Everyone enjoys a little recognition now and then. From telling a child how proud you are of his or her latest report card to granting safe drivers discounts on their auto insurance, a little acknowledgment for a job well done goes a long way. This sentiment also rings true in the corporate world. Regular rewards and recognition can boost employee engagement during coronavirus and improve morale no matter what the circumstances may be. Of course, finding the right commemorative tokens isn’t always an easy feat especially when it comes to gifting employees.
Exploring the Effects of Corporate Gifts
Gifts can certainly make employees feel like they’re important members of the team. Studies show the positive effects of giving employees rewards for their efforts run much deeper than that. In a recent survey, an estimated 70 percent of employees said that receiving gifts from their employers gives them the incentive to work harder. That means recognizing employees’ accomplishments can help improve productivity. In some cases, it may reduce employee turnover rates and even aid in bringing in new talent. Those are only a few of the positive effects of gifting employees for all they do for your company.
Finding the Right Tokens of Appreciation
Deciding which items are the right ones to acknowledge employees’ efforts can be stressful according to realtimecampaign.com. Employers typically don’t know their staff members well enough to pick out truly personalized gifts. Giving everyone the same item helps keep certain employees from feeling alienated or shortchanged, but not all team members have the same likes and interests. Budgets often become significant hurdles as well. For some companies, it’s difficult to find the right tokens to express appreciation without overspending.
That being said, countless employee reward ideas are out there. Though you can easily find additional info on this subject, some ideas stand out from the rest. In some instances, wine, chocolates, fruit baskets, or tumblers may be appropriate. Other times, it’s best to think on a larger scale, such as extra paid vacation days, all-expenses-paid trips, spa days, or massages. Gift cards are also popular items though some people feel they’re a bit impersonal.
Taking a Simpler Approach
Based on a recent write-up, the corporate gift-giving market reached $125 billion not very long ago, and analysts expect this figure to continue climbing during the years to come. Many employees feel the size and price of the gift aren’t the most important elements. Some simply find satisfaction in the fact that their employers took the time and effort to give them a token of appreciation.
Still, certain employees have their sights set on bigger things. At the same time, it’s crucial to ensure the gift matches the occasion as well as the recipient’s personality and interests. Even more importantly, you need to be sure to actually remember to give those gifts. Forgetting a significant achievement or overlooking a milestone accomplishment can have a detrimental impact on employee morale and productivity. Companies like Blueboard may be able to help in this regard while also aiding in deciding which gifts are the right ones to give.