Design and print New Year's Eve backdrop in Hanoi

What is a company year-end party?

A company year-end party (also known as Year End Party - YEP) is a very important event for every company and business.

In Sino-Vietnamese, "Tat" means ending, completing, and "Nien" means year. So a year-end party is understood as a party organized by a company or business to summarize and look back on a year of work that has just ended.

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This is also an opportunity for company and business leaders to express their gratitude to employees, and at the same time, it is an opportunity to honor, reward and give timely encouragement to individuals and groups who have completed their tasks excellently in the past year.

Normally, a company year-end party will be held at the end of the year according to the Lunar calendar (usually 1 to 2 weeks before Tet holiday). However, depending on the culture of each company, this party can take place earlier, and many companies even choose the time frame according to the Gregorian calendar to organize this activity.

 

The meaning of organizing a company year-end party
More and more businesses and companies organize year-end parties. Simply put, this is not just a party for regular eating and drinking activities, but it also contains many meanings. Let's take a look at some of the meanings of the company year-end party below:

Summary and review of the past year
If at the beginning of the year, companies all give a detailed plan and direction to implement, then this year-end party will be the time for all leaders and employees to look back and summarize what has been done and what has not been done in the past year.

From there, it will help both the leadership and employees to summarize experiences and come up with innovative methods to complete the set goals for the coming year.

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Employee Appreciation
The year-end party is not only an opportunity for employees to "relax", temporarily leaving behind the pressure and stress of the busy work of the past year, but also an opportunity for the company's leadership to express gratitude to all employees.

In addition, there are timely greetings and rewards for individuals and groups with outstanding achievements and outstanding activities in the past year.

 

Internal connection
Busy work and pressure also make it difficult for employees to interact and share. Therefore, occasions with a large number of people present such as this year-end party will help employees improve their spirit of connection, communication, learning and sending each other New Year's greetings.

This is also an ideal opportunity to eliminate the gap between employees, between leaders and subordinates, ... to be able to build a more cohesive and stronger internal organization.

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Communicating the company's image
In addition to the above meanings, the year-end party is also a very effective way to communicate the company's image to customers and partners to build trust in them, thereby helping the company to develop more strongly.

 

Creating motivation for a successful year
The year-end party is a place for everyone to regain their spirit and set stronger goals for the following year. Everyone works together to achieve to make the company develop strongly.

 

What is needed to organize a company year-end party?
Depending on the inherent culture of the business and the majority of people's opinions, the company can come up with a year-end program timeline and a suitable way to organize the year-end party. You can refer to the year-end party checklist as suggested below:

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Make a detailed plan
You will need to determine the following questions to make a detailed plan for the time, location and appropriate staff arrangement:

Where is the party location?

When will it be held?

What parts will the year-end party include? Which department will be in charge of each part?

What do you need to buy? Who will be the buyer?

What is the total estimated cost? Is it within the budget?

Contingency plan in case of an incident.

Make a guest list and menu

- Guests will include partners, customers, businesses in the industry, the board of directors and the entire staff.

- The menu for the party is adjusted according to the number of guests, and the dishes also need to be balanced with the tastes of the majority of people, ensuring food safety.

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Determine the MC
The MC will be the "soul" of the year-end party. They will have the role of connecting and leading to create a joyful and attractive atmosphere for the party. Therefore, determining the MC is very important and needs to be done early.

 

Come up with ideas for setting up the space
The party will become cozy with a joyful red space, with green banh chung and peach blossoms on Tet holiday, or luxurious with the main white color and glass decoration details.

 

Prepare a plan and backup costs
- Like other parties, the year-end party will definitely need a backup plan when unexpected situations occur such as weather, space, sound and light, etc.

- Budget planning is also one of the important items of the year-end party. The budget for organizing the year-end party needs to be planned