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Writer's pictureMaxine Ruiz

2024 Best Employee Appreciation Gifts

For a majority of businesses, employee rewards programs are crucial to attracting and retaining talent in a competitive job market. 


For those who don’t have a recognition strategy in place yet, this is a great opportunity to step up the game around employee appreciation.

In this guide, we’ve collected the best ideas for employee appreciation gifts in 2024. It’s a broad mix of thoughtful and practical rewards that are sure to make your staff feel valued throughout the year.

 

So let’s get started!


What are Recognition Rewards?

Recognition rewards are essential for promoting performance and a positive work culture. The goal is to motivate employees to deliver their best to the organization continuously.


That said, it’s often not about the rewards themselves and, believe it or not, perhaps not even about the monetary value of the reward. It’s about the power of motivation!


Most corporate perks are given through employee recognition programs that reward outstanding achievement. These offer a golden opportunity to celebrate values, boost workplace morale and incentivize performance.


A 'Good Job!' compliment written on a pink sticky note surrounded by other notes.

Why does Recognition Matter?

Here’s a quick quiz: what’s one of the most important assets a company has?


You guessed it!


Employees are one of the most valuable resources of any organization – regardless of size or industry. And one of the most important things you can do to secure success as an HR manager is to keep the workforce happy and engaged.


In today’s job market, recognition can make the difference between a high retention rate and millions of dollars going up in smoke from turnover losses. Companies are starting to realize the tremendous value of a positive work culture – powered by appreciation.


However, there’s still a long way to go. According to Gallup, only one in three workers receive regular praise for doing good work. And it's not uncommon for employees to feel that their accomplishments are routinely ignored. Another recent study shows that 69% of employees would work harder if their efforts were acknowledged more.


For businesses, there’s plenty of benefits to reap from a solid recognition initiative. Not only does it have a direct positive impact on performance – it can also give your company that much needed competitive edge in the job market. 


Want a deep-dive into the crafting of an excellent rewards strategy in 2024? Here’s a guide to get you started.



9 Recognition Trends in 2024

The global corporate landscape continues to evolve towards a more dynamic model – powered by digital innovation, and characterized by increased flexible (hybrid) work. Buzz words such as real-time recognition and high-frequency acknowledgement have begun to shape a new generation of employee recognition programs.

 

The current trends are sailing in the direction of personalized rewards, peer-to-peer recognition, mental health initiatives, and DEI. What’s fundamentally driving these trends is a desire to create a work culture of authentic belonging.


Below is a list of the best employee recognition gifts in 2024.


1. Work Flexibility

As we move further into the hybrid work era, flexibility plays a vital role that can make or break a productive workforce. 


Offering employees some time off to be with their kids, or just relax for a few days, can yield great dividends. It can also be a great remedy against workplace monotony.




2. Personalized Reward and Digital Gift Cards

As a study by Gallup points out, recognition is not a one-size-fits-all formula, but it can often lack a personal touch to make a lasting impression. 


Recognizing the different preferences of your team members is key to impactful appreciation. 


Tailoring rewards to fit each employee at a company with thousands of workers seems like an impossible task. Digital gift cards offer a flexible and convenient solution for personalizing rewards, having long been favorites among employees. By combining personalized software solutions with digital gift cards, you ensure that your appreciation efforts resonate with each team member. 


Gift cards are easy to use and can be redeemed almost anywhere. One gift card can open up a universe of rewards from your team’s favorite brands and retailers - no matter where the employee is located.


If you’re curious about how gift cards can further enhance creativity and innovation in your workplace, check out our guide for more insights.




3. An Opportunity to Invest in Workplace Health

Employees who are passionate about fitness and health will appreciate a reward that includes a gym membership, or workout classes. Compensating your employees for wellness-related expenses is not only a great opportunity to show company commitment to a healthy workplace. It also contributes to keeping your team fit and productive.


A diverse group of people smiling while doing step aerobics in a gym.


4. A Memorable Experience

Inviting staff to a fun and memorable activity outside of the office (or even out of town) can boost team connection. 


Consider paying for event tickets or organizing a day of kayaking. Rock climbing, anyone?


Four kayakers vigorously paddling in a race, splashing water around in a sunny setting.


5. Rewards with a ROI

Investing in training and education through stipends or reimbursements is a way to help the team grow within the company. It’s also a surefire strategy to future-proof your company. 

 

On the one hand, allocating funds for employees’ professional learning can help showcase organizational values – one that’s based on a culture of continuous development. It shows that you are concerned with helping workers advance in their careers. 


On the other hand, it advances the level of expertise, which can help accelerate the achievement of company goals. And that’s where the ROI (return on investment) plays a huge role.


A man giving a passionate presentation beside a screen showing complex tech diagrams and code.


6. Job Referral Program Rewards

Job referral rewards are a fairly new phenomenon. Basically, it’s about employees receiving compensation for referring qualified candidates to open positions within the company. It’s a way to attract talent from within – but also a way for team members to influence who they work with.


According to a Gallup report, when companies select the top 20% most-talented candidates, there’s a 10% increase in productivity on average. There’s also a 30% increase in profitability, a 10% decrease in turnover, and a 25% decrease in unscheduled absences.


In this scenario, companies win by accessing talent faster and more effectively. At the same time, employees are encouraged to participate in the recruitment process, and get to have some control in shaping the workforce. This creates a stronger sense of involvement.



Illustrated diverse young people engaging with phones and laptops, colorful squares as background.


7. Rewarding Collective Performance

Team bonuses can be just as powerful as individual rewards. Collective recognition drives teamwork and cultivates a shared sense of success. It also spreads out the joy of celebration!



A group of people joining hands in solidarity


8. Remote Office Upgrades

If you have out-of-office employees working from home, a great idea is to provide upgrades that can elevate their home office experience. Maybe you have a remote worker whose headset keeps disconnecting or a teammate who regularly complains about being uncomfortable with their chair. 


Here are a few office upgrade examples that can work well as appreciation gifts:


  • Ergonomic chairs

  • Standing desks

  • Headsets

  • A soft light desk lamp

  • Plants


A woman focused on data analysis on her computer at a bright, plant-filled home office.


9. Coffee Memberships

All your coffee-loving coworkers are going to go wild about this one!


A fun idea that’s gone viral lately is to offer coffee memberships to employees as a thank-you for their efforts. If you know of a favorite coffee hotspot or café near the office, ask if they have a membership program. These typically offer great discounts to customers for a limited time.


Top view of several cups of coffee ranging from espresso to latte on a white background.


Make Every Act of Recognition Count

There are all kinds of employee rewards out there. The trick is to find the ones that best suit your unique workforce. Hopefully, this list of Best Employee Appreciation Gifts for 2024 will serve you as a good starting point.


Good luck in your efforts to create a thriving workforce!



 



An illustration of a woman in GoGift's brand colors holding a gift card with a gift motive inside and the GoGift logo

About GoGift


GoGift, a leading global provider of gift card solutions, specializes in offering innovative and versatile gift card services to over 15.000 corporate clients worldwide. With a commitment to simplifying the gift-giving process, GoGift provides a broad range of gift card options from numerous popular brands, catering to a diverse array of tastes and preferences. Their services are designed to enhance the gifting experience, making it more convenient, personal, and enjoyable for both the giver and the recipient.


For more detailed information about GoGift, please visit their official website: https://www.global.gogift.com/







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