Incentive Gifts

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Incentive Gifts

With the struggling economy and budgets constantly being cut, companies are eliminating gift giving right away without thinking through the ways that it could impact their business and staff. Incentive gifts have always been implemented in a company’s budget. They are usually used to keep employee’s morale up and enhance performance in the workplace. Unfortunately, with the struggling economy and budgets constantly being cut, companies are eliminating gift giving right away without thinking through the ways that it could impact their business and staff. To make sure they can keep their employees motivated, companies should not remove their incentive programs due to the economy, they should tweak it instead to conform to the new economy. One way incentive programs can be changed is by giving fewer gifts and spread them throughout the year. Knowing that there will only be a select few recognized, staff members will have a bigger push to prove themselves, which will result in improved performance, sales boosts, and better customer service. Being creative and finding inexpensive gift ideas is also a good way businesses can modify their budget. One way you can buy affordable gifts and help others is by buying them through The Helping Hand Rewards. According to Incentive Magazine, the Helping Hands Rewards “markets items to corporations that are made by underprivileged or at-risk women and men in the U.S. and less developed countries.” Not only do these companies help people who are unable to get hired by anyone else due to previous work or legal records, they help them build up their resumes, teach them how to improve their work ethics and prepare them for future jobs. Products from the vendors include anything from candle sets and jewelry to spa baskets, and gourmet food items that come from all over the world. Another easy way companies can reward their employees is by giving out gift cards. Popular gift cards from retailers and restaurants around where the company is located can not only help boost the area’s economy, but people are more likely to associate it with a gift and not think of it as cash. So instead of getting rid of gifts from your company budget, just be creative. Awarding inexpensive gifts can still guarantee a good work environment while implementing a condensed budget.

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