You might have missed the opportunity to recognise your staffmembers' contribution to 2015 with an appropriate gift or personalised message, but there's still time to take steps to improve morale and motivation for the New Year.
Alla Keogh, MYOB's head of people and performance, has some suggestions about how that can be achieved.
At this time of year, your staff may be back at work but their children are still on holiday. So think about offering more flexible working arrangements, whether that involves non-standard hours or doing some of the work from home or another 'off-premises' location.
That can be tough for some types of business, especially when it comes to customer-facing staff. But where it is feasible it can help improve productivity as well as work/life balance.
Another thing about January is that in some industries there's enough business to be worth opening but not enough to keep everyone fully occupied all day.
"At MYOB, the staff are able to organise their own fun activities; whether that’s bringing in arcade games to the office for a day, or turning the kitchen into a putt putt golf course," said Keogh. "The idea is to create an environment that is pleasant, festive and welcoming."
The New Year is a natural time to look ahead, so encourage staff to think about what went well for them in 2015 and what they want to achieve this year, and make sure everyone is informed about company initiatives for 2016.
"If you recognise [your staff's] dedication to the job, reward them with small gestures and get them excited for the year ahead, it's more likely they will remain motivated through the silly season, and will come back inspired for a greater year ahead," said Keogh.