HRreview Header

Gift Cards become the go-to support during tricky economic times

-

The cost of living has been hard for many to ignore across the UK in recent years. 

With noticeable increases in the price of fuel, travel, social activities and so much more lingering like a dark cloud above our heads – some have chosen to fight back against this gloomy outlook by utilising gift cards to distribute funds, support free school meals, budget efficiently, and provide assistance to those who need it as we lead up to the costly festive period.

Gift cards are already being successfully used by many businesses to help their employees enjoy the latest fashion, delicious food and exciting gadgets.  They have become vital for organisations that wish to offer support in a more respectful way than traditional handouts. With control and flexibility over the amount gifted as well as the assurance of knowing where and how the money is spent, gift cards provide users with maximum control while eliminating the hassle and complexities associated with bulk gifting.

As the UK’s largest retailer with over 3,500 stores nationwide, Tesco Corporate Gift Cards have become the gift card of choice thanks to the thousands of products offered under just one roof. From Low Everyday Prices to Aldi Price Match, Clubcard Prices to community support schemes, over 20 million UK households have already benefitted from the best deals over recent years.

 

HRreview Logo

Get our essential daily HR news and updates.

This field is for validation purposes and should be left unchanged.
Weekday HR updates. Unsubscribe anytime.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

 

Image © 2021 Ben Stevens / Parsons Media

How they’re being used

What makes the gift cards so unique is the way they can be used.  Not only for fresh produce, stylish clothing and quality homeware items – but in effect, can be viewed more as a personalised wallet to control finances and restrict spend.  With the Spend Card, there’s even space to specify suggested restricted items.  There’s also a handy top-up function, perfect for accurate distribution when sending funds to multiple recipients.

Closer to home

Temporary staff, complex organisational structures, varied working patterns, and distribution to numerous locations in the UK, corporate gift cards have proven to be an innovative solution.  The introduction has brought simplicity to what is arguably one of the most challenging yet rewarding sectors to work in.

It’s probably impossible to sum up the impact of corporate gift cards in today’s environment in a few short words, but the positive effect they have had is unignorable.  To find out more information, head to www.tescoforbusiness.com.

Latest news

Middle East air disruption leaves UK staff stranded as employers weigh pay and absence decisions

Employers face complex decisions on pay, leave and remote working as travel disruption leaves British staff stranded in the Middle East.

Govt launches gender pay gap and menopause action plans to help women ‘thrive at work’

Employers are encouraged to publish action plans to reduce pay disparities and support staff experiencing menopause under new government measures.

Call for stronger professional standards to rebuild trust in jobs

Professional bodies call for stronger standards and Chartered status to improve trust, accountability and consistency across roles.

Modulr partners with HiBob to streamline payroll payments

Partnership integrates payments automation into payroll workflows to reduce manual processing and improve pay day reliability.
- Advertisement -

Jake Young: Strong workplace connections are the foundation of good leadership

Effective leaders are, understandably, viewed as key to organisational success. Good leaders are felt to improve employee engagement, productivity and retention.

AI reshapes finance jobs as entry-level roles come under pressure

Employers prioritise digital skills over traditional accounting as AI reshapes finance roles and raises concerns over entry-level opportunities.

Must read

Alex Hind: Why men’s mental health should be more than a Movember moment

We still cling to the notion that mental health issues should somehow be managed entirely outside office hours, writes Alex Hind.

Lindsay Gallard: Using HR metrics for true business advantage

"The HR ecosystem is awash with data."
- Advertisement -

You might also likeRELATED
Recommended to you