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Deadlines for waste: how much will the private companies invest in the holiday gift for employees? | Israel today

2022-09-06T19:18:26.338Z


A good year of indulgences: 25% of companies will invest 300-400 shekels for the holiday gift per employee • 9% will invest between 800 and 1,000 shekels • The concern: "25%-20% of employees do not use their notes from forgetfulness"


Times for joy: 17% of the private companies in the economy will invest in gifts up to 300 NIS per employee during the Tishrei holidays, 25% of the companies indicated that they will invest 300-400 NIS in the holiday gift per employee, according to a special analysis by the business information company CofaceBdi conducted among about 150 large and leading companies in the Israeli economy .

41% of the companies answered that the amount of the budget per employee is NIS 400-600, 6% testified that they will invest between NIS 600 and 800 per employee, 9% will invest NIS 800-1,000 per employee, and only 2% stated that the amount of the budget for the gift will be more than From NIS 1,000 per employee.

These are companies from a variety of fields of activity: industry, services, high-tech and technology, trade and construction.

As for the type of gifts, it appears that about 62% of the companies will give employees shopping vouchers, 25% of the companies will give shopping vouchers or a gift, for the employee's choice, about 10% of the companies decided to give cash bonuses in honor of the holidays, and only 3% will give gifts such as kitchen utensils and electrical products.

A similar survey conducted by the company last year showed that 40% of the companies gave their employees only vouchers, compared to 62% in the current survey.

48% of the companies stated that they allow the employee to choose between purchase and gift vouchers, compared to 25% in the current survey.

The budget remains the same

In response to the question of whether there was a change in the amount of the budget for the holiday gift to employees this year, either in the form of a receipt or a gift, it appears that most companies (86%) testified that there was no change in the amount of the budget compared to the previous year.

An analysis of the various sectors of the economy shows that among high-tech and technology companies, the most common gift to employees is giving them the option to choose between purchase vouchers and a gift (71%).

In the services industry, the most common gift is vouchers (91%).

Even in the industrial sector, the most common gift is purchase vouchers (55%).

According to Tahila Yanai, co-CEO of the business information company CofaceBdi, "Most of the respondents in the survey stated that there was no change in the gift budget for the employee.

However, a significant number of managers replied that this year there is a decrease in the budget, in view of the increase in purchasing, production and operating costs."

want to buy

The employees are very happy to receive gifts, but there are also those who do not take advantage of the notes for all kinds of reasons, which results in the loss of a great deal of monetary value.

Yaacov Alosh, CEO of the Vaadim company, which coordinates the socio-economic information of the workers' councils in Israel, says that "20%-25% of the workers do not use their notes.

We estimate it to be in the order of NIS 200-400 million per holiday, which is a lot.

It is true that the notes are valid for five years, but usually 80% exercise them close to the period and they no longer save it for the next holiday."

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Source: israelhayom

All news articles on 2022-09-06

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