With the Canadian dollar’s recent drop and inflation levels rising, businesses will need to spend more time planning how best to allocate their retention budgets.
Successful business leaders recognize that even within an economic downturn funds used to motivate and engage their teams are definitely dollars well spent. There never really is a great time to drastically cut appreciation plans; however, there is a time for cost effective ideas. That time is now! For instance, an organization who provides a 2 day destination retreat each year may look at offering a fairly local, full day team building experience; eliminating high travel and accommodation costs.
For creative solutions that will keep your company’s culture in tact while not breaking the bank, contact Kristy today at: 403-308-6823.