When employers think of rewarding their staff because they go above and beyond their service or achieve their quota, they can have several ways to give them unique employee benefits. But one thing that their superiors or the HR department would make sure of is that it has to be tax-free. Nobody would want to receive something but not getting it full in the end. Employers would also not resort to giving straight out cash since making it more personal conveys a sincere message of gratification for doing a great job.
In addition, issuing a check will also cost employers to incur additional costs, which can be added to the reward value. If they can do this, then they might as well choose something staff can appreciate and receive the full amount. Nowadays, there are several options for giving meaningful employee benefits. Technology has given incredible options, and one excellent choice is a digital gift card.
Gift Cards
Whether it is an e-gift card or the actual one, these cards are incredible ideas for employee benefits. They can have the luxury of choosing what they want to get and more convenient for employers. Another advantage of using gift cards is the company can have the option to customise how the card looks. To maintain the firm’s brand image, adding a company logo and a theme that matches the firm’s official colours are perfect add-ons. The employee’s picture or their names are written on the gift card and can suggest the management’s sincerity to gratify or acknowledge their efforts.
In addition, when employers choose to use gift cards as employee benefits, they can have the option to recover the money spent on those cards. If there are extra unused cards, card companies may suggest for them to recover the amount. It will surely be economical for employers, which means no wasted money at all.
Gift Certificates
Just like gift cards, gift certificates are excellent forms of employee benefits. These tax-free rewards work just like any other digital cards. Employers can also modify the infographics, texts, and other images, conveying a stronger brand reputation to their employees. It also has a satisfying effect when their names are printed on the certificates; it provides the sense of being well appreciated by the bosses.
Furthermore, certificates can either be of denomination or packages from other retailers. Most employers would purchase certificates from retailers who provide packages such as body pampering, skincare, food, travel, and other lucrative packs. These packs are excellent rewards, especially to staff who don’t usually avail of these services because they’re considered a luxury.
Acknowledging the efforts of employees doesn’t have to be straight-out cash. There are various ways to show gratitude, such as simple tokens of appreciation. Staff are encouraged to perform well when they know that their employers have put a lot of effort into giving them rewards or recognising them.
Moreover, giving employee benefits doesn’t have to be for personnel who did well. Gift cards and certificates are great employee giveaways during the Christmas season or major corporate events. Instead of looking for bulky products, wrapping them with expensive paper, and devoting so much time to find the right gifts, resorting to digital cards and certificates or purchasing a stack of cards is way more practical than the traditional methods.
