IBJNews

More companies planning holiday parties, survey says

Back to TopCommentsE-mailPrintBookmark and Share

More companies seem to be in the holiday spirit this year.

Survey results released this week by Chicago-based employment consultancy Challenger Gray & Christmas Inc. show 83 percent of companies polled plan holiday parties this December.

That’s up from 68 percent last year, when firms were less confident about the economy, said Rick Cobb, Challenger’s executive vice president, and not far from the 90 percent which held them in pre-recession 2007.

For many companies, 2012 may feel like the first time in a while there is reason to celebrate, Cobb said.

Indeed, 10.3 percent of those surveyed said their company plans to host a holiday party after skipping festivities for at least a year.

“With hiring still relatively weak, employers are basically asking existing workers to do more with less,” Cobb said in a prepared statement. “Strong profits and rising productivity numbers suggest that workers are in fact delivering on that request. What better way to reward this hard work than with a holiday party.”

More than 80 percent of those that plan to host a party say they’ll spend the same amount as last year, while 17 percent say they’ll shell out more.

But holiday parties don’t have to be extravagant to be meaningful to employees, said Cobb, noting that a small company on a tight budget can easily host a potluck lunch in which employees provide most of the food.

Still, 63 percent said they plan to use a caterer or event planner, significantly up from 45 percent last year.

More companies, however, are celebrating on company premises. This year, 55 percent said they will stay on site, a sizable jump from the 30 percent which said they would last year.

What often generates the most debate is whether to serve alcohol. Nearly half of the companies surveyed, about the same as last year, said they plan to provide it.

And with that comes the yearly warning to employees to avoid embarrassing themselves.

“However, employees should not simply stand in the corner in an effort to stay off the radar,” Cobb said. “Make an effort to break away from your comfort zone and introduce yourself to those who might help your career.”

About 100 companies participated in the survey, Challenger said.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

  5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?

ADVERTISEMENT