GiftCard Partners Blog

Retaining employees and creating a community with a loyal dedicated workforce doesn't have to be expensive. Optimizing your rewards budget, and leveraging non-monetary employee recognition can help you achieve these goals without breaking your budget. Here are 3 effective tips for retaining satisfied and devoted workforce for less.

Damaging storms, tight finances as we approach the holidays, and stressful political and economic times…what can we do to ease the burdens? Although it’s not always possible to give holiday bonuses during the tough times, there are less expensive things we can do to help our employees’ families. When offering cash bonuses, it’s difficult to decide if the dollar amount hits the spot for the employee. However, a gift card for a full family meal or 2 at
Boston Market, will hit the spot. Research tells us that 61% of employees would be satisfied with a $25 gift card, and 88% of employees would be satisfied with a gift

A recent survey by Parago, a benefits consulting company, of 600 employee nationwide, has shown that your year-end employee rewards may cost less than you think. Taking the time and budget during the holiday season to thank your employees can go along way and according to Parago's survey 61% of employees would be satisfied witha $25 gift card, and 88% of employees would be satisfied with a gift card of $100 or less.

Organizations invest significantly in their workforce through compensation, benefits, recognition, wellbeing, career development, paid leave, retirement programs, flexibility, and other employee offerings. But the size of a Total Rewards package alone does not determine its value.

Helping employees realize their dreams and achieve personal goals will help your organization form a meaningful relationship with its employees. Employees want to feel support from their employers, and helping employees accomplish career goals and professional dreams will make them more loyal to your organization and more dedicated to your cause. Keep these 4 tips in mind when assessing how to motivate and support your employees: