2017-03-08 00:00:00 Managing People English Boost company morale and create a unified vision by hosting a corporate retreat for your staff. Employees return refreshed and primed for... https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/06/Man-with-ice-cream-cone-talks-with-woman-and-child-at-company-retreat.jpg https://quickbooks.intuit.com/ca/resources/managing-people/5-reasons-to-host-company-retreat/ 5 Reasons to Host a Company Retreat

5 Reasons to Host a Company Retreat

3 min read

Company retreats take a lot of planning, but the investment you make in organizing a retreat for your employees pays off in many ways. From productivity and company morale to steering your company toward a shared vision for the future, retreats have the potential to boost your business to new levels. Clear reasons and desired outcomes for the retreat help guide the planning process to create an inspiring and effective event for your staff.

Clarify Goals and Roles

You have a vision and goals in mind for your company, but are you communicating them clearly to your employees? Gather the troops for the retreat with a goal of getting everyone on the same page regarding company goals. Talking about goals gets your staff fired up and ready to work as a team to achieve that shared vision. The retreat is also a good time to clarify specific roles within the organization that can help reach those goals. Work with employees to get feedback on their workload, review the scope of job descriptions, and evaluate potential changes to duties. This gives your staff a chance to speak up about the desire for more responsibility, frustration over a heavy workload, or other issues related to their roles.

Strengthen Relationships

A company retreat is a way to encourage team bonding. The day-to-day grind of the office sometimes makes it difficult for employees to build relationships. Choosing retreat activities that focus on getting to know each other and working together can help build trust, increase camaraderie, and make you feel more like a team. The laid back retreat setting and team building activities that are more fun than the average work day release stress and help you see one another in a different light. Those improved relationships transfer back to the office to create better collaboration and a positive work environment.

Inspire Creativity

Remove your employees from their regular schedules to inspire creative thinking. A simple change of environment often gets the creativity flowing. A retreat is an ideal format for encouraging employees to share their ideas for improving work processes, increasing productivity, and creating a better working environment. You may discover new talents in your staff with these types of brainstorming retreat sessions. The low-pressure environment lets people feel comfortable enough to share ideas they might otherwise keep to themselves. Employees also start feeding off each other to create even greater ideas.

Motivate Employees

The energy that comes with a retreat often carries back to the workplace. Employees appreciate the investment you make in them and the company as a whole. They may have new ideas for doing their jobs more efficiently and with higher quality results. All that positive energy motivates your employees as they work on fulfilling those shared goals you discuss at the retreat. Feeling refreshed from time away from the office paired with newfound motivation translates to greater productivity from your staff.

Improve Morale

Doing the same routine every day leaves some employees feeling uninspired. A retreat breaks up the routine and shows that you care about your team. Being invited to a corporate retreat feels like a reward for being a loyal employee. Even a short break rejuvenates your staff, which can go a long way in boosting morale. High morale often equates to a higher retention rate for greater consistency and cost savings for your company. Remember that one of your most important assets as a business owner is your employees, prevent burnout and provide the means for relaxation to help improve business productivity and employee morale.

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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