Whether it’s a festive occasion like Christmas or Easter, or a special milestone such as your company’s founding day, offering gifts to your team members serves as a wonderful gesture of acknowledgment.
The real challenge lies in figuring out the perfect gift. We’ve taken the initiative to conduct some research and in this article, we will share a selection of some of the most favoured employee gifts this year.
Why is employee gift-giving important?
Before we dive into our gift suggestions, let’s quickly recap why it’s a great idea to present employees with gifts. When employees meet their targets or during celebrated holidays, giving them a gift can have a profound impact in the following ways:
- Acknowledgement – Gifts make employees feel valued for their hard work, resulting in 63% of them being less likely to search for a new job. Involvement – Gifts serve as excellent motivators, which is why 72% of companies agree that it positively influences employee involvement.
- Tax deduction – For HR or management, here’s a quick tax tip; it also counts as a tax deduction, thus decreasing your tax liability for the year. There’s no doubt that the act of presenting employees with gifts carries substantial importance. Now that you are aware of this, let’s look into some top employee gift options.
Five top-rated gifts for your staff
The suggestions below are general recommendations that can be modified slightly to suit specific industries. By providing these suggestions, we hope to inspire a never-ending stream of brilliant gift ideas that will cater to everyone.
1. Gift vouchers
Gift vouchers are universally acknowledged as the most adaptable gift choice, a trend that is set to continue in the future. In the UK, the gift voucher market is projected to grow by 10.3% by 2026, a significant rise that shows the demand for this gift option.
What sets gift vouchers apart is that they give employees the liberty to buy something they genuinely want. Regardless of whether it’s for a specific store or a group of outlets, it remains a superior gift choice.
2. Personalised mug
Mugs represent another popular choice, especially considering that 65% of employees consume coffee at work. The idea here is to add a unique spin to it by customizing the mugs.
By adding a personal touch to a gift like a mug, 52% of recipients reported feeling that the giver had put more thought into the present.
3. Gift basket
A luxurious gift basket could also be considered. These are generally seen as premium employee gifts, and they are favoured due to the diversity they offer. Gift baskets are unique, encompass various gifts, and are usually aesthetically pleasing, making them all-around exceptional presents.
4. Office supplies
Since most job roles require a desk nowadays, consider gifting some desk accessories. These can range from fun to practical items. Some suggestions include stress-relief punching bags, storage units, or even quirky daily office supplies like tape dispensers.
5. Food delivery
Finally, consider treating them to a food delivery during lunchtime? By utilising a digital food delivery platform like Just Eat, you’ll have the option to select from an array of eateries and have the food brought directly to your workplace.
This allows employees to relax a bit during their workday, engage in conversations, and most importantly, appreciate their gifts.
Concluding thoughts
After going through this article, you should now have a better understanding of the best gifts that HR teams or C-level staff can give to employees. All the above are undoubtedly excellent options. However, it does boil down to the preferences of your employees. To understand the best choice, try asking a handful of colleagues for their opinions.
The suggestions outlined in this article are noteworthy. But an even more important and considerate gift is to enrol them in an award winning workplace pension plan like Penfold’s.
With an excellent rating on Trustpilot and a favourite among employees all over the UK, Penfold’s workplace pension takes care of everything – saving you from having to address any pension-related questions ever again.
Book a demo today to discover how Penfold can help boost employee retention and engagement.