GiftCard Partners Blog

Employee health and wellness have taken center stage in workplace initiatives, especially as companies strive to improve well-being while reducing healthcare costs. In addition to reduced costs, employee wellness programs may also be connected with business success and profitability. While these programs often focus on health education and screenings, introducing a bit of friendly competition can make a significant impact, both in engagement and results.

Engaged employees become brand advocates and evangelize your organization. Engaged employees do better work to serve your customers and ensure your team and organization hit revenue targets. Here are three ways to boost your employee engagement:

Most companies' biggest "cost" is personnel. Manpower is expensive to the organization and the workers always feel they could be making more money. Employees that are less satisfied with their jobs are less helpful to the end consumer, who then spends less with the organization. Keeping your workforce happy is correlated to your profit margins. Offering employees incentives is a great way to set guidelines for employees to work for certain incentive rewards. Based on what behavior is fulfilled incentives can range from a small denomination gift card to a popular retailer such as
The Cheesecake Factory, to a paid vacation, or extra time off. Keeping your employees happy will keep your company healthy.
For more information on why keeping your employees happy can help cover your profit margins check out this article from the New York Times.

It is great in today's business environment to see a large national brand sticking to its roots, what made it successful. Whole Foods is doing just that with its Local Producer Loan Program.

Employee rewards have evolved far beyond the old “Employee of the Month” plaque. Today’s workforce expects recognition that feels personal, flexible, and connected to their goals. According to a Gallup study, employees who receive frequent, meaningful recognition are 4x more likely to be engaged and 5x more likely to feel connected to company culture.