By Haris Quintana

Employee reward programs are now being used by every company to motivate their employees and boost their morale. A reward program is quite different from handing over a promotion or monetary reward in an envelope. In today’s tech-savvy world, people want to choose their own reward and what better way to grant them their wish than GCodes.

Photo courtesy of Flickr, under creative commons license
Add to Flipboard Magazine.
GCodes is more than just an employee reward. It is a global currency for gifting that is gaining popularity every day. Today, e-gift cards have lost most of their appeal because it focuses on a particular gift that the person can purchase in a limited period. On the other hand, GCodes is a simple coding system that rewards employees from 10 cents to 2,500 dollars. What is more appealing is that the codes can be redeemed in a total of 85 countries with no currency conversion required.

GCodes vs. E-Gift Cards

GCodes

As mentioned earlier, GCodes is a global currency for gifting and is issued in British Pounds, Euros, CAD and USD. You don’t need to get any complex conversions done because they can be used all over the world. As a way of rewarding employees in a competitive work environment, GCodes, used by employers, can be redeemed and used to purchase a reward of your own liking.

With the help of GCodes, employers can reward their employees in the following reward forms, which they are free to choose:

• Hotels and Travel
• Virtual Rewards
• Merchandise
• Mobile Top-Up
• Experiences (All expenses paid trip)
• Merchandise
• Retail Gift Cards
• Event Tickets

E-Gift Cards

E-Gift cards are similar to physical gift cards but can also be used virtually. Today, companies are investing more in e-gift cards because they are easy to reward and can be used immediately. The only difference between GCodes and E-Gift cards is that the former can be used as a means of currency for purchasing anything whereas the latter is used specifically for gifting particular merchandise.

According to a Wall Street Journal, only 37% of the Americans look forward to a gift card as a present. We can say that the novelty of this present has worn off because most of the people do not receive the reward they are looking for. According to a survey by Rakuten.com, people who receive a gift whether it is physical or in the form of E-Gift card, either sell it or re-gift it. In some cases, it is even donated or kept somewhere in the house and forgotten. This is why; most E-Gift cards expire and lose their value.

However, when it comes to GCodes, they can be used to purchase whatever you want. In a work environment, GCodes are more valuable because it gives the employee an opportunity to buy whatever they desire. This allows them to work in a stress-free environment because they are getting the right reward for their dedication and loyalty.