Looking for employee Christmas gifts to hit the mark with your team? Whether you're looking for something 'small but mighty' or want to pick the biggest and best present to impress, we've done the hard work so you can 'sleigh' this year with our relevant and useful employee Christmas gift ideas, all available from The Lifestyle Gift Card!
Discover if Christmas gifts work, what to spend and how to give tax-free. To help choose some gifts, we looked at over 50 retail websites available on the Lifestyle Gift Card. Remember, The Lifestyle Gift Card can be spent with 200+ top retailers your employees choose, so the pressure is off!
Why not read our article on 'small treats' for employees under £50 here.
What Christmas gifts work best for employees?
A new study on over 1500 employees revealed that employees overwhelmingly prefer monetary gifts, with 65.1% expressing a preference for money in some form. The least favoured gifts? Company swag and gift cards worth less than $15, or for stores they don't like or would never use were least desirable, as were practical items like screwdrivers and umbrellas.
Do employees still get Christmas gifts from employers?
The study above shows that the vast majority (83%) have received a Christmas gift before, and 42% of respondents receive a gift from their employer every year, like clockwork. Most employers do give a gift to employees at Christmas.
Are employee Christmas gifts tax-free?
Employee Christmas gifts are subject to tax, but there is an exemption for trivial benefits, including gifts valued at £50 or less, including The Lifestyle Gift Card. If the value of the Christmas gift or gift card falls within this trivial benefit threshold, it may be exempt from income tax and National Insurance. It's important to note that gifts cannot be a reward for services and cannot be contractual. For directors of close companies, the total cannot exceed £300 in any year.
Are gift cards tax-free?
When it comes to Christmas gifts, gift cards can be given to employees, but only if the cards or vouchers you provide are not exchangeable for cash - otherwise, they will be deemed taxable and also subject to National Insurance. Lifestyle Gift Cards cannot be exchanged for a cash value, ensuring you are safe to give them to employees as a tax-free gift. According to one study, a gift card is one of the most common holiday gifts employees receive, with 37% of respondents reporting it's what they've gotten in the past, indicating it’s a great gift most businesses opt for.
What is the appropriate amount for an employee Christmas gift?
Because of the tax-free regulations, £50 is the typical spend in the UK, but you can spend more or less. Consider how well the company is doing, your sector (non-profit or private), how many team members you have, and how you can keep things fair.
Should a boss give employees Christmas gifts?
Gifts can come from the company or an individual manager, but managers are not required legally to do so. A business should offer guidance on spending, gift-giving and fairness to ensure some employees are not favoured over others. The expenditure should be similar.
Are employee Christmas gifts worth it?
We think so. A study in 2022 showed that 75% of respondents said receiving a Christmas gift from their employer increased their job satisfaction, with 46% saying this boost lasts for one year or more. This could be well worth the investment for £50 per person or less.
Consider that a boost in morale could improve retention rates. A 2023 survey shows that every time a business replaces a salaried employee, it costs 6 to 9 months' salary on average; this again represents excellent value. A Lifestyle Gift Card allows employees to make the ultimate choice about what their xmas gift is.
What Christmas gifts are ideal for teams?
Christmas gifts don't have to be for individuals. Treat a set of high performers or reward a team. Treat your team to a night of laughter with a Comedy Evening for four from Buyagift. From Lindon to Leek and Nuneaton, this experience offers an opportunity to enjoy a hilarious evening. More of a rowdy bunch? They will love this Two-Hour Karaoke Experience for Up to Seven People - £110 from Red Letter Days.
Don't sleep on an overnight break, either. You can treat a close-knit team with a Hoseasons Gift Card, starting from £50 or let them pick their holiday with family. We're also hearing good things about The Book of Mormon Theatre Show - from £29 at Lastminute.com; this could be a great treat, or maybe The Lion King or Harry Potter and the Cursed Child. All of these are available with The Lifestyle Gift Card.
Looking to impress with premium gifts for key employees this Christmas? These are our top picks, all available with The Lifestyle Gift Card. First, The Roberts Radio RD70 from Argos, priced at £180, boasts 1950s styling and a hand-crafted acoustically-tuned wooden cabinet, now with Bluetooth for streaming music from your smartphone. It also looks dreamy.
Are they more interested in soaking up spirits than the sounds? One way to spoil them is with the Ultimate Champagne Trug from The White Company, priced at £215. It is a luxurious statement piece hand-soldered in nickel-plated stainless steel, perfect for chilling up to four bottles of champagne or wine. All the brands can be found with The Lifestyle Gift Card, so why not let them choose?
Are hampers a good employee gift?
Yes! Offering a wide range of items and with the ability to be tailored to various tastes and dietary requirements, hampers make a great employee Christmas gift.
Wondering what to include in a hamper, how much they cost and what to consider before you buy? Why not read our guide to employee Christmas hampers here.
Can you give Christmas gifts to clients?
Wondering if you can give xmas gifts to clients while also gifting employees? To qualify for a tax deduction, a client gift needs to be less than £50 and 'incorporate a clear advertisement of your business or brand'. With Lifestyle Gift Cards, the personalised aspect makes it possible that it should qualify as a tax-deductible expense, but always check with your financial advisor.
Why do employees love The Lifestyle Gift Card?
The Lifestyle Gift Card is a top choice, allowing you to give one reward they can spend on 200+ big-name brands. It's so easy to buy and share, and the best part is that every single item on this gift lift can be purchased with a Lifestyle Gift Card! The card can be redeemed on the best-loved UK brands across food, home, fashion and entertainment, including Argos, notonthehighstreet, The White Company and many more.
Ready to buy? Contact us to set up your business account today and make rewarding easy!