Work christmas party quiz4/30/2023 ![]() ![]() ![]() On the flip side, studies suggest that happy employees are up to 20% more productive than unhappy employees and according to an APA study, employed adults who report feeling valued by their employer, report that they are more motivated to do their very best for their employer (93%). Also, companies that have a disengaged workforce are less productive by 18% and are less profitable by 16%. According to studies, disengaged workers have 37% higher absenteeism and make 60% more errors. Staff Engagement, Staff Motivation & Staff RetentionĮmployees that have high morale, enjoy each other’s company and work well together, will be more engaged with the company objectives and be more motivated to achieve their personal gaols and targets. Two heads are only better than one when the two heads are working together! Your Christmas party will provide the perfect opportunity for staff to let their hair down and bond with each other on a deeper level. Employees and teams that work well together will be far more productive than employees and teams that don’t. If your employees can get on and relate to each other on a personal level, it will make their working relationship a lot stronger too. Just because your staff are spending around eight hours a day together, it doesn’t mean that they have much time to talk to each other about things that are non-work related. ![]() The majority of people spend a third of their life at work. Having something in common to look forward to can promote comradery amongst staff and will give them something in common to talk about, no matter what department they work in, their level of seniority or their personal interests. It will make staff feel valued and part of something bigger. Giving your employees something to look forward to at the end of the year can be a great morale booster. The stress and pressure of this working environment and the pressure to achieve targets can have a negative effect on staff morale. However, when business is good, it often means that your staff are working extremely hard and are working long hours. If business is good, it is great for the business owners. Staff will be much more likely to go the extra mile for clients and customers if they feel that you, their employer, goes above and beyond for them. A common corporate value is ‘to go above and beyond’, with the hope that staff will go above and beyond for the customers/ clients. While target based rewards give recognition to individual employees/ teams, a Christmas party rewards the whole firm and helps staff to feel like they are part of a ‘family’. Having a set of internal company values isn’t enough to demonstrate the culture to your employees, you need to practice what you preach! Putting on a Christmas party for your employees is a great way to show them that you are a fun, friendly and fair employer and most importantly, it shows that you care about them. Assuming that you already treat your staff fairly, give recognition for good work and offer them a competitive remuneration package, what else can you do to retain staff?Īccording to a Glass Door report, a good company culture was found to be the most important factor when it comes to employee retention. Therefore, it is much more cost effective to reward, nurture and ultimately retain your current employees. There’s also a risk that productivity will decrease even once the position has been filled, due to the inevitable learning curve of someone coming into a new business and the amount of time it takes them until they feel settled. These costs come in the form of: admin and HR costs, recruitment advertising costs, interviewing time, recruitment commission fees, potential temporary staffing costs to cover the post while the vacancy is open, induction/ on-boarding costs and training costs for the new employee. Ultimately, a Christmas party is a key tool you can use to mitigate the risk of your staff leaving you.Ī staff member leaving can cost your organisation a lot of time and money, regardless of their level of seniority. In this article we will explore some of the many benefits that can be realised from throwing a staff Christmas party. Work Christmas parties aren’t just a business expense, there are many benefits of a work Christmas party. ![]()
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