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The Empuls Glossary

Glossary of Human Resources Management and Employee Benefit Terms

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Corporate Discounts

Corporate discounts are special pricing arrangements negotiated between businesses and vendors or service providers, offering employees reduced prices or exclusive deals on a wide range of products and services, fostering employee satisfaction and loyalty while providing cost-saving opportunities.

What is a corporate discount?

Corporate discounts are special pricing arrangements offered by vendors or service providers to businesses for their employees or members. These discounts are negotiated based on the potential volume of business or the perceived value of the company's patronage.

They aim to incentivize employees to purchase goods or services from specific vendors by offering them lower prices or exclusive deals. Corporate discounts can cover a wide range of products and services, from electronics and travel to insurance and entertainment.

Listen, recognize, award, and retain your employees with our Employee engagement software  

What are the benefits of offering corporate discounts to employees?

Offering corporate discounts to employees can provide several benefits, including:

  • Enhanced employee satisfaction and morale by providing tangible benefits and perks.
  • Increased employee retention and loyalty, as employees feel valued and appreciated by their employer.
  • Cost savings for employees on everyday purchases, leading to improved financial wellness.
  • Positive employer branding and reputation as a desirable place to work, which can aid in recruitment efforts.
  • Potential for increased productivity and engagement as employees feel motivated and rewarded for their work.

What types of products or services commonly offer corporate discounts?

Corporate discounts can apply to a wide range of products and services, including:

  • Electronics: Computers, smartphones, software, and accessories.
  • Travel: Airline tickets, hotels, car rentals, and vacation packages.
  • Retail: Clothing, appliances, home goods, and furniture.
  • Entertainment: Movie tickets, theme park passes, concerts, and sporting events.
  • Wellness: Gym memberships, fitness classes, spa services, and wellness products.
  • Insurance: Health insurance, life insurance, auto insurance, and home insurance.
  • Financial services: Banking, investment, and loan products.
  • Professional services: Legal services, consulting, training, and marketing services.
  • Dining: Restaurant discounts, catering services, and food delivery.
  • Transportation: Car purchases, leases, and public transportation passes.
  • Education: Tuition discounts, online courses, and educational resources.

How do businesses negotiate corporate discounts with vendors or service providers?

Businesses negotiate corporate discounts with vendors or service providers through various means, including direct negotiations, group purchasing organizations (GPOs), or through corporate perks platforms. Negotiations often involve discussions on pricing, terms of the discount agreement, minimum purchase requirements, and any additional perks or benefits offered to the business and its employees.

Larger companies with substantial purchasing power may have more leverage in negotiations, while smaller businesses may leverage their relationships with vendors or join forces with other businesses to negotiate better deals.

How do employees of a company access corporate discounts?

Employees of a company typically access corporate discounts through designated channels established by their employer. This could include accessing discounts through an internal employee portal, utilizing corporate discount codes or vouchers provided by the employer, or directly presenting their employee identification or proof of employment at participating vendors or service providers. Some companies also partner with external corporate perks platforms that offer a curated selection of discounts and deals exclusively for employees of participating companies.

Are corporate discounts typically based on volume, contract agreements, or other factors?

Corporate discounts can be based on various factors, including volume, contract agreements, or the nature of the business relationship. Volume-based discounts often reward businesses for making larger purchases or committing to long-term contracts with vendors.

Contract agreements may outline specific terms and conditions for the discount, such as minimum purchase requirements, duration of the agreement, and pricing tiers based on usage levels. Other factors influencing corporate discounts may include the business's industry, its relationship with the vendor, market conditions, and the overall value proposition offered by the vendor.

Employee pulse surveys:

These are short surveys that can be sent frequently to check what your employees think about an issue quickly. The survey comprises fewer questions (not more than 10) to get the information quickly. These can be administered at regular intervals (monthly/weekly/quarterly).

One-on-one meetings:

Having periodic, hour-long meetings for an informal chat with every team member is an excellent way to get a true sense of what’s happening with them. Since it is a safe and private conversation, it helps you get better details about an issue.


eNPS (employee Net Promoter score) is one of the simplest yet effective ways to assess your employee's opinion of your company. It includes one intriguing question that gauges loyalty. An example of eNPS questions include: How likely are you to recommend our company to others? Employees respond to the eNPS survey on a scale of 1-10, where 10 denotes they are ‘highly likely’ to recommend the company and 1 signifies they are ‘highly unlikely’ to recommend it.

Based on the responses, employees can be placed in three different categories:

  • Promoters
    Employees who have responded positively or agreed.
  • Detractors
    Employees who have reacted negatively or disagreed.
  • Passives
    Employees who have stayed neutral with their responses.

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