The holidays can be a stressful time for small business owners and their employees.  Showing appreciation to those that work hard for you year round not only shows you care about them, it can improve employee morale and increase productivity.  Small gestures can make a big difference during this time and the benefits can be far reaching.  It’s nearly impossible to produce a quality product without happy employees. Here we’ve outlined some of the best ways to ensure your work family pulls together this holiday season.

Holiday Parties

This is one of the most obvious and best ways to build camaraderie between employees and encourage team work.  This gives your workers the chance to get to know their colleagues on a personal level and the creative benefits can be extensive.  Productivity and efficiency increases the better your team works with each other and a well thought out holiday party can provide just that.  If this is planned during business  hours you’ll want to ensure the time is paid.  If it’s happening outside of that time make certain your plans encourage everyone’s participation

Gym Memberships

The benefits of having a healthy workforce are well documented.  Healthier employees take less sick days, have greater productivity and reduce insurance costs.  Partnering with a local gym to provide your employees with complimentary or discounted memberships can make a great holiday gift.  This type of gift is also an investment in your company.  With so many benefits this is a worthwhile investment for your business and shows your employees you care about their well being.

Gift Cards

This is one of the favorite gifts an employee can receive and it provides the opportunity for your workers to get something they want or may need for the holidays.  A gift card could be used for dinners, gifts or other expenses and can relieve some of the financial pressure your team may be experiencing.  Be sure to give out cards that can be used anywhere so there’s no limit to their use.  Also of importance is keeping a uniform gift amount for each employee, regardless of position.

Time Off

The holiday season can be a busy time of year so it’s not entirely possible to give everyone time off.  Most businesses close for the major holidays but providing your team the chance for a little additional time off can be beneficial for both parties.  Make sure any time off you give is paid as many people will have tight budgets for the next few months.  You may consider bringing some fun into the process by holding contests and raffles to win additional paid time off.

Company Outings

If your company has had a great year you have your employees to thank.  The reward for maximizing profits should be shared with them and a company outing can create lasting memories and improve company morale.  Something that is fun for everyone and all inclusive is the goal of this reward.  These can include company picnics, museum trips or anything else that will bring your team together.  You may even consider having your workers suggest and vote on your trip’s itinerary.

Equipment & Supplies

This is another way to show appreciation that can be mutually beneficial.  Updating your equipment and stocking up on supplies can be a necessary expense.  Utilizing this opportunity to provide your employees with things that make their job easier is a great way to celebrate the holidays in an efficient manner.  Ask your employees what they need to do their job more efficiently and make sure they understand you are willing to invest in their future in your company.

Investing in company morale can sometimes be an expense you didn’t count on.  This doesn’t make it any less important.  If you’re looking for the means to thank and motivate your team, consider a merchant cash advance. Quikstone Capital Solutions provides cash for businesses by leveraging an asset that you already have - your monthly Visa and MasterCard sales. A merchant cash advance from Quikstone Capital Solutions is a business loan alternative that can help your business thrive and prosper.