You might be thinking about giving your employees gifts. You must carefully weigh the costs and benefits of the process as carefully as possible. This way you can avoid any unwanted issues from the process which you might come across over time. Here are some drawbacks of providing promotional products to your workers:
You must think about the costs which will keep increasing year after year. Sometimes the gift can be a bonus or even a special object. This will reduce the profits as you will be spending more money overtime. You must think about purchasing specific quality corporate gifts. It will save you a lot more money and help you keep your employees happy too.
ALOT OF PLANNING INVOLVED
The planning will take time as you will have to do it systematically. If the presents are not performance incentive based then it can become a problem. You will have to think about evaluating the gift before it can be provided. It can be for performance, distribution as well as preparation but it can take a lot of time. Time which can be used for more important activities will be wasted.
NO LONG TERM BENEFITS
You might be thinking about a cash bonus and an expensive wallet as a corporate gift which must be provided as an incentive to other workers. The advantages of these presents might fade over a period of time. After a period of time the workers feel the same way they did before so there won’t be any lasting changes.
ISSUES WITH MOTIVATION
There can be many motivational issues when employees feel that they did not get the present they deserve. This can result in the quality of work declining and the worker feeling much worse than he or she did previously. The workers might feel that their performance matters only before the presents are given to them. This can cause a lot of problems. Make sure that you do evaluate process well ahead.
Remember that you must weigh the benefits and costs of providing presents to your employees. If you do feel that your employees require them for motivational purposes then you must provide them to all. Ask an experienced business analyst for suggestion then you must visit a store which caters to these types of presents. Make sure you take a detailed list with you so that you can show the sales clerk what you are looking for. This will help you save time and money as you shop in a systematic manner.