If your organization is earning some good profits, it’s time to gift your employees something as a token of appreciation. It’s a crucial part of retaining employees because they are less like to leave the job feeling drained when their efforts are appreciated and recognized.
Luckily there are several ways to show this goodwill gesture. From why employee gifting matters to what to gift an employee, we have an ultimate guide. Just buckle up your sleeves and keep reading to build a strong relationship with your employees and clients.
Why Employee Gifting Matters
Employee gifting matters for many reasons and here is a detailed look at each one.
To Motivate and Appreciate Employees
Studies show that 69% of employees say they would work harder if their efforts were better recognized. Yes, this happens because a simple “thank you” goes a long way, but a well-thought-out gift makes it even more meaningful. Because gifts show appreciation beyond just words. They remind employees that their contributions matter.
Moreover, gifts create positive reinforcement. When employees associate their hard work with rewards, they are more likely to stay engaged.
Remember, it’s not about the price. Even small gifts, like a personalized note or a coffee gift card, can make a difference.
Retention and Loyalty Benefits
Did you know that replacing an employee can cost up to twice their annual salary?
Hence a small employee gifting technique helps retain top talent. It’s all because when employees feel appreciated, they are less likely to look elsewhere. Additionally, a thoughtful gift can make them feel seen and valued, which can strengthen their connection to the company. Whether it’s a work anniversary gift or a performance-based reward, small gestures add up. Hence, gifting is a simple yet powerful tool to boost retention and create a dedicated workforce.
Strengthening Company Culture
According to a report from Deloitte highlights, companies that invest in corporate gifting can see a 32% improvement in the company culture. Because it fosters a sense of belonging and appreciation.
A culture of appreciation leads to happier employees. And happy employees contribute to a growing workplace.
Help Enhance Productivity
A motivated employee is a productive employee. Yes, you read it right. Gifts act as a morale booster. They make employees feel valued, which directly impacts their performance.
Simple rewards, like tech gadgets or meal vouchers, can enhance motivation. Even non-monetary gifts, such as public recognition or extra time off, can drive productivity.
Remember, when employees feel cared for, they go the extra mile. That benefits both the team and the company’s bottom line.
What to Gift to an Employee?
Getting confused about what to gift, Don’t worry, here are some quick ideas for you.
Monetary Gifts:
The first and foremost thing you must prefer while gifting employees is cash bonuses or gift cards. They are always appreciated. They give employees the freedom to choose what they truly want. Some of the popular options include Amazon, Visa, or local restaurant gift cards. Additionally, monetary gifts work on all occasions and suit all preferences.
Personalized Gifts:
Personalized gifts or custom items can also be great gifting items. They show extra thought and effort. Hence, you can offer engraved pens, company-branded apparel, or a mug with their name. These things can simply make an employee feel special due to their unique touch.
Wellness & Self-Care Gifts:
Wellness and self-care gifts are great ways to show your care. Hence, you can gift spa vouchers, meditation apps, or fitness memberships to employees. These gifts also help promote relaxation and well-being. Because a little self-care goes a long way in boosting morale.
Office Essentials:
Additionally, gifting some office essentials to an employee can be a great choice. Practical gifts like wireless chargers, ergonomic chairs, or stylish stationery kits improve the work environment. Conversely, some tech gadgets like noise-canceling headphones can help enhance productivity.
Food & Beverage Gifts:
Who wouldn’t love a tasty surprise? Therefore you have a great chance to gift your employees something delicious like gourmet snack baskets, coffee subscriptions, or meal delivery vouchers. They provide a delicious break from work and simply show appreciation.
Experience-Based Gifts:
Last but not the minor gifting idea is to prefer memories over material things. Hence, you can gift event tickets, team outings, or adventure experiences to create lasting memories. Whether it’s a concert, sports event, or a fun activity, these gifts strengthen team bonds.
When to Give Employee Gifts?
Since we are talking about employee gifting, hence you may wonder what’s the right time or occasion to gift your employees.
Here is our one-stop guide for you.
Work anniversaries
A work anniversary is a worth celebrating milestone. Therefore, you need to recognize it with a thoughtful gift.
You can offer a personalized plaque, a bonus, or even a heartfelt note to make them feel special. Because small gestures create lasting loyalty. Whether it’s their first year or tenth, celebrating their journey with the company builds stronger connections.
Holidays and special occasions
Holidays are the best events to bring joy. Whether it’s Christmas or New Year, you must cheer these moments. Hence you must prefer gifting employees these occasions or creating short events to strengthen company culture.
Birthdays are another great occasion for gifting. A personalized gift or a small celebration makes an employee feel valued. It’s the little things that create a happy workplace.
Employee appreciation events
Employees are the backbone of any company. Setting aside a day to celebrate them makes a difference. A well-planned appreciation event with thoughtful gifts are great to show gratitude.
It doesn’t have to be lavish. It means, a team lunch, recognition certificates, or small tokens of appreciation is also enough to make employees feel appreciated. These events boost motivation and strengthen team bonds.
Therefore, when employees feel appreciated, they engage more.
Performance rewards
Remember, hard work deserves to be recognized.
When someone exceeds targets or delivers exceptional work, you need to reward them a bit to reinforce their efforts. It could be anything like a cash bonus, an extra day off, or even an experience-based gift.
Conclusion
In conclusion, employee gifting is more than just a kind gesture. It’s a great way to make your employees feel special and valued. Whether it’s a personalized token, a monetary reward, or an experience-based gift, these kinds of thoughtful gestures leave a lasting impact.
Additionally, investing in employee gifting is good for your business too.