Why are Birks
Watches the best option for my awards program?
Birks manufactures the majority of the watches we sell
so in essence, you are buying direct from a manufacturer
and removing any mark-ups that may be incurred by purchasing
watches from a secondary source. We also offer lifetime
battery replacement on our Birks brand watches and 5
year warranty.
Why should I offer more
Birks branded gifts than electronics or outdoor living
products?
Birks recognizes the investment that a company makes
in providing Service Award Programs, and we believe
that the most memorable type of gift is one that serves
as a symbolic, heirloom item that will last a lifetime.
While we continue to offer a variety of lifestyle products
in our gift offering, it is important to recognize the
monetary value and ultimate depreciation of this type
of gift, and the shelf life of an item’s technology
and operation.
What levels of Service
should be recognized in a Service Award Program?
While it is standard for companies to recognize employees
in 5 year increments beginning at 5 years (10,15 etc),
there is a rising number of companies today who begin
their programs with 1 yr and 3yr levels-if not with
a full award selection then with a symbolic memento
for everyone reaching these initial milestones.
What type of budget will
I need for a Service Award Program?
The value of service award gift varies but the current
standard is between $10-$25 per year of service. In
other words, a 5 year recipient receives a gift of anywhere
between $50 - $125. Often companies will bump-up their
25 year award level as this is still considered one
of the most significant milestones an employee will
achieve in their career. And don’t forget Retirement
- perhaps the most symbolic of all service levels!
What do you know about
Canada Revenue’s position on Taxable Benefits?
This legislation continues to change so we recommend
you seek further information at:
www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/bnfts/gfts/wrds/menu-eng.html
How long does it take to
launch a Service Award Program?
There are many decisions that need to be made, but with
our Program Checklist and online account data management
system (COSAR) assisting, we can review and determine
the exact parameters of your program needs and in as
little as 4-6 weeks have you ready to launch with your
first solicitations going out. |