3 Reasons Gift Cards Triumph Over Cash Rewards

Gift cards work remarkably as far as employee rewards go, but why? What makes them so irresistible and a no-brainer corporate incentive to implement? Well let’s find out.

Valuable

Employees receiving gift cards will tend to remember their achievement better over cash rewards. It’s crucial that the recipient remembers what they were rewarded for to begin with. Picture this,if your company gives you $100 in cash, you would probably end up using it to buy daily necessities. And most likely, you won’t remember that reward in a few month’s time. But if your company rewards you with a $100 gift card to your favorite fashion store, you would probably remember it for a long time to come. Hence, making you feel thankful and happy.

Zero guilt

Employees receiving gift cards will have a guilt-free shopping experience. Since gift cards tend to be seen as bonus money, they will usually end up using it to buy things they normally wouldn’t. For instance, if you received a gift card to the new fine dining joint in town you would be able to justify going there.

Positivity

Naturally there will be long-term positive feelings toward the organization. It will be deemed as more thoughtful instead of giving away cash. This is because gift cards can be bought and tailored according to each recipient’s needs, hobbies and interests. So when an organization rewards using gift cards, they will be seen as caring and attentive.

Screen Shot 2016-02-29 at 10.48.05 AM

Corporate Gift Cards As An Employee Incentive? Really?

Screen Shot 2016-02-29 at 10.42.17 AM

After all, the point of implementing reward and incentive programs for your employees is to have them feeling motivated and excited for work on the daily. But what if your current programs aren’t working? And then what? Well that’s where corporate gift cards come in. Here are the 3 reasons they are the perfect incentive program for your employees.

Attractive rewards:

The rewards should appeal to everyone because they would then feel encouraged. This means that when an employee receives a gift card, they can use the card to purchase whatever items they deem as needed and meaningful for themselves. This is why gift cards are considered as the perfect gift of choice as it allows the recipient to choose their own desired gifts.

Easily accessible

The beauty of corporate gift cards is many times they can be used at popular stores. This means that the recipients are not limited to using their gift cards at shops that are far in proximity from them. They are usually sent through mail to the convenience of their own home.

Loyalty

These corporate gift cards can be customized to the maximum with your company logo, slogan, colors and etc. Making it completely versatile, easy and unique to your company and hence strengthen employee appreciation.

 

10 Ways To Keep Your Employees Happy

Screen Shot 2016-02-24 at 5.33.51 PM

 

So maybe you are a business owner/CEO? Or perhaps you work in the HR division of your company? Or maybe you fit in the category of ‘others’ and you are curious to know how to keep employees happy in general. Wouldn’t you be keen to know how? What ways can you apply to make employees feel happy yet productive at the same time? And how can you help in making them achieve that contentment and satisfaction? Well there are many means to keep employees constantly motivated and appreciated. Here are the 10 ways to give a try and/or recommend.

Quality time with employees:

Its great when employees are able to hear a thank you or a job well done. But when you their boss makes that extra effort to thank them or show their appreciation it can have a greater impact. You can do this by inviting them out for a coffee break or maybe even lunch one day.

Important decisions by employees:

Allow your employees to make important and impact decisions. They want to feel that their opinion matters and that their level of expertise is valued and trusted.

Transparency:

Superiors should be able to let employees know what is happening within the company. This will make them feel involved at all times, creating a huge sense of camaraderie.

Nice surprises:

Treat your employees to a group lunch or maybe even a shortened work day. These will be considered as a nice treat once in a while. After all, doesn’t everyone love a good surprise?

 Platform to share:

Create a platform where employees can share tips, stories, suggestions with other members of the company. Start listening and taking into consideration their valuable feedback. In that way, employees will have a boost of self-esteem and feel like they are highly regarded.

Time off for employees:

The one way to recognize an employee’s hard work is by giving them extra time off. That way they know that you know they have worked extremely hard and boy do they deserve it. They can use the time to spend with their fam, engage in their hobby or whatnot. 

Go out of the office:

When you can organize fun events, trips or adventures outside of the office it can work as a great mood booster. This is a fantastic way to show employees that you love rewarding them as a way to show your appreciation.

Compliment on the specifics:

Don’t forget to express your appreciation verbally to your employees. This will make them feel like their work is treasured and recognized. Not only that, but be distinct. As in don’t just simply say “Great job!” Instead, you can say “I loved how you handled the previous customer with so much composure and patience.”

Push employees to grow:

Show your employees that you believe in them by giving them challenges and opportunies for growth.

Reward with gift cards:

Give your employees lots of incentives; to encourage them continuously. There are many ways to use incentivized programs such as giving away prizes, bonus, parties and even gift cards. Gift cards can be a great discreet way to reward your employees and showing them you appreciate their hard work.