In most corporate cultures, gift-giving is important. Whether you are trying to thank long-standing customers, remind someone of your business, or recognize a hardworking employee, the basic reason behind gift giving is the same. Gifts are meant to affirm relationships and enhance personal connections between clients, customers, and employees. In fact, according to Promotional Products Association International, gift giving is proven to increase business activity.
Gifts versus Incentives
Gift giving and incentives differ on several strategic and practical levels. While gifts are offered with no preconditions for improved performance, incentives are explicitly meant to motivate employees to work harder. Incentives are awards for reaching defined goals. Gifts, on the other hand, are not given as part of a defined arrangement. Another important difference is that incentives are usually given by upper management to lower level employees, while gifts can be given within any stratum of the office hierarchy.
Why Are Gifts Better?
Many companies avoid using incentives so as not to ignite problematic competition within the office. Instead, some companies give managers a small stipend to spend on gifts to recognize employees for exceptional accomplishments. These could include extensive efforts to please customers, working longer hours to complete a project, closing a large sale, or saving the company money and time through active suggestions for improvement.
I am a loyal customer of Timus products for last 5 years. I have used laptop and travel bags, both are fantastic in style, durability and design. Sumit Tiwari the director of Timus is an amazing personality and his story is a motivation for a lot of entrepreneurs.I wish Timus team all the very best for presence in India and abroad.
I used to purchase the bags for the students of my institute from a vendor in Mumbai. But 2 years back, I ordered the bags from Timus and found that Timus provides better quality bags with 1 year warranty. The bags from Timus helped us improve our branding. Thanks to Mr Sumit and Timus for the quality service.
Words can not limit appreciation for Timus Products in
aspects like design, finish, suitability and life. It gives
emotional surplus. I will rate Timus better than any of
established players may be local or global.
Wishing all the best to Timus and team in the journey
of most admirable brand.
I personally would recommend the products as I have used it and I am extremely happy with the quality of products. I have gifted products to my team members and relatives as well. It's sturdy n reliable.