GiftCard Partners Blog

The holidays are upon us and for many employers it’s a reminder of how many of our corporate holiday traditions have changed. Holiday parties, cash bonuses and corporate gift programs seem like a pre-pandemic memory, rather than something employees expect to hear about this year. 

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.

As of January 2022 62.8% of eligible Americans have been fully vaccinated against COVID-19. This milestone is significant and essential to help protect the nation’s health. Unfortunately, studies show that vaccination rates for the low-income Medicaid population are lower than that of the general population.

Chronic diseases cost healthcare providers and employers $36 billion annually. Fortunately, there are multiple ways to combat the risk chronic disease poses on patients and employees. Avoid high healthcare premiums and low productivity due to chronic illnesses by downloading our free guide.