Posts in End of Year Recognition
Corporate and Employee Holiday Gifts: An HR Manager’s Guide

Corporate and Employee Holiday Gifts: An HR Manager’s Guide

Corporate and Employee Holiday Gifts

It’s that time of year again—time for HR managers and business owners to decide what their organization is going to give as their corporate gift this holiday season. Your company’s gift to employees is an opportunity to show your appreciation, grow company culture, and stay true to your brand. Here’s what Broadway Awards recommends for corporate gifts in 2016.

 

If you’re a small business . . .

If you’re a small business owner with just a dozen or so employees, give a corporate gift that comes from the heart. Employees appreciate thoughtful gifts accompanied by a personal note from you. Depending on the size of your company, you could opt to give a different gift to each employee based on their personal interests or one gift that deeply reflects your company’s culture (an office espresso machine if your office is full of coffee aficionados, for example, or this personal one).

Whatever you choose, accompany your gift with a handwritten note expressing your gratitude for each employee and what they contribute to your team.

 

If you’re a startup . . .

New companies don’t have a lot of cash lying around to splurge on corporate gifts. But that doesn’t mean your employees should go without. Take a look at your company’s mission and core values for inspiration on what to give. Or, use corporate gifts to build your brand and loyalty among your employees. Team apparel, coffee mugs, or laptop bags are useful and culture building.

We recommend handwritten notes for startups, too. Show your employees you appreciate their dedication and hard work as you get your company off the ground.

 

If you’re a large corporation . . .

If you manage the HR department of a large corporation, you’ll likely decide on one or two items to purchase in bulk to give to your team. Take a look at the list of the gifts you’ve given the last few years to make sure you don’t repeat yourself. Run a few options by your HR team and your company’s leaders before settling on your final decision. Large corporations often give gifts such as tote bags, apparel, and travel mugs.

If you employ hundreds or thousands of employees, you can still include personal notes with your gift. Divide and conquer—ask your managers and team leaders to write personal notes to their staff, and send out a company-wide card or email from leadership.

Need help deciding what to give your employees in 2016? The team at Broadway Awards has years of experience helping entrepreneurs, startups, non-profits, schools, and large corporations find the perfect employee gifts. Contact the experts at Broadway Awards today at 763-533-0979.

Plan the Rest of Your 2016 Award & Advertising Spending to Prep for Next Year’s April 15

Plan the Rest of Your 2016 Award & Advertising Spending to Prep for Next Year’s April 15

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Whew! Tax day is finally behind us. If you owed more than you expected to this year, ordering employee awards, swag, and promotional products now could save you money on your 2016 taxes. Planning your upcoming recognition and advertising can help you make the most of your tax deductions.

 

Employee awards & prizes are tax-deductible

If you host an employee appreciation event, run an employee weight loss challenge, or give out monthly, quarterly, or annual awards, you might be leaving tax deductions on the table. Awards and swag related to employee recognition is tax-deductible.

Here are just a few products you might be able to deduct:

 

Promotional products used in advertising could be tax-deductible, too

The IRS also allows you to deduct the cost of certain products used to market your company. To be eligible, items must be used to reach your customers and prospects, increase brand recognition, or provide information about your products and services. In other words, if your logo’s on it, it is likely deductible.

This potential deduction encompasses a large group of products. Here are just a few:

 

Plan your employee recognition and advertising now

There’s lots of opportunity to save money on employee recognition and advertising for 2016 and even in 2017. Take the time now to look ahead to the rest of 2016 and plan out the products you’ll need. To save even more money, plan out your recognition and advertising for 2017, too. If you buy 2017 products this year, you’ll be able to deduct those expenses on your 2016 return.

We’re not tax experts, so be sure to keep all your receipts and confirm with your CPA that your employee awards and advertising are deductible. But we are experts in inventive and quality employee recognition and promotional products. Contact Broadway Awards to get help planning your 2016 and 2017 awards.