While a traditional potluck or company outing may not be the best way to celebrate the holidays with your employees this year, there are still a variety of ways to show them your appreciation. In what has been a very tough year for many, even the smallest of gifts can help to develop loyalty. Here we take a look at five ways to show employee appreciation during the 2020 holiday season.
Cash Bonuses
While opinions of cash gifts can vary, we’re among those that still believe cash is king. “Cash bonuses are a classic way to reward and motivate employees around the holidays or at end-of-year, but they can also be incorporated as part of a regular employee engagement and retention strategy that helps top talent buy into your culture and maximize their work hours to deliver business-growing results.”
Small Gifts
“An employee recognition gift is a great opportunity to reward, thank, and motivate your team. Employee appreciation gifts are ideal for special occasions like work anniversaries, team-building, holiday celebrations, Employee of the Month awards, or Employee Appreciation Day events.” When choosing these gifts for the holiday, do your best to give each employee something unique that shows you know and value their interests.
New Equipment
“Older technology is less reliable and often incompatible with newer equipment. Either one of these problems could make the workday more complicated and force even the simplest of tasks to take too long to complete. Wasted time contributes to employee stress and deteriorates your company culture.” Before making an equipment purchase, be sure to speak with your employees to find out what needs to be replaced and which tools will best help them do their jobs.
Charitable Donations
"Giving to charity in lieu of, or in addition to, a traditional holiday gift has a lot going for it," the consumer watchdog noted. "It restores the idea that the holidays are about caring for and helping others.” In a business environment, it may be best to make your charitable donations in addition to another perk or bonus. Find out what your individual employees value most and make their donations accordingly.
Recognition
“Employee recognition comes in a wealth of different forms. Recognition-focused events such as team building, brainstorming sessions, games, and special working days (e.g. Mojito Fridays) contribute to the level of motivation and engagement people get at the office.” Leading up to the holidays, it may be a good idea to highlight each individual employee during team meetings or within company newsletters. Be sure to highlight individual accomplishments and make sure you don’t leave anyone out.
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