The company Christmas party can be the most highly anticipated event in the social calendar, for CEO’s and employees alike, and not just for a reason to let your hair down. Throwing a big festive bash can offer up many benefits for the staff and the company as a brand – so grab the tinsel and mistletoe and plan for a jovial celebration!
When the benefits can vary from financial gain to staff camaraderie, then there is no reason not to don a Santa hat and belt out ‘The Twelve Days of Christmas’!
Your employees will reap the benefits
A big Christmas soirée is a great way to say ‘thank you’ to everyone for their hard work over the past 12 months. Celebrating the success of diligence can boost morale on a whole, and the acknowledgement of how each staff member has an important role within the company can create a positive working environment, where staff can cultivate their personal achievements. Recognising and rewarding staff can strengthen dynamics and create rapport between employees, boosting team spirit as a entirety. Giving an opportunity to have fun is rewarding, positive and people revel in the chance to relax, meaning they can let loose, and come back to the office refreshed and ready to work hard.
A place to network is always great for any business, developing and cementing relationships cross-departments or with people you may not usually come across on a day to day basis. Bonding in a casual setting creates a light hearted atmosphere, where you can show a different side making the day to day office life a much more personal and enjoyable experience. The goodwill incentive can highlight your ethos as a company and you can deliver key company messages and recognition of achievements.
A break away from the desk, and spending valuable time together can return favour to the business in hard work, loyalty and motivation for the coming year; and through new possible friendships, new projects, ideas or production line could increase.
Financial benefits are to be considered too, as believe it or not, HMRC want you to enjoy and reward staff at Christmas, as there are tax benefits to throwing a festive gathering. The tax man does provide a limited tax relief for the cost of holding an ‘annual event’ for your company – providing certain conditions are met.
The return on investment, as staff work harder when they feel appreciated, acknowledged and rewarded, so in the long run you will reap the rewards.
It doesn’t have be costly. Even just a change of setting for the end of year meeting, followed by afternoon tea or mince pies can instill positive vibes, meaning the plans laid down for next year are in good spirits and can be approached in a positive way. A smaller budget doesn’t mean the recognition and celebration should go amiss, people appreciate effort made and a tip of the cap in their direction, however small, will still be noted.
Without a festive celebration or acknowledgement, you could look like a Scrooge, and morale could dip – but with so many benefits to the business there is no reason not to indulge in the festive spirit!
South Coast Events provides event management services across Dorset and Hampshire for Corporate and Private Events