What Is An Employee Gifting Platform (And Why Should You Use One)?

Research has linked employee gifting to a host of benefits, including a 75% increase in employee morale and a significant boost in employee performance. So it’s no wonder companies are spending tremendous amounts of money on corporate gifting. 

One of the biggest spearheads of corporate gifting is employee gifting platforms which business owners and managers can use to automate their gifting initiatives. 

To discover the full power of investing in an employee gifting platform, let’s examine what the software is and its benefits so that you can see why you should be using one.  

What Is An Employee Gifting Platform?

An employee gifting platform takes care of employee gifting for you. With a gifting platform, you can gift employees physical gifts, company swag, gift cards, experiences, and more. The best part? The platform takes care of the delivery. Some, like PerkUp, offer international shipping with guaranteed delivery. 

Technical points will differ from platform to platform, but most offer automation, all from a single dashboard. From this dashboard, you can select gifts, the gift recipients, confirm deliveries, and send small, customized messages straight to the employees' inbox. 

Some employee gifting platforms also automatically send messages on employee birthdays and anniversaries, giving you the freedom to focus on other work-related things while ensuring you never miss an important date. 

Gifting platforms allow managers to automate and streamline corporate gifting. It’s an invaluable resource for small, medium, and large companies. 

The Benefits Of Using An Employee Gifting Platform

While corporate gifting aims to make employees feel appreciated, it offers many other benefits, for both employees and employers, that snowball into huge gains. 

To fully grasp the importance of employee gifting platforms, let’s examine the powerful benefits associated with using an employee gifting platform. 

Never Forget An Event Again 

One of the greatest benefits of working with an employee gifting platform is automation. Employee gifting platforms allow users to store employee data and automatically send gifts and messages on birthdays, work anniversaries, etc. 

This is especially helpful if you’re managing more than a handful of employees, where keeping track of all events can be overwhelming. Employee gifting platforms ensure that you’ll never forget an event again and free up your time to work on other tasks. 

Easy Budgeting 

Employee gifting platforms come with built-in budget control. All you need to do is set an employee gifting limit and stipulations and let the platform do the rest. This ensures you're never spending more than you’re comfortable with and stay within your corporate gifting budget. 

Collect Unused Funds 

For most employees gifting initiatives, there are always unused funds – especially with gift cards. While a small amount left over on one gift card isn’t a big deal, it all adds up when multiple employees leave behind a little cash. Losing that cash can be a blow. 

Fortunately, employee gifting platforms like PerkUp allow employers to collect all unused funds. Any gifted funds an employee didn’t use get sent back to you. You can then reuse these funds for future gifting initiatives. 

Scalable Gifting Options 

Employee gifting platforms are all about flexibility. Flexible budget, flexible gifts, and flexible plans. 

These platforms offer many scalability features, geared toward all company sizes. If you start as a small company with small gifts only for top employees, but grow into a large corporation with tiered gifting initiatives, you can upgrade your plan along the way. 

Employee gifting programs leave room for growth, allowing you to adjust your gifting according to your ever-changing business needs. 

Increase Employee Loyalty 

At the heart of employee gifting platforms is one goal: make employees feel happy and appreciated. Working for a company that doesn’t care about you can be exhausting and disheartening, negatively affecting employee turnover and work quality. 

Gifting platforms combat this work fatigue through employee appreciation initiatives. 

Of course, gifting is meant to make employees feel good. But gifting also has significant benefits for companies. 57% of employees are more likely to stay at a company that provides gifts. This decreases employee turnover by a hefty margin. 

And, as any experienced business owner will tell you, hiring and training new employees is more expensive than investing in your current ones. Employee gifting platforms allow you to build employee loyalty and retain and build your current talent pool. 

Related: A Complete Guide To Employee Appreciation (quotes, activities & ideas)

Increase Employee Engagement And Productivity 

Research has shown that employees who feel appreciated at work are more engaged than those who don’t feel appreciated. This increased engagement not only makes them better at the work they do but also makes them more productive. 

By automating gifting and employee appreciation with employee gifting software, you can tap into the benefits of employee gifting, including better engagement and higher productivity. 

Real-Time Analytics 

Employee gifting software provides valuable employee engagement and gifting analytics. Users can track, in real-time, when employees receive their gifts and how they spend them. Some also offer engagement analytics to help you learn what your employees like and how they feel about their gifts. 

So, not only are you able to track your employee gifting initiatives, but you can also use the collected data to improve future gifting initiatives. 

Remote Team Building 

Lastly, an employee gifting platform is a spectacular resource for remote teams. Remote teams and employees can struggle to build bonds, leading to a disconnect that can be hard to overcome without in-person meetings. But for many, especially international teams, in-person meetings just aren’t an option. 

With an employee gifting platform you can send everything from gift cards to company swag to people all around the world. Just make sure to check the employee gifting platform’s delivery abilities. While ones like PerkUp do deliver internationally, it isn’t the case for all. 

Conclusion

A corporate gifting platform enables you to streamline your employee gifting initiatives. From this software, you can automate gifting, track employee events, set budgets, and scale the platform alongside business growth. 

With an employee gifting platform, you’re sure to see an increase in employee engagement, work quality, and productivity – all of which have a positive effect on business revenue and profits.

If you’re interested in cashing in on the benefits of an employee gifting platform, then partner with PerkUp. Boost company morale, culture, and engagement with global gifting initiatives – all from a single dashboard. Get started and book a demo today!