Christmas loyalty bonus
Providing a Christmas bonus, holiday bonus or any variation of annual award to your employees and customers is a long-established corporate activity. Thanking them for their custom and contribution through the previous year can generate loyalty well beyond the monetary value of this gift, providing of course, that the nature of any bonus is appropriate and well received by the majority.
To avoid an Xmas bonus being remembered for all the wrong reasons, here are some pointers to best practice:
- Some clients may not be able to accept gifts from suppliers; a call in advance could avoid an embarrassing situation.
- A cash bonus for staff could easily be swallowed up in household expenses; consider a tangible award such as a gift voucher.
- If you choose to offer a traditional gift, such as a hamper or bottle of champagne, ensure there are alternatives to prevent claims of discrimination.
- Giving a specific gift can be work well for clients, but a safer option for employees is to allow them choice.
Love2reward's products and fulfilment services can provide a fantastic bonus scheme at Christmas, or on any occasion and we would be delighted to discuss the options.
The solutions we recommend you consider for this initiative are as follows: