GiftCard Partners Blog

Corporate wellness programs are essential for improving employee health, reducing healthcare costs, and increasing productivity. But for these programs to be truly successful, they need more than just good intentions—they need the right kind of incentives. Research shows that offering meaningful rewards, or "carrots," can significantly boost participation and engagement in wellness initiatives. However, one-size-fits-all rewards may not be as effective as offering personalized options. Here are some fresh insights on how to incentivize employees and make your wellness program a success.

The competition for top talent has never been more intense—and what employees expect from their employers is changing fast. While traditional benefits like salary and healthcare still matter, today’s workers want something more: meaningful work, modern workplace culture, and personalized incentives. To attract and retain top performers, organizations must offer a comprehensive value proposition that meets employees where they are.

Delivering employee incentives can only be effective if the incentives available are satisfying to employees. Here are a few popular employee incentives according to a new
Wicke's For Business article.
Travel Packages: Sending employees on a trip for a job well done on a big project, or as part of a bonus is becoming an increasingly popular option for employers. It creates a memorable experience for employees and carries a fixed cost for employers.
Gift Cards: Gift cards to popular retailers such as
CVS/Pharmacy,
Boston Market and
Crutchfield carry the same flexibility of cash but have better trophy value. Employees are more likely to use the gift card on a special occasion, rather than cash bonuses that often get rolled in to paying bills and household costs.
Social Rewards: Giving public praise and socializing employee rewards is a great way to reinforce desired behavior. Public praise does not only reward one employee for a job well done, but it shoes other employees what management is looking for in employee performance.  

According to the Red Cross, every two seconds someone in the United States needs blood. And because red blood cells have a shelf life of 42 days (and platelets a mere 5 days), new blood donations are always needed to battle shortages.

Google announced earlier this month that as of August 21st it would suspend support on Google Wallet for gift cards and loyalty cards (often utlizing point systems). This seems like it could be a blow to the gift card industry, like for those who sell bulk gift cards, as it limits the ways gift cards can be distributed and redeemed. However I am scratching my head to figure out if we, the gift card industry should even care that much.