Team gifting is a critical component of a businesses’ rewards and recognition program. Simply put, it’s the act of someone in a business sending another person in the same business a gift.
Corporate gifts for employees are ideally part of a strategic approach to ensure your company consistently shows appreciation to its staff.
However, in many organisations team gifting is often left to individuals and managers to implement – which raises the overall cost and admin hours. It also means the approach to team gifting may not be fair or applied evenly across the business.
Showing appreciation for your employees is proven by research to increase motivation and productivity. It also enhances an employee’s perspective of their work culture, and makes them feel more connected to their team and manager.
In a ‘talent first’ world, it's more important than ever to show your people that they matter. Team gifting is a low effort, high impact way to express this.
Employee lifecycle milestones
Celebrate first days, passing probation and promotions.
Personal milestones
Mark those special moments like birthdays, weddings and births.
Seasonal events
From Christmas and Hanukkah to sporting events and national days.
There’s really no such thing as a ‘typical’ budget when it comes to team gifting. Every employer will have different resources, and the gifting occasion also plays a major factor in your spending decisions.
As a general rule of thumb, for everyday gifting occasions like a monthly award or a ‘thank you’ for hard work, budgets tend to be around £2.50 for a coffee up to £15 for a bottle of wine. Less frequent occasions such as milestone and seasonal events usually see budgets pushed up the £15 – £30 range.
Significant celebrations where you want to treat your people to something a little bit special, such as during the festive season or the birth of a child, can see gifts costing £50+.
There’s never a bad time to kick off team gifting, either as a standalone initiative or to add more ‘oomph’ to your rewards and recognition program. Your team will thank you for getting started, and you’ll start to enjoy the benefits sooner too.
With Huggg, you can send team gifts to colleagues and clients across the whole of the UK and Europe!
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