporate cultures every day."

FY'11 Achievers Facts:

• 105% increase in monthly revenue over the last 12 months
• 162% employee growth
• $14M in financing from JLA Ventures, GrandBanks Capital, Laurence Capital and Ontario Venture Capital Fund
• Headquartered in San Francisco and Toronto

"Our research shows that innovative recognition programs, such as those delivered through Achievers, can create breakthrough improvements in employee engagement and performance through the dynamics of transparent, peer-to-peer feedback and recognition," said Josh Bersin, Chief Executive Officer and Founder, Bersin & Associates. "Such solutions can help drive employee engagement, retention, alignment, and business results."

Achievers provides a multilingual solution with 24/7 support to organizations between 500 employees up to Fortune 500 companies looking to enhance employee engagement. The Social Recognition platform provides performance-based recognition and rewards in the form of points that can be redeemed for meaningful rewards including Apple, Visa and Expedia.

About Achievers:

Achievers (formerly I Love Rewards) is passionate about employee rewards and Social Recognition. Our software helps globally engage employees and inspire performance. Achievers' customers include Deloitte, ConAgra Foods and Microsoft. Check us out on the web www.achievers.com.

SOURCE Achievers

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http://www.achievers.com