For many employers, 2011 will culminate in greater success than the past few years and the holidays are an ideal time to show appreciation to your employees for that success.
Think back on the past year and hopefully a great deal of achievements, accomplishments, and successes happened at your organization. Many of those would not have been possible without the efforts of your employees, those in the front lines every day servicing your customers and building your products. Each of your employees played a critical role in how your financials play out on December 31.
So whether you hold a celebration or offer time off work, gifts, or other gestures of thanks, it’s critically important to make the time and regard each your employee’s efforts and accomplishments. They are the people who made your success happen in 2011. Here are some ideas.
Coordinate a holiday party or event.
Providing a holiday party or gathering for your employees is a special way to show appreciation to your staff around the holidays. Nearly three-quarters of local employers coordinate a holiday party for their employees. These events are usually luncheons or evening parties held on a Thursday or Friday, and typically use external locations and caterers to host the parties – such as local restaurants, country clubs, or hotels. Some employers even invite employees’ spouses, significant others, and/or children.
Host a pre-holiday team-building activity.
This could be a departmental or team luncheon, fun activity, retreat, or a community service event. The end of the year is a great time to bring departments and teams together to discuss the past year, celebrate accomplishments, and/or continue to build the team. Encourage each of your managers to spend time with their team as a whole. It doesn’t have to be expensive or time-consuming, but should strengthen team dynamics and relationships to get the New Year started on the right foot.
Start a holiday tradition.
Traditions are an important part of your organization’s culture that makes your organization unique. If your organization doesn’t already have a holiday tradition, it may consider starting one. Perhaps it’s a family holiday party, a Secret Santa exchange, an annual breakfast, or an office decorating day.
Recognize and reward this year’s best.
There’s no question that some of your employees contributed in greater ways to your organization’s success than others, and if your organization hasn’t done so already, it should plan to recognize and reward those top performers. Perhaps these individuals include employees who have worked especially hard on a strategic project, those that exceeded their goals or contributed most to the organization’s profitability, or those that introduced a new innovation or initiative to the organization. Make a short list of your top contributors and provide them a special reward this holiday, preferably publicly.
Provide an extra day off (or two).
One of the best gifts you can give your employees is extra time with family and friends and a bit more work/life balance. Provide the opportunity for some time off work, either through extra paid holidays provided by the company, additional paid time off, early-releases, holiday breaks, reduced schedules, or more flexible work. Also keep in mind that the majority of employers are planning to provide the following paid holidays this year: Friday, December 23rd; Monday, December 26th; and Monday, January 2nd.
Make a personal gesture of thanks.
Encourage managers (and ideally your CEO or top management team) to write notes to employees, provide personalized telephone calls, or meet with them individually to thank them for their contributions. These personal gestures can go a long way in showing gratitude to employees for their efforts and accomplishments.
Give a gift.
Small gifts or cash/gift cards are a great way to show you appreciate employees. About half of employers provide holiday gifts to their employees. The most common gift given to employees is a general gift card. Some employers, however, provide hams/turkeys, gift baskets, logo items, clothing items, and candy. You may choose to get even more creative with your gifts and vary them from year to year. Be sure that immediate supervisors or top managers distribute these gifts.
…or gifts that keep giving.
By these we mean the things that many employees are looking for this year – beyond just a gift card. Perhaps it’s a new opportunity, a raise, or a promotion. Survey after survey shows that compensation, advancement, and career development rank high on employees’ “wish lists” this year. You’ll find that these “gifts” truly will keep on giving when they improve your employees’ motivation, engagement, and happiness at work in the new year.
Provide a few perks to help save them money.
Finally, the holidays can stretch employees’ wallets, so any way your organization can save its employees money will be appreciated. Discount programs, convenience services, and free benefits are all perks you can introduce to your employees this holiday season. Plus, ERC offers several employee discounts that are available to your employees through your membership. Click here to learn more.
This holiday, remember to thank the people that made your organization successful this past year by showing a few gestures of appreciation.
Holiday Benchmarking Surveys
Benchmark your holiday practices and paid holidays your organization offers by downloading our recently published holidays surveys: the 2011 ERC Holiday Practices Survey and 2012 ERC Paid Holiday Survey.
Discounts on Catering
Need a caterer for your upcoming holiday party? Consider using ERC’s Preferred Partner, Food for Thought, which provides discounted delivery fees on catering services to ERC members within certain geographical areas.
Build your team this holiday season! The end of the year or beginning of 2012 is a common and great time to gather your team together for a team-building event, activity, or training to ensure that your team is ready to execute for the New Year.