It’s rare that you’ll see the words ‘party’ and ‘business’ in the same sentence. Normally, they’re two different things that are kept completely separate. However, it’s common for companies to host an end of year party for their employees. This usually comes right after Thanksgiving or in early December before the Christmas holidays.
Aside from being a fun event, there are actually a number of benefits to throwing an end of year party for your business. Here are the top three reasons.
Improves Employee Relations
Parties are always a great way to get people chatting with one another in a relaxed environment. This isn’t something you necessarily get to do when everyone is at work. With an end of year party, your employees can chat with one another about anything they like, and leave work behind them. It’s a brilliant chance to improve internal relations in your business and make your employees feel more like they’re friends or even family rather than colleagues. It’s also a good chance for you to connect with your employees and appear more approachable.
Rewards Hardworking Employees
A party at the end of the year is also a great reward for your employees. They’ve spent the previous twelve months working tirelessly for your company. What better way to say thank you, than treating your team and their significant others to a nice dinner and maybe even the beloved White Elephant gift exchange.
Another nice gesture would be to get a few awards or plaques, like the ones on the Martin Awards website, and hand them out to employees. It’s just another way you can show appreciation, which results in a happier staff.
A Chance To Blow Off Steam
After a really hectic year, it’s also really nice to have a night where the whole team can just blow off steam. Everyone gets together and relaxes for an evening, with nothing to worry about for a good few hours.
It’s always smart to have the party on a Friday night, so everyone has the weekend to recover too (for those few team members that will likely take advantage of an open bar, if you offer one). It can help your employees massively, and they’ll return to work on Monday feeling refreshed and ready for what lies ahead – including the busy holiday season!
You see, a party is much more than a chance to have some fun. It can also be a very clever way of improving your business. A party can improve employee relations which leads to better collaboration, this, in turn, can boost productivity. Not to mention, It’s a chance to reward your employees, which makes them more attached to the company. They enjoy working for you, are less likely to leave, which reduces turnover costs.
There are a number of benefits to an end of year party for your business, and we’d love to hear from you in our comment section below if you’ve thrown one of these parties for your company!Published in