When Sending Corporate GIfts, Remember These Tips
Sending customised gifts to your employees in Singapore is one way to make them feel valued. However, there is a tricky part when it comes to corporate gifting. Your goodwill might end up looking like a bribe. It happens a lot, especially when you do not know the compliance risks. Well, fret not since the following tips could help you with that.
- Send gifts for a reason.
Before you send any customized corporate gifts in Singapore, there should be a reason. A valid business purpose that would explain why you are sending presents at this time of the year. For example, your employees were able to close a deal with your new client, which is why you want to thank them through your gifts.
- Choose useful presents.
If you can’t think about what to give to your employees, be realistic. Choose practical gifts instead. Not only would it be less overwhelming for them, but they could use it in their daily lives.
- Know the tax rules.
Some customised gifts in Singapore are taxable. According to IRAS, the only time it would not be taxable is when sending a bereavement token. So, if that is not your reason for giving presents, check IRAS to know what gifts are subject to tax.
- Mind the packaging.
Other than the price tag, the way you present your present matters. It conveys your intention of why you are sending gifts to your employees. Hence, you would need to wrap it neatly to make it look presentable.
- Add a personal note.
Since presents are a token of appreciation, it would be a good idea to add a short message of thanks. That personal note would make your gifts appear unique, and your employees would feel more valuable.
If your gift list is a long one, let a handicraft shop in Singapore help you. Go to Arch Heritage and remember to apply these tips you have learned.
Resource:
https://visual.ly/community/Infographics/business/when-sending-corporate-gifts-remember-these-tips
