Quote:
Originally Posted by Street Pharmacist
Not sure on the law, but as gift cards now get taxed the same as a cash bonus, why do so many companies go through the bother of giving blank gift cards? Seems like so many more hoops, and if they want you to spend it on anything you want, there's these lovely polymer paper gift cards that come in easy denominations like $5, $10, $20 and $100. There's even a $1000 option for those big spenders out there
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Easy answer is that the person in charge of giving out gifts to employees is usually Betty in HR and not Gertrude in accounting.
Its typically easier to buy a gift certificate with the company card than it is to try and scrounge up a few hundred bucks of company cash and just tacking it onto the next paycheque doesnt have the same flair to it. 
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