Celebrating success in the workplace is great for increasing employee engagement which, in turn, increases productivity. Studies found that organizations in the top quartile of employee engagement scores had 18 percent higher productivity.
Celebrating success is especially important because your company is constantly changing, and hopefully growing. However, sticking to a tight budget is just as important as celebrating, so it's vital to find a balance.
In this article, we are going to list five great ideas for celebrating success, especially if you're on a shoestring budget.
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Trophies can be relatively inexpensive whilst still holding a lot of value to the people competing for them—we all remember the Geller cup from Friends, right?
Friendly competition in the workplace can do wonders for productivity and staff morale, particularly when there's a prize at stake. It can also encourage collaboration between staff members, as the old saying goes, two heads are better than one.
Trophies can be used to celebrate the success of anything and everything: landing a new contract, finishing a piece of amazing content, or reaching a milestone on social media—literally any success can be celebrated with the use of a trophy or several trophies.
Celebrating smaller successes with multiple trophies is great because it means that they will be circulated a lot more frequently than one huge trophy that only celebrates mega-success. This ensures that almost everyone gets a chance to display a trophy on their desk with pride.
Newsletters are great for keeping your employees in the loop with general goings-on in the company. They're also a great way to single out the success of certain people or departments in the company, particularly if you're strapped for cash.
You could set aside a success page each month and celebrate the success of one individual and one department, as well as honourable mentions for anyone else that you believe deserves a mention. Obviously, for the best impact, this newsletter should be sent out to everyone in the company.
3. Social Events
If you're celebrating a particularly special success then you should try and get out of the office for a few hours. A change of scenery can make a big difference to staff morale, whether its a family-friendly picnic or a crazy night out on the town.
Social events not only give employees something to look forward to and something positive to say about their place of work, they also bring co-workers together. In a new environment, it can be easier for people to interact and relax together, which is great for strengthening team relationships and spurring them on to achieve more.
To celebrate the success of the individuals that make your company what it is, you could have an annual awards ceremony. But don't worry, this doesn't have to be as 'high brow' as it sounds.
Awards ceremonies can be very simple and everyone can get involved in deciding which awards should be voted for. For example: Employee of the Year, Class Clown, Office Grump and so on.
Once you have selected which awards are going to be up for grabs, simply ask everyone to vote anonymously, count up the votes, and hold an awards evening to celebrate the success of the year you've had together as a team. Create certificates out of coloured card, order pizza to the office—this one is pretty much open to interpretation.
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Who doesn't like cake?
Cakes have been used to celebrate birthdays and tons of other special occasions for centuries. So why not use them to celebrate success in your business?
Success always tastes a little sweeter with cake. Plus, eating together is great for strengthening bonds and friendships between colleagues. Anthropologists have found that food is how social systems solidify group membership and share their belief systems. They also have found that the rituals surrounding eating binds people to their shared identity through powerful links between food and memory.
So, celebrating with cake can actually give your employees that much desired 'family-feeling,' which is important when you consider that 44 percent of employees feel there is no family-feeling in their organization.
Of course, you can always eat together without opting for cake. If you are watching your waistline, why not celebrate with healthy snacks instead?
Research has shown that providing fresh fruit at peoples' desks increases productivity by more than 10 percent, boosts energy levels and encourages employees to adopt a healthier lifestyle.
Celebrating success in your business will play a vital part in increasing staff morale and employee engagement, and also reducing retention.
However, it is always important to state exactly what you are celebrating and why, so that your employees know what to do in order to emulate their success time and time again.