Employee gifts are a great way to show your appreciation for your employees. Holidays are the perfect time to give something personal and heartfelt. There are also anniversaries and birthdays to consider. If you want to give something special, think about personalizing it yourself or ask your employees what they would like.
Non-cash employee gifts
Giving non-cash employee gifts is a common way to show your appreciation, especially during the holidays. However, it’s important to remember that not all gift giving is tax-deductible. In fact, the IRS has specific rules governing employee gifts. While cash and gift cards that are redeemable for casts are taxable, non-cash gifts with a value of less than $75 are not taxable.
Personal gifts are a grey area for tax purposes. Even if an employee is a close family member or friend, such a gift may not be tax-deductible. However, if you give a gift to an employee that has no business purpose, it’s not considered compensation and can be tax-free. In Duberstein v. Commissioner, for instance, a gift is not considered taxable compensation if it’s given out of respect or affection. In Larsen v. Commissioner, the gift was deemed unrelated to the employment relationship and therefore, a tax deduction was not applicable.
In addition to making sure gifts are appropriate for the recipients, you should also take into consideration the environment. If possible, choose gifts that are made in the U.S. or are related to a cause that benefits the environment. Homegrown products are always more eco-friendly and have a lower carbon footprint. Another important factor to consider is presentation. A beautiful gift box will make unwrapping a pleasant experience for the recipient and also send a message of value.
Non-cash employee gifts are important for the business as they can improve the work environment and improve employee retention. However, it is crucial to keep in mind that gift giving should only be done in accordance with the applicable laws and regulations. A qualified accountant and tax adviser should always be consulted before you hand out any gifts to your employees.
Depending on the amount, some gifts may be considered de minimis fringe benefits. These are gifts valued at $100 or less and are given only rarely. If the gift is more than $100, the value is considered taxable income. However, it may not be taxable if the value is under $200. However, the value of the gift will need to be taken into account on the employee’s year-end tax return.
When looking for the best employee gifts, tech gadgets are a great option. A smart mug, for example, will keep hot beverages at the perfect temperature, while also keeping your kitchen clutter to a minimum. It can also charge compatible devices. Another popular tech gift is a pair of Skullcandy Headphones, cordless noise-canceling headphones with a 15-minute instant charge and nearly 5 hours of playback time.
If your employees are always on the go, Bluetooth speakers can be the perfect gift. They are wireless, and they can be easily clipped to a bag, purse, or cargo shorts. They are also waterproof and dustproof, so they will be very convenient to use in the office or on the road.
A phone charger is another great option. It’s not expensive and is incredibly practical. People on the go will love to have a charger nearby. You can even choose one that matches the recipient’s personality and interests. A new backpack or a set of earbuds is sure to be a hit, too.
Giving gifts to employees is a great way to show appreciation. This will create happier employees and make it easier to keep them on board. Besides, employees value appreciation more than bonuses or other incentives. They also appreciate the thought behind your gift. However, remember to pick a gift carefully. Giving the wrong gift could backfire.
Tech gifts are a great way to show employees that you care. Employees will be more likely to share your company’s message when they receive a thoughtful gift. Gifts can include office supplies and tools they can use to be successful. For example, new hires may appreciate earphones, which can be useful for video calls and long periods of time “in the zone.” In addition to technology-related gifts, laptop cases and mouse pads can be personalized with your company’s logo and/or slogan.
Computer accessories are useful and attractive promotional giveaways for your company. They are a crowd-pleaser because they are useful and relevant. Consider computer accessories for your next marketing event. Here are a few tips to choose an appropriate promotional item. You can customize the USB key with your company’s logo or message.
Consider giving computer accessories as corporate gifts for your employees and customers. They make great gifts for a company’s anniversary or the launch of a new product. They also make for great customer gifts. Whether you want to give out headphones or USB keys, computer accessories can create a lasting impression. They can also boost your company’s image and reputation.
Computer accessories are also a good choice for end-of-the-year celebrations. The end of the year represents an ideal time to express gratitude to customers and collaborators. Computer accessories make for the best and most effective gifts. They also come in different styles and colors. They are affordable and can be custom-made.
Computer accessories can also be useful for employees who are often working remotely. For example, touch screen gloves can keep the hands warm and allow the employee to operate touch screen devices without worrying about cold hands. An adjustable ring light with a micro USB input can be very useful for video conferences. Lastly, an air purifier can keep employees’ workspace free of dust and other messes.
Computer accessories are also a great gift for employees. A wireless charger can be custom-branded to include the company’s logo. An expandable tech organizer is also a great way to keep chargers and cords tidy. Stereo headphones are also a useful gift. Most people can use an extra pair of headphones or earbuds.
Custom-designed USB sticks are another useful computer accessory. They are portable and can be used to store data from different platforms. You can even get custom-made USB sticks that can contain your company’s logo and company profile.
One of the most useful promotional gifts you can give to your employees is a personalized notebook. It will help them stay organized and remember important points from meetings and seminars. These notebooks can also be given to new employees. They make great gifts for anniversary parties, end-of-year parties, and Christmas.
Notebooks can be customized to fit the needs of any company. You can choose the color and finish that best reflects your company’s identity. There are various options for embossing and printing your logo on them. You can choose from traditional blind embossing to a colourful screen print or high-quality metallic finish. Custom notebooks are great promotional gifts because they don’t cost much and can be used on a daily basis.
A customized notebook will also improve the employee’s work process by stimulating creativity. Moreover, writing by hand helps anchor thoughts better than typing. With a branded notebook, employees will be motivated and more productive. Moreover, they will feel a connection with the company. They can use the notebook as a promotional gift and as a convenient place to store important items.
A personalized leather journal will encourage the creative side of the recipient. It is also durable enough to last for many filled journals. It can be customized with a name or a three-letter initial. The journal itself can be filled with the recipient’s notes and drawings. If the employee is a sketch artist, consider giving an engravable journal. They come in different sizes and page numbers, and many manufacturers offer a rainbow of colors and designs for personalizing the cover. The notebook can also be refillable.
Personalized notebooks have become a staple in the corporate world. They are far more useful than a mobile phone when it comes to taking notes. They are also more professional-looking and reflect the company more professionally. Moreover, your employees will be glad to receive these gifts. They are also more likely to appreciate a personalised notebook than a generic notebook.