Ideal Gifts in a Tight Economy

As bailouts and bonuses plaster the headlines in today’s news, more and more companies are doing what they can to shore up spending. 

This usually means cutting back on bonuses and putting a freeze on hiring.

But how do you keep your employees happy and compensated in such times.  Gift cards are beginning to take the place of retreats and exclusive gym memberships.  One popular form of gift card is the new Esteem Pass.

Esteem Passes are redeemable at over 20,000 locations including hundreds of retailers and restaurants and are available in amounts between $10 and $500.  Employers have the ability to customize the cards with their corporate logos and to order anywhere from a few to a few thousand.

Vincent Hillenmeyer, President of Sodexo Pass, maker of the Esteem pass says, “It's more important than ever to recognize employees who are helping your business succeed during a tough economy.”

In recent weeks we have seen gift cards pop up in more and more situations as a way to give during difficult economic times.  We like this trend and hope you do too.  Feel free to inform us of any other gift card ideas you may know about