Savvy organizations are showing recognition for their employees’ hard work and hosting fun, engaging employee appreciation events to prove it.
While many companies host holiday parties as their big event of the year, it’s important to demonstrate employee appreciation year round. Often, the holiday party is for the company as a whole — which is critical for developing company unity, cross-unit engagement and cohesiveness.
But it is equally important to break the love down to the smaller departments and sections within your company. Fostering a tight-knit bond between the employees that work together on a daily basis is crucial for creating high-performance teams. In addition to corporate events, schedule some department specific bonding events. Summer is the perfect time.
With the mindset of “Christmas in July,” now is the time to plan fun, off-site events to get employees out of the office, especially during the hottest time of the year. By hosting employee appreciation events this summer, you have the chance to boost employee morale and in turn, employee satisfaction. Just take a look at these reasons why.
Why Employee Appreciation Matters
Employees need (and want) recognition. It helps them stay motivated. Did you know that 66% of employees report that they would likely quit if they didn’t feel appreciated? For millennials, that number jumps to 76%.
Employee appreciation and engagement are keys to retention. Think of it this way: Investing in your employees is a good investment for your company.
In order to retain top talent and encourage productivity, make them feel appreciated. Forbes magazine reported that companies who actively work toward an engaged culture show 21% greater profitability.
“Why are engaged teams more profitable? Those teams who score in the top 20% in engagement realize a 41% reduction in absenteeism, and 59% less turnover.” And according to a report from the Boston Consulting Group, the top reasons for job satisfaction include: “appreciation for your work” and “good relationships with colleagues.”
3 Ways to Make Employee Appreciation Events a Hit
Your employees are the lifeblood of your company. While there isn’t a universal employee appreciation program that works for every company, a few key elements will help to make a more meaningful experience.
- Get Specific- Employee recognition is more meaningful if it’s tied to a specific accomplishment. People will appreciate that their hard work is being recognized and be thankful for the opportunity to disconnect from their daily responsibilities, let loose and have some fun.
- Be Authentic- Show your appreciation for employees in a timely and personalized manner. For example, instead of a generic “go team,” recognize the specific team members who went above and beyond. This will motivate them to continue performing well and provide a sense of security in their value within the company.
- Don’t Overthink It- While it’s very important to recognize the bigger accomplishments, simple everyday thank you’s can be just as motivating to employees. Create a culture of recognition through handwritten notes, recognition on social media, team awards, lunch with the boss, time off, acknowledgment during meetings, etc. These often come from managers, but don’t be afraid to let peers give props, too!
Let Your Employees Know You Care
As you can see, a little recognition goes a long way in maintaining an employee’s level of satisfaction with their job. Host a luncheon, dinner party or whole afternoon event to spoil your most valuable assets. Choose from one of our adult party packages and let your employees know you care because companies who go that extra mile will be rewarded in return with employee productivity and loyalty.
Pro Tip: If you have a larger company, consider mixing up teams of employees from different departments so staff can mingle with a mix of colleagues.
It’s Christmas In July!
Save big this summer with Christmas in July at iPlay America. Now through July 31, 2019, get $750 towards your next event. From employee appreciation parties to corporate holiday parties and everything in between, we’ve got you covered!
Regardless of how or when you choose to show your appreciation, the important thing is that you do it. And better yet, keep that momentum going with fun events and perks all year long. Take the time to explore your options by calling one of our professional event planners at 732-577-8200 ext 382 today.