The year end is often a challenging time for employers especially as their staff is starting to wind down to enjoy this holiday.For most companies, there is also the challenge of throwing a memorable year-end party and giving end-of-year staff gifts as well as rewards to thank employees for their diligence, dedication and support over the past 12 months. The party and rewards have to engage a diverse group of people with various tastes.

So how exactly can a company best try to keep everyone satisfied with the year-end reward?
Cash bonuses are an obvious answer to thank your employees for their hard work all year round, the one that everyone welcomes. They are also the type of rewards coming with the most pitfalls. Consider your options before plunging ahead: