Successful company retreats significantly impact innovation and motivation while facilitating better relationships among team members and management. However, only around 20 percent of companies reported holding annual gatherings. Interestingly, small businesses with 20 to 49 employees and larger corporations with 1000 employees or more were the most likely to have a corporate retreat.
That’s unfortunate because there are many benefits to holding corporate retreats. In this guide, we’ll be taking a closer look at what a company retreat is, the benefits of having a retreat, how to plan a successful event, and choosing the right venue for your retreat.
Company retreats are out-of-office gatherings for employees and management that facilitate healthy working environments and often include team-building exercises or address specific business needs and goals. These retreats often combine work and fun and are generally semi-structured events. In some cases, retreats may be exclusive to employees, but many allow spouses or children to attend.
Company retreats are an effective way of investing in your team. Here are three of the best benefits of holding a corporate retreat.
Retreats bring your team members together. They facilitate communication, innovation and help team members bond with one another. Additionally, retreats are a great way to resolve any tension, particularly after a stressful year, and help employees feel recognized and important to the company.
Every team has strengths and weaknesses, but any strength or weakness can be improved upon. Retreats are a great way to target areas of improvement or strengthen qualities your team already possesses through team-building activities.
One of the best benefits of holding company retreats is that they help employees feel valued. Employees that believe they are valuable to a company are more likely to be more productive and have a better performance. Additionally, surveys have shown that only 12 percent of employees quit their job for a higher pay scale. They are more likely to resign because of job satisfaction, management, work benefits, and growth opportunities.
Are you planning an upcoming company retreat? Here are some tips for planning a successful event.
Choosing the right venue for your company retreat is a big step towards its success. Taking your team out to the Tusculum Farm is a fantastic way to facilitate a positive work environment while enjoying all the team-building activities and amenities we have to offer. As our guests, your team can enjoy walks and hikes, horseback riding, fishing, games, and more. Additionally, we’re happy to help you set up extra activities to help you create a successful company retreat.
Are you planning a company retreat? Explore our spaces and learn more about our current packages before booking your stay at Tusculum Farm.