Share this article:

£120m lost by businesses on employees' gift cards

£120m lost by businesses on employees' gift cards

Millions of pounds have been lost by businesses in Britain on gift cards for employees, according to new research by Giftcloud.

The digital gift card service found that employees either didn’t use them before the expiry or lost them.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News
  • 3 mins read

'More than salary' | How employee benefits could help ease financial stress and boost staff loyalty

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Column
  • 7 mins read

Menopause Awareness | 'Half the workforce' - why HR can't afford to get menopause support wrong

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast
  • 21:26

Podcast | VP HR, Thales UK: Turning talent attraction into long-term career growth

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Reward Webinar: Half your reward budget never arrives. A post-Budget plan for 2027

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Report

The future is payroll: 2026 research report