Nov 15, 2020 06:39 AM EST
With the COVID-19 cases on the rise, you and your colleague's favorite holiday tradition in your company wouldn't be the same this year.
According to John Hall of Forbes, canceling a party is a small price to pay to ensure his team's safety; even if there will be no catered buffet, secret Santas, ugly-sweater contest, awkward exchange gift, or day-after gossip.
However, Hall admitted that all the companies are giving a pass to expressing gratitude, building organizational chemistry, and improving morale. Those needs must still be met under the tree this year, as per Hall. Here are the alternative ways of celebrating Christmas party amid the COVID-19 pandemic, according to Forbes:
According to John Ruhlin, co-founder of a gift marketing agency and author of Giftology, one of the significant mistakes of employers in giving gifts is giving consumables such as alcohol, food, and live plants. Instead of these consumables, give gifts that are all things holiday parties aren't like things that are lasting and useful at all times. Some of these lasting gifts are goods like dinnerware and art, which are memorable and durable.
Cash may seem to be a smart choice, but it's often to feed a retirement fund or pay a nagging bill. The better option is a thoughtful item since large companies make headlines for bonusing frontline workers in a year.
Company programs, including Christmas parties, are built around one question: "How much should we spend?"
Hall advised that your canceled Christmas party's expenses should be divided among the employees who would have been invited and buy it a gift for each of them.
According to SWNS Digital, over 80% of American adults see handwritten notes as more thoughtful than digital communication. Amid the pandemic, you could bring back this kind of thoughtfulness to the employees by attaching a personalized letter to every gift you will give.
President of Global Services at American Express, Denise Pickett, wrote thousands of handwritten notes each year while listening to music or watching TV, as per The Cut. Pickett's record for writing letters is 278 in one sitting.
Unlike the typical Christmas party that people will forget afterward, a gist is a persistent memory to pay dividends, as per Forbes. The effort of the entire experience, from packaging to the presentation, has no price tags.
Due to the COVID-19 pandemic, this year might be slightly different, but the value of giving gifts won't be. At any company, employees must know that they are valued.
Journalists love their jobs because they get to interact with people from all sorts of backgrounds and expertises, then turn around and share their knowledge with the world.
As the metaverse takes over more of our digital lives, the commoditization of all aspects of our virtual beings becomes more and more of a reality.
Rustam Gilfanov is a famous IT businessman, a founder of a large IT company, and a partner of the LongeVC Fund.
Bitcoin and cryptocurrency in general guarantee some amazing profits if invested correctly.
In the currency trading business, many individuals make mistakes. Since most individuals join this profession with too much excitement, they forget about efficient strategies. Instead of controlling their investment and execution process, most individuals make poor choices for trading.
In today's digital world, more and more people are investing in cryptocurrencies. These digital tokens have exploded into popularity over the past few years, and have grown to the point that there are now nearly over 6,000 of them, according to Statista.
Following the pandemic, natural calamities, and major employment shifts, a startling new study on the online news site News Nation shows that 1 in 4 Americans don't have an emergency fund.
Generational wealth is a facet of wealth management that is often misunderstood. Labeled trust fund babies, rich kids, and lucky breaks, those who receive an inheritance from families are rare.
Social media has successfully made it to the mainstream consciousness of over half the global population. DataReportal's latest study shows that over 4.33 billion people worldwide are using some form of social networking site this year. That's why it's no wonder many tech companies are interested in investing or forming the next Facebook, Twitter, or YouTube to capture the hearts and minds of the general population.
Ease of access, freedom to choose in which to invest the money and lines of credit designed according to the needs of consumers, are some of the characteristics that have made consumer credit one of the most important financing products in the world’s market.