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P&MM launches e-gifting platform for instant employee reward and recognition schemes

ID: 1441196
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(businesspress24) - …New online employee incentive platform broadens choice…

Milton Keynes, UK – Tuesday 14th June 2016 – P&MM, an award winning performance improvement agency, has launched a digital e-gifting hub to help employers deliver a more diverse staff recognition scheme which will be redeemable online across a range of retail outlets. This initiative allows easy management and tracking of incentive schemes and is more closely aligned with today’s shopping patterns.

E-gifting includes a wide range of shopping vouchers from a catalogue of retail outlets and are available in £5, £10, £50 & £100 denominations. Currently e-gifting is redeemable from stores such as Amazon, Debenhams, John Lewis, House of Fraser, M&S, Starbucks and New Look, Spa Finder and Ernest Jones.

Online retail sales in the UK are predicted to reach £52.25bn this year, an increase of 16.2% from £44.97bn in 2014[1]. This equates to an average UK spend of £1,174 per person. According to P&MM, this trend is also driving the demand for more redeemable recognition reward schemes online too.

Kuljit Kaur, Head of Business Development at P&MM, comments, “Instant online redemption for the recipients’ choice of outlet is now expected by savvy employees, but many employers are unable to build an online infrastructure from the ground up. E-gifting enables organisations to reward staff without the challenge of managing and maintaining a digital hub, and are instantly redeemable once activated.”

Advantages of e-gifting includes:

• Instant reward and greater choice: E-gifting has huge benefits over other non-cash rewards by being efficient and online. This fulfills today’s shoppers’ expectation of instant access and convenient to use, and gives choice over the products or services that can be redeemed.
• Numerous redemption values can be used: As with paper vouchers, rewards can be set at whatever amount suits the employer’s budget. E-codes are paid for on demand, so there is no need to pay upfront for vouchers and employers only pay for what they use, therefore keeping costs down.


• Reduced Carbon Footprint: There is a significant reduction in the clients’ carbon footprint as there is no postage or printing involved in delivery.
• Reduced Cost in Fulfillment: There are no vouchers or cards to be sent out by post, so a huge saving can be made in postage costs.
• Easily Tracked: E-codes are sent securely by email and monitored to minimise the risk of fraud or theft.

The range of retail outlets will continue to expand and offer consumers even greater choice. For more information, please visit http://thevouchershop.co.uk/employee-rewards/e-gifting-the-digital-way-to-reward-your-employees/

Note to editors
[1] https://econsultancy.com/blog/66007-uk-online-retail-sales-to-reach-52-25bn-in-2015-report/



More information:
http://www.realwire.com/releases/PMM-launches-e-gifting-platform-for-instant-employee-reward-and-recognition



Keywords (optional):

pundmm, e, gifting, recognition, reward, employee,



Company information / Profile:

P&MM helps private and public sector organisations to recognise their workforce by providing branded incentives and award winning employee recognition schemes, which help to improve employee performance, engagement and talent retention, particularly when salary increases are not possible. Unlike cash incentives, P&MM schemes also provide detailed reporting to demonstrate return on investment. Headquartered in Milton Keynes, the company employs over 250 people from a wide range of specialist and vertical sector backgrounds. For further information, please visit www.staffmotivationmatters.co.uk

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PressContact / Agency:

Lena Ahad
Technology PR
www.technologypr.eu
lena(at)technologypr.eu
Telephone (UK) +44 07908 725212



published by: RealWire
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Date: 06/14/2016 - 11:18
Language: English
News-ID 1441196
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