With the start of Thanksgiving and Christmas, the gift-giving season, especially corporate gift giving, is almost around the corner.
Did you know? – In a modern competitive company environment, it’s important for employees to feel involved, and research on corporate gifts shows that 70% of employees feel happier when their employers offer meaningful gifts. In fact, a 15% increase in recognition can result in a surprising 2% margin rise. Companies are realizing that gold for corporate gifting conveys value and recognition, and the gifting sector is growing at a pace of 10% annually.
Good companies empower, value, and appraise valuable employees. Tools of appreciation such as pay raises are necessary, but giving corporate gifts shows the company cares and builds strong, loyal relationships with your employees. Gold makes for the perfect gift as it is valuable and will be used in the long run. But why is gold as a corporate gift becoming popular nowadays? Let’s explore!
Top Reasons Gold is the Perfect Corporate Gift
Here are the top reasons to choose gold as a corporate gift for the Employee Incentive program:
1. Feel Appreciated and Valued
Recognizing employee value is crucial in business to have successful and long-term relationships. Gold is also given as a corporate gift that has a symbolic connotation of recognition and appreciation conquering the quality one. It shows you care and can create a lasting impression for your brand, too. Purchasing quality corporate gifts is a way of telling employees, clients, and partners that the companies are not just names on the list but are appreciated.
2. Long-Term Value
Nothing emphasizes long-term value and assets as much as Gold does. General corporate gifts, such as silver, copper, or other metals and jewels, may become outdated or less valuable while the value of gold rises with time. For instance, one ounce of gold cost about $400 in 2004; today, it has gone up almost to $2600 per ounce, or 550% up on the original price of $400 per ounce! When firms give out gold, they are able to give a lasting impression as gold spot prices increase over time.
3. Universally respected gift:
Across cultures, gold remains a highly respected gifting option. When bought as a bullion coin, bar, or a beautiful piece of jewelry, people value it. Due to this, it is the best gift since it has no expiry date and is not associated with materialism. Whereas other corporate gifts may lose their value over a period of time, gold retains its prestige and status over time.
Easy Access to Small Gold Bars for Corporate Gifting
Here are some top choices in gold products that you can choose for corporate gifting-
Affordable Options
One can give Gold to the Employee Incentive program without denting the wallet. Gold products, namely, 1 gram, 2 gram, and 5 gram gold bars and fractional gold coins, make attractive corporate gifts that are esteemed and cheaper compared to other similarly priced gifts. Ranging from $100-$300, the above items are pretty affordable, meaning that business owners can offer a valuable and personalized gift back without breaking the bank. Here are some options:
In one gram weight category, you can either give PAMP Rosa Gold Bars – a symbol of perfection, royalty, and love OR classic Sunshine Mint Gold Bars for enduring value.
In 2 grams weight, Scottsdale Mint Lion Bar or Argor Heraeus Gold Bar can be the best corporate gifts with their premium quality and symbolic worth. Small and compact!
If you are looking for something different yet popular and of pride in your country, then go for Perth Kookaburra or Canadian Maple Leaf coins in fractional sizes. Recognized worldwide!
Shareable Gold
CombiBars or multi-gram bars are the ones that can be broken up or separate small pieces of gold to fit the needs of corporate gift-giving. Managers can award smaller fragments of the whole as part of an overall Employee Incentive program.
Here are some options: Valcambi Combibars or PAMP Multigram; they can offer you affordable yet more ounces for gifting.
Gold bars can be easily purchased through trusted online dealers like BOLD Precious Metals, which offers a wide range of small and fractional gold bars. Companies can also benefit from bulk purchasing options.
How Gifting Gold Enhances Employer-Employee Relationships
Building Loyalty and Appreciation
Employees of companies will feel valued, thus fostering loyalty. Precious gifts such as gold coins, bars, or jewelry make employees feel appreciated and distinguished. Gifting gold reiterates to them that the company appreciates the blood, sweat, and tears that employees put in at work.
Creating a Positive Corporate Culture
Giving out gold for the ‘Employee Incentive’ program assists in building the right organizational culture. It is considered a form of recognition and motivates employees to perform to the best of their potential. Due to its value, it helps employees strive toward a nurturing working environment.
Strengthening Trust
Gold corporate gifts put a seal of trust between employers and employees. Offering gold products as gifts helps recognize team efforts, too. With trust, you can build long-lasting relationships within organizations. It establishes loyalty and creates a more solid working relationship with the teams and customers.
Additional Benefits of Gifting Gold
Portability and Customization:
Gold corporate gifts like bars are compact and can easily be carried around, and they can be engraved with a company logo.
Less Tax-Deductible:
Gold presents are dignified and taxation-smart for companies since any profit retained for over a year is taxed as a long-term capital gain (as much as 28% in the US- rather than short term ordinary income), and certain modest gold gifts can be eligible for partial tax deductions but are suitable for businesses.
Final Thoughts: Why Gold is the Best Employee Incentive
Gold can be considered the best type of employee incentive because it has everlasting value, is prestigious, and leaves a lasting impression. It fosters loyalty, boosts morale, and strengthens trust within your organization. Whether as a reward for performance, recognition, or special milestones, gold as a corporate gift leaves a lasting impression.
Ready to elevate your corporate gifting? Explore premium gold bar products at BOLD Precious Metals and make a meaningful investment in your team today!
