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Tax Free Rewards
Did you know that income taxes are gobbling nearly half of our recognition budget?"
"At
first, we thought we could award gift cards to Walmart, Sears, and
other stores without bothering to Tax them … but we learned how wrong
we were after that painful audit.
Our employees were furious
that they have to pay income tax now on their awards…some of them even
refused their gift cards rather than be taxed. That's why we switched
to cash. From there, things only got worse. Now our cash award program
has become “expected” and part of compensation. We've concluded it
yields us zero employee behavior change….are we really getting anything
out of this? Isn’t there a legal way to reward our employees income tax
free?"
Our
legally income tax free StarPerks Recognition Program will help you
place 100% of your budget in the hands of your employees and will
reward them with a gift they’ll remember for years to come. New
research shows that while 82% of all employees say “give me the cash”
in favor of receiving a non cash tangible reward gift, those same
employees will work 2.5 times harder for a non cash award than a cash
or gift card award.
50 years of research by Bob Nelson,
Herzberg, Maslow, and other psychologists proves without a doubt that
your employees' number one Job Satisfaction request isn’t more money,
it’s more RECOGNITION. Our tax free STAR PERKS Program helps you and
your management team reward star performers easily, consistently, and
quickly,
This program has helped many firms reduce income tax
losses by 42% or more! Since each solution is custom built for you, the
easiest way to start is a free 10 minute needs assessment.
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