Showing your employees that they are appreciated makes good business sense. It doesn’t matter if you are in a large corporation or in a small start-up company, a relatively small investment into saying “Thank you for your hard work and loyalty” will pay dividends with higher productivity and lower attrition. Most established organizations already know this and it is why it remains an integral part of their annual operating budgets.
There are many ways to accomplish this. It could be a traditional banquet with speeches, awards, and recognitions. It could be an annual holiday party where bonus checks are distributed. It could be a departmental or division-level picnic. All of these approaches are time tested and effective, but lack the creativity and ‘edginess’ of a company that wants to project the image of moving into the forefront of their industry and attract and retain talent that wants to do the same.
Corporate Casino Parties create a fun environment that removes and barriers that may exist within a typical organizational structure for the duration of the event. Everyone is on a level playing field and automatically put at ease. The presence of first-class casino playing tables and professional dealers manning each of the tables representing “the house” helps to foster a team building environment. All this, plus the natural excitement that comes with the whole Las Vegas experience creates a complete WIN that tells your valued employees that you DO appreciate them and want them to enjoy themselves.
‘But not everyone gambles’ you say. Don’t worry, there is no ‘gambling’ going on. The chip may look real, but there is no monetary value associated with them. You can make it interesting for them by awarding prizes to the high chip winners, but rest assured that nobody puts any of their hard earned money on the line. The games are played with standard casino rules and payouts, but you can look at the chips the same way that you look a Monopoly money…it is a way to keep score and nothing more.
‘But what about the kids? We want it to be a family event’. That is not a problem either. Special tables can be set up for the kids complete with a professional dealer for kids games like Crazy-8s, and UNO, and they can play with chips too so that they can be an integral part of the event. Instructional tables can be setup for the teens so that their first experience in a real casino when they come of age is not their first learning experience.
An additional benefit that companies get from holding a casino party for their employees or class of new hire prospects is the ability to observe them and their individual styles at the gaming tables. It may give you some insight into what you can expect from them as employees.
- For instance, you notice that Jane sits at the Black Jack table and bets the minimum amount on every hand and wont hit anything that could potentially bust her hand. Jane is obviously ultra-conservative and probably does an excellent job in a support role, but would not be the kind of person you are looking for to promote any new ideas or provide support for something that has not proven itself in the market.
- Joe likes to play Craps and has a field bet on every role of the dice. Joe most likely has the type of personality that requires immediate feedback or instant gratification. A good manager would make note of this to reassure Joe on a regular basis that his efforts are going in the right direction, or maybe needs to make some adjustments. Infrequent communication with Joe will almost assure his departure in a relatively short period of time.
- Mary likes to play Roulette and is always playing ‘her numbers’ straight away without hedging her bets. Mary is looking for the BIG WIN and doesn’t mind taking the small losses that are inevitable in order to get there. Mary is a risk taker, so now the only thing you need to determine is whether or not the risks she takes in your behalf at the workplace are managed risks with an acceptable up-side potential or not.