should be as well. It should be approached and handled with much care, and spending as much resources on the event is not necessary, it is imperative. The company has this one chance, this one opportunity, to not only thank the employees for a great year that is passed, but to also ensure they tackle the following year with gusto, enthusiasm and eagerness. It is one of the fastest and cheapest (over the long term) ways of building staff loyalty. As with customers, keeping a loyal staff member costs almost 5 times less than looking for and training a new staff member. So even if budgets are tight, spare a few rands to make your employees feel appreciated.