It’s gift-giving season, and many employees are creating a wish list for bonuses or acknowledgments from their employer. But the challenges of the post-pandemic economy, remote work and possible recession can make gift giving tricky.
What’s a good gift for an employer to give, and what’s the best way to give it?
Research from global payments provider Blackhawk Network (BHN) indicates that 57 percent of 2,000 U.S. respondents wanted to receive a reward from their employer at the end of the year, but only one-third anticipated that they would get one. More than half—52 percent—didn’t like their companies’ holiday gifts.
According to Mindi Cox, chief people officer at O.C. Tanner, a global employee recognition firm headquartered in Salt Lake City,
You might not be able to do or give away what you did last year, but you’ve got to do something. You’ve got to have some strong messaging around your purpose and sincerely acknowledge your people’s efforts on top of commemorating them somehow,
whether that’s through a points deposit, a selection of gift cards, a company or teamwide gift, or cash.