GiftCard Partners Blog

A successful organization should be fostering a healthy work-life balance for its employees in order to maintain any kind of consistent growth. Employees who experience burnout and stress will often take additional time off which inevitably affects the company’s bottom line. We've outlined the top 5 ways to help your organization support employees to reap the benefits of work-life balance.

Open enrollment is defined as the annual period in which employees can make changes to their benefits for themselves and their dependents. For many companies, this period occurs at the end of the calendar year for the following year. Despite the fact that this enrollment period is a mechanism by which employees can take advantage (or fuller advantage) of employer subsidized benefits, HR teams still face challenges in getting employees to participate in the open enrollment period and often turn to enrollment incentives to encourage employees to participate, and do so on time.

Maintaining an engaged workforce is top of mind for many employers in today’s competitive job market. Implementing effective employee reward and incentive programs with gift cards is a flexible, easy way to keep employees happy and provide positive reinforcement that fits any budget. When selecting the gift cards to use in your program you can select either prepaid cards or branded gift cards. Prepaid cards are retailer agnostic and come primarily from VISA^® and Mastercard^® while branded gift cards are usable at one specific retailer. Both products offer flexibility, easy delivery and convenience for program administrators and program participants alike.

The new year is a time when employees feel refreshed, ready to pick up new habits, fulfill 2023 resolutions, and take on more challenges. It is a unique moment on the calendar, and often in the fiscal year when employers have the chance to motivate employees to perform their best work and put practices in place that set them up for a successful work year.

As much of the U.S. gets back to a “new normal” with the COVID-19 pandemic waning, many businesses that require either low-wage, hourly, or exclusively in-person workforces are still finding themselves short-staffed. These sectors of the American workforce are critical to the healing of the economy and for getting individual businesses back to operating at pre-pandemic levels.