Impact of Rewards on Productivity: Boosting Performance with Employee Gifting
In today’s competitive corporate world, maintaining high employee productivity is crucial. One of the most effective strategies to achieve this is through employee gifting. At SWIRL Gift Cards, we specialize in providing versatile and rewarding gift card solutions to companies looking to recognise and motivate their staff. This blog post delves into the significant impact of rewards on productivity and how our SWIRL Gift Cards can be the perfect solution for your employee gifting needs.
The Power of Employee Gifting
Employee gifting has emerged as a powerful tool to enhance workplace performance. Research consistently shows that employees who feel valued and appreciated are more motivated and productive. According to a study by the Harvard Business Review, companies that recognize their employees’ efforts see a 14% increase in productivity and a 31% reduction in turnover rates.
Why Employee Gifting Works
Employee gifting works because it taps into the fundamental human desire for recognition and appreciation. When employees receive tangible rewards for their hard work, they feel acknowledged and valued. This not only boosts their morale but also encourages them to maintain or improve their performance.
Versatility of SWIRL Gift Cards
At SWIRL Gift Cards, we understand the importance of flexibility in employee rewards. Our gift cards can be used in a wide range of stores and online platforms, over 45 million locations worldwide,, making them a highly desirable incentive for your staff. Whether it’s for end-of-year bonuses, incentive programs, special occasions, or retirements, SWIRL Gift Cards are the perfect solution for all your corporate gifting needs.
Benefits of Employee Gifting with SWIRL Gift Cards
Boosts Morale and Engagement
Employee gifting directly impacts morale and engagement. A survey by Gallup found that companies with high employee engagement see a 21% increase in productivity. SWIRL Gift Cards provide a simple yet effective way to show appreciation, leading to higher employee satisfaction and engagement.
Enhances Performance and Productivity
Performance-based rewards have a direct correlation with increased productivity. A study by the Incentive Research Foundation revealed that well-structured reward programs can improve performance by up to 44%. By offering SWIRL Gift Cards as performance-based rewards, you can incentivise your employees to reach new heights of productivity.
High turnover rates can be costly and disruptive. Recognizing and rewarding employees can significantly reduce turnover. According to the Society for Human Resource Management (SHRM), 68% of employees said they would stay with their employer if they received more recognition. SWIRL Gift Cards offer a personalized and appreciated form of recognition that can help retain your top talent.
Offers Tax Benefits
In Ireland, certain employee rewards such as gift cards can be tax-free, providing financial benefits for both employers and employees. Our SWIRL Gift Cards comply with the regulations for tax-free employee bonuses in Ireland, making them an even more attractive option for corporate rewards. Check out Revenues Small Benefits Scheme section here for more information on how to avail of this.
Easy Ordering Process and Fast Delivery
At SWIRL Gift Cards, we pride ourselves on our seamless ordering process and fast, efficient delivery. Ordering gift cards for your employees is quick and hassle-free. Simply choose the amount, place your order, and we’ll take care of the rest. Our swift delivery ensures that your employees receive their rewards promptly, enhancing the overall experience.
Elevate Your Employee Rewards with SWIRL Gift Cards
Employee gifting is a proven strategy to boost productivity, enhance morale, and reduce turnover. SWIRL Gift Cards offer a versatile, tax-efficient, and highly appreciated solution for all your corporate gifting needs. By choosing SWIRL Gift Cards, you invest in your employees’ satisfaction and your company’s success.
Ready to boost productivity and morale in your workplace? Click here to place your order today. With our easy ordering process and fast delivery, rewarding your employees has never been easier. Transform your corporate reward program with SWIRL Gift Cards and experience the benefits of a motivated and productive workforce.
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