RSS

SMEs cold on Christmas parties

Dec 02 2011

Christmas parties are not seen as a necessity Christmas parties are not seen as a necessity

Less than half of UK small businesses are planning on holding a Christmas party this festive season, despite a widespread recognition of the boost for staff morale they can provide.

A survey of 1,000 small and medium-sized enterprises (SMEs) undertaken by Sage reveals the percentage of companies holding a staff party has fallen from last year, when 48 per cent threw a staff Christmas party. Of those planning on holding one, the average cost per head will be between £30 and £39.

Leisa Docherty, people service director at Sage says, 'Despite widespread understanding of the importance of staff parties, it’s clear from our Omnibus research that with budgets under increased pressure and organisations continuing to keep an eye on their purse strings, Christmas parties are seen as a ‘nice to have’ option for many firms.

'However, with staff under increased pressure, taking the time to celebrate the successes of the year is invaluable.'

Docherty adds that companies planning not to party as a team this festive season should reconsider. 'Even low-key events are invaluable for boosting staff morale. Holding Christmas parties gives another way to thank [a company's] people for their hard work and celebrate the successes collectively achieved.'

Comments

There are currently no comments on this article

Mentoring – Now there’s a bright idea for business

Whether you're starting up, taking your business to the next level or just need a sounding board, Lloyds TSB understands that a business mentor can offer you the support and guidance you need to develop your business. Find out more today.

Win with UK2’s Business Hosting

Win tickets to the British GP with UK2’s Business Hosting. Find out more today.

Compare business insurance quotes

Tailor your policy, compare quotes and buyin minutes! Up to 50% No Claims Discount. Public and Employer's liability, Professional Indemnity, Business premises (also for home based workers) and more! Compare quotes now or call 0845-0723340 today.

Are you expecting to hire this year?




Site map

« Expand to view
Small Business Offers