5 reasons you need to hold a staff Christmas Party
- August 15, 2018
With just 100 days to go until Christmas, it’s that time many employers start to dread- it’s time to start planning the annual Office Christmas Party. But would it help to point out that, far from being something to dread, the annual festive get together can be enormously beneficial for your company? Here’s 5 reasons why:
In a dark, dank miserable December an exciting Christmas party gives everyone something to look forward to and marks the end of the year .It gives your staff a boost and kicks off the new year with a new-found energy. More than that, happy employees are 10 times less likely to take sick leave than those suffering stress or anxiety.
Breaks down barriers
We all know people tend to speak to the same colleagues every day, rarely venturing outside their own team- the office Christmas party is one event that encourages people out of their silos and creates a company-wide culture. It helps to break down perceived barriers between teams and encourages development of communications between separate areas of the business, something that helps create innovative solutions to business problems.
A well thought out Christmas Party not only serves as a thank you to your staff for a job well done- happy staff will boost your bottom line. As Richard Branson is quoted as saying: “If you look after your staff, they’ll look after your customers”. So show your employees you care and they will take care of you.
Improves staff retention
A staff party doesn’t just improve morale; employees see it as a sign of the company’s financial health. When a company cancels their annual festive bash, it’s time to start looking for a new position, according to this article by Wlison Field Insolvency Practioners. It costs a company around £11,000 to recruit each employee, research by accountant Accounts & legal has found. Put into context, £30 a head for a Christmas do is a bargain.
Christmas Parties aren’t expensive
A great Christmas bash doesn’t have to break the bank- this research by Savoy Stewart shows the average spend on Christmas parties by area in 2016. With the average salary in the UK standing at £27,600, the relatively generous employers of Birmingham spent an amount equivalent to just 1.3% of salary on their annual event.