Saying thank you this christmas

While you may think that many firms are set to benefit from the consumer upswing around the festive season, the latest research from promotional goods firm Stay Sourced suggests that businesses as well as households are continuing to feel the pinch. Only 22% of businesses surveyed are buying their employees a Christmas gift and 62% of companies admitted to not having a Christmas party in recent years.

In recent times the Christmas party has been one of the major causalities of small business cost cuts, however allowing your staff to celebrate can be a good way of rewarding them for their hard work throughout the year.

Rewarding your staff does not have to cost a fortune but can speak volumes and go a long way to boosting staff morale and thanking them for their hard work. It can also encourage communication, motivate staff and reward them at a time when other perks, such as pay rises and bonuses, just aren’t an option.

Here are ten cost-effective ideas to reward your staff and help boost morale at Christmas this year.

  1. Ask your staff

If you’ve had to cut the Christmas party budget, explain this to your staff at the earliest possible opportunity, most of them will understand that times are still tough for the businesses. Also ask them for ideas of what they’d like to do that don’t cost much money. Most people will be impressed that you’ve even asked. Once you have a few good ideas, put them to a vote.

  1. Host a low key event

Your Christmas party doesn’t have to be an expensive affair with a three course meal and a free bar. Nor do you have to rent out a venue, if you have the space to do it in your own premises and it is an appropriate venue. Host an informal get together with a few nibbles and invite staff to bring along some food and refreshments.

  1. Make your own entertainment

For free entertainment that gets everyone talking, you could hold a festive quiz and donate a present as the prize for the winner. Be creative with the budget you have and – most importantly – have fun!

  1. Go for lunch

Who says that the Christmas get-together has to be in the evening? Rather than the Christmas party and an evening meal, you could take staff out for lunch at a local pub or restaurant. It’s cheaper than a traditional party, but your staff will still get a treat.

  1. Check out the best deals

If you want to take your staff out for a meal or drinks, be sure to look for the best price. You can use group deal websites to source big discounts for staff nights out.

  1. Say thanks

Sometimes, showing staff that you recognise their hard work can mean more than any gift or monetary bonus. Take the time to go round your place of work and talk to every member of staff. Talk to them about their plans for the holidays and thank them personally for their hard work. It doesn’t cost a fortune but speaks volumes!

  1. Recognise exceptional work

Make people feel valued by giving awards for exceptional work in your organisation, for example, the person who’s made the most sales or the most punctual time keeper.

  1. Secret Santa

Arrange – or allow staff to arrange – a Secret Santa, where participants each buy a present for one other member of staff. This means employees can get into the festive spirit without spending a fortune.

  1. Wind down

If it won’t affect productivity too much, you could allow staff to go home a couple of hours early on the last day before the Christmas holidays, especially if this time would usually have been taken up by the Christmas party.

  1. Deck the halls

Allow staff to get into the festive spirit by decorating the office with Christmas decorations. These don’t have to be provided by you – unless you’re feeling generous – but you could invite people to bring their own in.

We all know that Christmas is as costly as you choose to make it, but simple things can mean just as much to your employees as expensive parties and lavish gestures.

 

 


Forum of Private Business

The Forum of Private Business is a leading small business support group dedicated to helping business owners focus on growth and profitability. Whatever challenges your business faces, we offer membership to help you protect and grow your business, save time and money, and provide you with a collective voice in government. For more information visit www.fpb.org or follow @The_FPB on Twitter

About Forum of Private Business

The Forum of Private Business is a leading small business support group dedicated to helping business owners focus on growth and profitability. Whatever challenges your business faces, we offer membership to help you protect and grow your business, save time and money, and provide you with a collective voice in government. For more information visit www.fpb.org or follow @The_FPB on Twitter