When considering what type of retirement gift to give someone who works for you, you must consider the length of time the person has worked for you as well as your company policy. However, since you have been on the receiving end of the benefits of their hard work, you may consider more than a typical coworker may spend on a retirement gift. The average that most individuals spend on retirement gifts ranges between $10 and $100, so you may want to spend $100+ as a boss on a retirement gift. Also, be sure to check company policy before purchasing to ensure there are not specific limitations.