December 8, 2016
Half of UK firms will hold Christmas parties but just a fifth offer bonuses or extra time off 0
We’re entering the office party season now so it’s time for the usual flurry of Christmas related research. We kick off the season with this from XpertHR which claims that the majority of companies it has polled will host company-wide parties (50.8 percent) or departmental Christmas lunches (47.2 percent), but there will be fewer Christmas gifts, bonuses awarded or additional time off for employees this year. Employers plan to spend an average of £93.33 and a median of £50 per employee on their Christmas celebrations – a figure which hasn’t changed significantly since the last time XpertHR conducted this survey in 2012/13, when the median spend was £42.82. However, fewer than one in five organisations (17.9 percent) will be offering employee gifts this year compared to 21.1 percent in 2012/2013 and just 18 employers will award Christmas bonuses, with no increases planned compared with last year.