Ho Ho Ho or Humbug?

Earlier this week, we shared our patented Top 5 Holiday Party Tips.  As a follow-up, here’s some interesting data from BNA’s annual Year-end Holiday Practices Survey:

  • Party on.  64% of employers will throw a holiday bash this year (down only slightly from last year’s record of 67%), with more employers than ever before (92%) picking up the entire tab.
  • More booze?  Not sure what this says about the mental state of corporate America, but more employers plan to serve alcohol this year — 65% compared to last year’s 59%.
  • More safeguards?  Of the employers serving alcohol, 75% monitor consumption, 58% limit serving times, 46% provide taxis, 32% offer discount hotel rates to encourage overnight stays and 12% arrange for designated drivers.
  • No spouses.  Fewer employers allow non-employees to attend the festivities.  Only 55% will allow spouses or other guests, continuing a decline from 2004′s high of 63%.
  • Less charity.  Only 61% of employers will participate in charitable activities this year, up 3% from last year but down considerably from prior years when more than 70% of employers participated.  The most frequent activities include gifts to needy children (41%) and food drives (39%).
  • Scrooge-ish gifts and bonuses.  Only 40% of employers will give gifts or bonuses this year, down from 44% last year and 49% the previous year.
  • What if Santa brings gifts from vendors?  18% prohibit outside gifts entirely, while 51% allow gifts of nominal value and 14% set limits on value (typically somewhere between $25 and $100).  15% have no outside gift policy.

For all the results, click here.

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