Gift cards – a waste of money?

February 12, 2016   //   No Comments

gift cardDid you give a gift card for Christmas?  A survey has found that some Christmas gift vouchers are never used, meaning the company has effectively thrown away money that could have been better used.  The results showed that one particular company gave each of its 100 staff £15 vouchers to be spent at a high street store.  However, it was reported that 15% of the staff could not be bothered to use it, 10% forgot about it, 10% never shopped at that store and 10% lost them.  That meant a waste of almost half of the vouchers, equating to £675.  Makes you think twice about giving gift vouchers!