Don't worry! Our FAQs* Section will help you learn about Employee Gift Cards in detail.
Q. What are employee gift cards?
Employee gift cards are prepaid digital cards that employers give to their employees as a token of appreciation. These gift cards contain a specific monetary value, which can be redeemed against goods or services at physical stores or online.
Q. What types of Gift cards are available with EnKash?
We have EnKash RuPay Gift cards and Visa Gift cards, which are both available in Physical and E-gift card options.
Q. How easy are these gift cards to use?
EnKash gift cards have been designed for a seamless and enjoyable experience. Employers can easily pick a gift card, customize it as per their departments or employees, and send it across right away.
Q. What is the purpose of employee corporate gift cards?
EnKash RuPay gift cards and Visa gift cards are the best way to appreciate employees. These gift cards act as rewards for the hard work and commitment employees bring to the table. A small act of appreciation can actually motivate the employees to give their best every single time. Such rewards also help set up a culture in the organization as employees feel valued and are motivated to outperform their own colleagues and sometimes their own selves as they are aware of the appreciation that will come their way
Q. How are gift cards distributed among the employees?
Gift cards for the workforce are typically distributed by the employer via email, in physical format, or through an online platform. Employers can choose the specific gift card and customize a message before sending it to the recipient. However, these gift cards vary depending on the platform.
Q. Why should a startup consider offering gift cards to employees?
Gestures are probably the most effective way to showcase recognition at work. Giving EnKash gift cards to employees is one such gesture that startups can make to showcase their appreciation and trust toward their employees. Time and again, giving these gift cards can encourage employees to improve their overall productivity. EnKash gift cards are a cost-effective way to reward employees, as you can get them in bulk for employees at a discounted rate. Gift cards can boost employee morale by providing a tangible reward for their efforts. This also helps create a positive and supportive workplace culture.
Q. Can a company place bulk orders for gift cards?
As an employer, you can purchase EnKash gift cards in bulk. You can decide the value of these cards as per your requirement, starting from Rs 500 to Rs 10,000.
Q. How do you pick the right gift cards for employees?
You can decide the employee gift card ideas based on your company’s size, budget, culture, requirements, industry, occasion, and preference.
Q. Why should one choose EnKash Gift Card over physical gifts for employees?
Gift cards give you the flexibility to choose from multiple brands across different categories. The actual purpose of gifting is its usability by the recipient, which is not the case with physical gifts every time. The flexibility, along with the ease of choosing and utilizing, is something that employees would love and appreciate. Gift cards for employees can be truly rewarding if they can utilize them as per their convenience. Moreover, employee gift cards have a certain value associated with them, which can be redeemed by the recipient in one go or till the amount is exhausted within its validity period, which is not something you can do with physical gifts. Basically, gift cards give the recipient the freedom to pick and redeem their choice of product or service as per their requirement and convenience.
Q. Do corporate gift cards have any tax implications associated with them?
No, there are no tax obligations for gift cards till INR 5k in a single calendar year.