By B4B Payments
The festive season is here! Event planning has started, business gifts are being ordered and discussions around employee Christmas rewards have begun. Some of those discussions will soon be about a Christmas bonus that could be dependent on performance or business revenue. Although a bonus is a great way to show appreciation towards employees, it’s also taxable so they won’t receive the full benefits. Especially, when the cost of physical gifts is soaring a virtual card is the perfect cost-effective option.
Businesses this year need to consider how their rewards can support employees during this cost-of-living crisis. That’s why B4B payments believe you should allow your employees to choose a gift that is meaningful to them.
Virtual cards are hassle-free easy gifts
We recently rewarded our own B4B employees with virtual cards! They loved having the choice to buy anything they wanted online or in-store.
With virtual cards, there are no delivery costs or waiting times. You can choose any of our festive-themed templates, personalise the email and send it straight to your employee’s inbox. It’s that easy! They can add the virtual card to their Apple pay or Google pay wallet, and spend online or in-store where Mastercard is accepted.
Studies show that businesses across the UK could do more for their employees, according to Appreciate Business Services. Their most recent report found that at least 33% of all UK employees feel undervalued at work. And, alarmingly, it reported 74% of people said they would look for a new job if they felt undervalued.
Now you would imagine Christmas would be the perfect time to let your teams know how much their work all year round is valued. Take advantage of the festive season and spread cheer. We are offering free virtual cards this Christmas *terms and conditions apply*. But hurry as the offer ends on the 30th of December 2022! To claim or find out more, please complete our form HERE and we will be in touch.