Whilst a £150 bonus or gift equivalent will give a short term boost, throwing money as staff incentives is like throwing wood on a fire – it is consumed in seconds. Gifting an experience has many more positive effects and long-term benefits.
Many of our clients gift an experience to their complete workforce on a regular basis – sometimes this includes rewarding their families too, after all, families are the backbone and support systems for your staff.
SHARED EXPERIENCES BUILD RELATIONSHIPS
A successful company event will aim to abandon the hierarchy and put everybody on a level playing field. The goal is to unite the team, break down barriers and allow everyone to share a positive experience together. These events promote company cohesion and may even be an opportunity for colleagues to meet who may have only ever communicated by email or telephone.
Experiences go a long way and are appreciated and remembered long after a physical gift. The experience starts at the point of invitation with the initial invitation creating excitement and anticipation within the workforce, prompting discussions and a buzz around the workplace. After the event, guests share videos, photos and funny stories. One single event can have a huge impact on the way an entire workforce reflects on a year in the work place.
A BOOST FOR YOUR REPUTATION
Staff talk. Many people, including clients and potential new employees will hear about the experiences you have provided for your workforce. Whilst staff are naturally reluctant to discuss a cash bonus, they will take pleasure in sharing stories of the escapades that occurred during a company away day. Such an event promotes your company as a vibrant and attractive place to work and do business with.
Treat your staff and their families well and they will respond with loyalty. The tangible increase in office morale will ultimately boost productivity. Staff and their families will feel appreciated and cared for which can only have a positive effect on the company for a long time to come.
Here are some links to relevant case studies: