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.

Using a total reward system for employees can benefit an employer as well. Offering rewards and incentives, as well as professional development opportunities for employees, helps control employee rewards cost as well as enhancing employee satisfaction. Incorporating even small rewards such as gift cards for a family meal at the Cheesecake Factory, or a shopping trip at Whole Foods Market or CVS/pharmacy, in addition to regular benefits and compensation can go a long way in keeping employees satisfied and content in their jobs. Here are 4 ways a total rewards strategy can benefit your employees, as well as your business.

Virtual workforces, like the atmosphere we share at GiftCard Partners, are becoming more and more common as we can work together and share projects through digital channels. However, virtual workforces need alternate forms of employee engagement and motivation. Fostering team camaraderie and sharing common goals requires innovative solutions from organizational management. Here are 5 ways to motivate your virtual workforce, from an employee of a virtual company who couldn't help writing about such a relevant topic!