Employers: Are Your Employee Gifts Ending up on EBay?

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Zlimit.com illustrates that typical corporate gifts often end up resold by employees on popular auction websites.

Zlimit.com, an online incentive and reward company, recently performed a search on the popular auction site eBay® and found dozens of items where the seller indicated the gift was from his or her company. While this may not be surprising to some people, the variety of items listed illustrates how traditional corporate gifts no longer hold the value they once did.

“Employers purchase gifts for their employees for a variety of reasons: to boost morale, to encourage results or to reward certain behaviors. The last thing you want to have happen as an employer is for the gift to be resold,” explains Jeff Hock, eMarketing Manager for Zlimit.

Some of the items found up for auction were typical corporate gifts: company watches, high-end pens and jackets. Others were more surprising. “We found several iPods,” says Hock. “This came as a surprise since the iPod has been high on people’s wish lists for the past few holiday seasons. Other surprising items included a Hermes® leather men’s wallet and Adobe® Photoshop® software.”

How can an employer ensure its gifts to associates won’t be similarly discarded? “There are several approaches an employer can take,” Hock explains. “One way would be to learn each employee’s likes and dislikes, then buy each individual a unique gift. This of course is terribly time consuming and difficult. Another approach would be to purchase gift certificates. Unfortunately, these have downsides too -- they feel too much like cash and not like an actual reward. The best option is to let the employee choose their own gift within a given budget.”

Zlimit.com is an online incentive and reward company, with a simple concept: employers set a budget for each employee and pre-purchase gifts at award levels varying from $50 to $1,000. The employees then log on to the site and choose their specific gift from a list of items at that award level. Shipping is included so the employee never has to put in their own money, unlike gift certificates. “Fortune 500 companies have been using similar merchandise-based incentive programs for years,” says Hock. “What Zlimit has done is made it affordable for small and medium sized businesses. With Zlimit, there are no setup costs or minimum budgets.”

About Zlimit:

Zlimit is an online employee reward and incentive provider based out of Dayton, Ohio. For more information visit http://www.zlimit.com

Media contact:

Jeff Hock, eMarketing Manager

Zlimit.com

(937) 824-8246

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Jeff Hock
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