A whopping 85% of employees are unengaged at work, according to the State of Global Workplace report. It is a shocking statistic that underlines the struggle of keeping employees motivated. HRs are the keepers of employee satisfaction and engagement through an inclusive and motivating work culture.
To ensure the workforce is well nurtured, HRs utilize multiple strategies including milestone celebrations, Friday events, recognition programs, etc. They make these celebrations more eventful by rewarding employees with gifts and memorabilia. But what makes these occasions more engaging and motivating is a tangible benefit like gift vouchers.
Given the diversity of the workforce today both in terms of regionality and ideology, companies need to personalize the gifting practice to better suit their sensibilities. For this, HR leaders have been turning to gift vouchers to leave a lasting impression and experience for employees,
Gift vouchers are a popular gift option as they give companies flexibility and convenience. While employers can use them to suit the recipient’s specific preferences, employees can choose a gift of their choice.
Different Applications of Gift Vouchers for HR Leaders
Gift vouchers are a powerful tool that HR teams can utilize to take their employee rewards and recognition programs to the next level. It allows companies to improve participation rates, employee morale, and attrition scores. About 96% of the employees chose gift cards when selecting a gift option for occasions like work anniversaries, as per an Inspirus report.
Here are some innovative ways to use gift vouchers to reward employees.
Celebrate milestones
Events like work anniversaries, completing a major project, or exceeding goals are milestones that benefit both the company and the employee. You can make these occasions more special and employee-centric with gift vouchers. Employees have the freedom to select a gift that marks the milestone.
Rewarding employee performance
Selecting top performers across the organizations and rewarding them improves productivity across the organization. These performers will go on to become your brand ambassadors and to ensure their loyalty towards the company, gift vouchers can be great reward options instead of generic gift items.
Spot rewards
In day-to-day work activities, there will be moments when one of the team members outdoes everyone else. Such spot moments of appreciation can be better celebrated with specialized vouchers that can be used to purchase gifts. It allows companies to keep their budget under control.
Professional development of employees
If you focus on the growth of your employees they will work on growing your business. Therefore, it is important to invest in their professional development. Companies can give customized gift vouchers for online certifications, and conferences for upskilling and cross-skilling goals of your workforce..
Wellness and self-care programs
Different employees will have different wellness preferences. Meeting such diverse expectations can be done easily with gift vouchers. You can provide gift vouchers for gym memberships, fitness trackers, or healthy meal delivery services based on your team’s preference.
Personalize Gift Vouchers for Better Results with Zaggle Edge
It is an understated fact that following a one-size-fits-all gifting practice can severely backfire. This is especially true when companies are hiring more and more GenZ professionals, who value individuality and personalization more than anything. To avoid upsetting or disappointing them when rewarding their efforts, companies can get gift vouchers. In the current modern times, companies must go for card-based gifting vouchers with Zaggle Edge. it offers a range of options for companies to choose from based on occasion, category, and budget.
Check out Zaggle Edge’s collection of gifting cards here.