Gift Card Rewards in Employee Engagement and Recognition Programs
Gift card rewards mutually benefit a business’s workforce and its bottom line. Research shows that employers with good recognition and career development programs scored significantly higher in terms of productivity, revenue, customer retention, and employee retention than those that didn't.
Gift card rewards boost employee engagement, loyalty, recognition, and retention programs by:
Improving Performance
Employees want to be recognized for their hard work. Acknowledge specific aspects of their performance with personalized rewards that are tangible and memorable, and make employees feel recognized and appreciated.
Boosting Employee Morale
Boost your employees' morale by establishing a positive work environment. When employees feel appreciated and recognized for their efforts, their job satisfaction, engagement, and motivation increase.
Increasing Engagement
A Gallup study states "Disengaged employees cost organizations around $500 billion each year." Gift card rewards sustain employee interest and make their daily work more meaningful by acknowledging their hard work.
Improving Retention Rates
Demonstrate the organization's commitment and dedication to your valuable employees, reducing turnover costs, and increasing retention rate. Improve retention rates by rewarding employees for their accomplishments.
Using Gift Cards to Incentivize and Engage a Diverse Workforce
Today’s workforce is more diverse than ever, so organization's need to ensure their rewards reflect that. Employees don’t just want cash, they want memorable rewards that will incentivize them to perform well and receive recognition when they produce positive results for their organization.
We've helped companies identify and match gift card incentives for employee engagement and recognition programs for over 15 years, offering a wide variety of brands that appeal to a diverse workforce. Incentivizing employees with gift cards is a powerful way to demonstrate appreciation and recognition for the accomplishments in your workforce. With the ability for rewards to be tailored to employees’ individual preferences, they leave a lasting impression and memory that’s associated directly with their work performance.
“Our organization provides gift cards to employees for successfully completing our wellness initiatives. By offering the gift cards, we have increased our participation from 15% to 39% in the first year. We also provide gift cards to employees as a token of appreciation for a successful year each year in December.”
- Hospital in Pennsylvania
Buy Bulk Gift Cards with Engage2Reward™ Platform
GiftCard Partners works with organizations to identify and match the best gift cards for employee engagement and recognition programs. Our Engage2Reward™ Platform allows organizations to conveniently select the right brands that make it easy to motivate, incentivize, and engage employees to increase performance, improve morale, and bolster retention rates. Gift cards offer:
- Memorability: Offer a memorable experience that's often shared with family and friends.
- Something for Everyone: Appeal to a diverse audience by offering choice from a catalog of brands.
- Convenience: Place bulk gift card orders on any device and conveniently ship, email or text your selections directly to the end recipient with contactless delivery.
- Instant Gratification: eGift cards are available with instant delivery