With Christmas just around the corner, the question of should you gift your staff is in the air.
A study of 1,000 UK workers published in the Most Generous Time of the Year Study by Perkbox, the UK’s fastest growing employee benefits platform, revealed that 30% of employees haven’t received any gift from their boss or manager at Christmas.
For many employers, a team meal out or Christmas party is presented as a Christmas gift for their hard-working staff, and with 42% of workers admitting they’d rather cheers to the festive season with friends they’ve made in the workplace, this I not necessarily seen as bad gift.
Perkbox reported that on average bosses spend £47 on a gift for each employer compared to the average £15 that employee will spend on their boss.
The top five gifts given by bosses include:
- Team meal out (35%)
- Bottle of wine or spirit (29%)
- Food hamper or chocolate (23%)
- Monetary gift like bonus or voucher (22%)
- Early Friday finish in December (19%)
Bosses are least likely to give a Christmas Eve holiday, pay rise, flowers, desk accessories or allowing staff to work from home.
In reflection, what staff would least like to receive from their employers would be; an early Friday finish in December, food hamper or chocolates, tech gift, working from home on Christmas eve or flowers.
The most desired gifts that staff would like to receive from their boss were:
- A monetary gift (25%)
- A pay rise (23%)
- A team meal out (23%)
- Christmas Eve holiday (8%)
- Bottle of wine or spirit (7%)
Chieu Cao, CMO & Co-Founder at Perkbox, said that it was “unsurprising that there is disconnect between what employees would like to receive and what they actually get.”
He said: “It is perhaps unsurprising to see that there is a disconnect between what employers give and what employees actually want to receive from their boss at Christmas. However, what is also interesting is the number of employees who don’t receive anything from management at all. Employers are clearly missing an opportunity to engage their staff – when they fail to reward and recognise them at Christmas.
It’s a pity, as there are so many easy ways for employers to show their appreciation, and at a relatively small cost to the business. The positive impact of rewarding and recognising at Christmas would be increased productivity, and improved employee motivation and satisfaction, all year round.”
According to Perkbox, the most ge nerous industries for gifting were:
- Professional Services