Year End Bonus

Offer your employees a tangible reward to celebrate the end of the year and festive period.

Make the Holidays Bright: Using Epoints for Year End Bonuses and Festive Celebrations

As the year comes to a close, recognising employees for their hard work and dedication is crucial in maintaining morale and engagement. Each Person’s Epoints feature provides companies with a flexible and memorable way to reward employees with a year-end work bonus, while also empowering them to celebrate the festive season with less financial concerns.

What Are Epoints?

Epoints are a digital currency specifically for the Each Person platform that managers and business owners can use to reward their workforce. Employees can use their earned Epoints on the Each Person shop, which offers an impressive selection of products, experiences, and gift cards on leading retailers. Instead of a traditional cash bonus, which might get lost in general expenses, Epoints allow employees to shop for something truly special for themselves or their loved ones. This personal touch can make year-end work bonuses more impactful, helping employees feel genuinely appreciated for their contributions to your business.

Using Epoints for Year End Work Bonuses

Using Epoints as a year-end work bonus offers a simple, effective way to celebrate employee accomplishments and close out the year on a positive note, regardless of your workforce’s location. Managers can allocate Epoints based on overall performance, attendance, or other metrics that reflect each employee’s dedication and growth. Alternatively, some companies may choose to distribute Epoints evenly across all team members at the end of the year to show appreciation for collective efforts and celebrate the holidays. The complete flexibility in how Epoints are awarded enables companies to align rewards with their unique culture and values.

The Benefit of Using Epoints

One of the advantages of using Epoints is that they make the festive period even more enjoyable for everyone regardless of age or interests. Each Person’s shop platform offers an incredible range of products and gift cards for anything from electronics, luxury items and fashion, to home goods, family experiences or meals out.  

This empowers employees to select something that suits their holiday plans, needs and desires. For instance, employees may choose gifts for their families, festive home decor, or even experience vouchers for post-holiday fun. The variety of offerings gives employees control over how and when they spend their bonus, which adds a unique personal touch to their reward.  

‍Epoints are especially valuable for remote and hybrid teams, as they are accessible online and can be used anytime, from any location in the world. Each Person’s Epoints feature also makes it easy for managers to distribute rewards to all team members simultaneously, ensuring that the year-end bonus reaches every employee at the same time, whether they are in-office, remote, or in a different time zone.  

Each Person’s Epoints feature is a versatile tool for year-end recognition, celebrations and work bonuses, making it possible for companies to celebrate the festive season in a way that is rewarding, flexible, and personalised. By offering a wide selection of rewards, companies can make year-end bonuses more memorable, ensuring that every employee feels valued and ready to embrace the new year.