Your employees have put their heart and soul into your company and now it is time for you to pay back. Motivated employees are one of the greatest assets to a company as they could drive the company towards success. Of course these events take up money, however as an encouraging boss, you need not be hesitant in spending for the development of your employees. So here are some of the events you could hold to motivate and empower them and retain the best talent in the industry.

• Award ceremoniesThe best gift you could give your employees is appreciation. A simple pat on the back could go a long way. To make it an official event, you can hold an awards ceremony every year, felicitating the brilliant work done by your employees. Present them with trophies, plaques or medals that would make them feel pride in themselves. The recognition they gain in front of the entire senior management and fellow colleagues will boost their motivation immensely.
  • Formal dinnerWell if you can’t spend a few bucks at a trophy store Melbourne; consider inviting them for a grand dinner party. Book a formal banquet hall or restaurant, invite their families too if possible and treat them to a lavish dinner. Your employees would like to dress up once in a while, have some fun and enjoy with their families, bonding together. This is also a great way for the senior management to meet then one on one since they hardly come into direct contact with them.
    • Staff vacationsThese are usually given to executive level managers rewarding their hard work. You could gift them a fully paid holiday at a luxury resort in exclusive destinations. This usually takes up more costs; however your executive teams are the decision makers and managers of the organization. They run the place and hence keeping them happy so that their intentions are aligned with the corporate objectives is essential.
      • Team building eventsTeam building events are usually held away from the workplace in a more challenging environment. The activities include trekking, hiking, water sports etc. that will challenge them physically and mentally. The whole point of a team building event is for the employees to work as a team and solve problems through effective and collective decision making. It is expected that employees will improve their confidence, strengths and morale through these programs. There are organizations all around the country that hold such events, providing food, accommodation and all other facilities. You simply need to hire the place for a few days and they will organize various indoor and outdoor events of your liking.