Company Holiday Parties Are Out. These Ingenious Ideas Are In.

30 Oct 2020

Well, making it through 2020 has certainly been an unusual experience. And as the end of the year approaches, even celebrating the holidays is more challenging than ever.

If you’re looking for perfect-for-2020 ways to reward your employees, check out these hot tips that are easy to implement—and sure to be appreciated.

Employees prefer prepaid cards and gift cards 10x more than a company holiday party.

(Source: Blackhawk Network Employee Holiday Incentives Study, online survey of 1,500 full-time US employees, Murphy Research, August 2019)

Let’s be honest: company holiday parties aren’t on everyone’s wish list. That’s why 2020 is the perfect time to start new year-end traditions. Instead of renting a venue and choosing a menu, send your employees what they really want: prepaid cards and gift cards.

70% of survey respondents order food for delivery.

(Source: https://beambox.com/townsquare/food-delivery-service-statistics)

Let your employees enjoy a great meal on your dime. Send them physical or digital gift cards for popular restaurants or food delivery services, such as UberEats.

For the 14th year in a row, prepaid cards remain the most popular items on people’s wish lists.

(Source: The National Retail Federation’s Annual October Holiday Consumer Survey was conducted by Prosper Insights & Analytics and published in October 2020)

Add your logo to a Mastercard® or Visa® Prepaid Card—no one really wants another company-branded mug, notepad or other merchandise.

56% of employees surveyed want to choose from 2 or more reward options.

(Source: “Consumer Verticals” was an online survey of 1,515 Americans completed between January 25 and February 05, 2018, using Leger’s online panel, LegerWeb. The margin of error for this study was +/-2.5%, 19 times out of 20)

That’s why we created The MAX Prepaid Card that can be used at over 80 popular merchants. Plus, for you, it has built-in savings on issuance fees.

71% of people surveyed are interested in digital gift cards vs other gifts.

(Source: Global Gift Card Market Insights, Forecast to 2025 was published by QYResearch Group on September 24, 2018. The report includes analysis of the global market size of the gift card market in key regions including North America, Europe, Asia Pacific, Central & South America and Middle East & Africa)

Digital gift cards are an ideal option these days. Delivery requires only a name and an email address —plus, you don’t pay for plastic cards or postage.


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