GiftCard Partners Blog

“After years of recession-fueled frugality, more Americans are feeling the holiday gift-giving spirit in 2011”, says a recent USAA survey. Has your company’s holiday giving increased this year? Budgeting was likely done a year ago, but are you spending more for employee and customer gifts due to better times or do you fall in the “budget glue” category? Have you thought of
gift cards as budget glue? You can literally stick to the dollar of your company gift giving budget with flexible denominations, while giving the gift that people really want – choice!

Holiday gifting season sneaks up fast and, for many employers, it comes with a familiar challenge: finding a gift that feels meaningful, useful, and appreciated by every employee. The stakes are high: a thoughtful holiday reward can reinforce culture, strengthen loyalty, and send employees into the new year with a positive impression of your organization.

Employee engagement in the U.S. has stalled at 31%, down from its pandemic-era peak and representing millions fewer engaged workers across the workforce. New findings from Gallup reveal a deeper issue behind the headline numbers: engagement isn’t eroding because employees don’t care; it’s declining because basic workplace needs are going unmet, especially for younger workers.

As the year winds down, most employers look for ways to say “thank you,” whether through holiday gatherings, year-end messages, or rewards such as gift cards. But today’s most effective leaders are going beyond traditional appreciation to use the holiday season as a strategic bridge into the new year.

The latest analytics from comScore Inc. indicate that the number of consumers using mobile online banking has increased 45% since one year ago.  This staggering number is proving the shift to mobile technology use is growing, and most importantly, that consumers are beginning to trust mobile technology more as it continues to develop. Upon the initial introduction of mobile financial applications the majority of consumers indicated through various surveys and studies that they used mobile technology, but would not do so for banking or financial purposes. Having a trusting consumer base has caused a massive growth in mobile banking, which could also mean big changes for gift card usage and receipt of employee rewards.  Imagine getting a spot reward, gift card from your boss for doing well on a big project, and having it download right to your phone. Or having your year end bonus go into your checking account and being able to move that money around on your way to buy your holiday gifts. Mobile banking is changing the way people handle their money. How will it change your financial attitudes? Do you trust mobile banking?
For more information on the latest comScore Inc. analysis click here.