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. |