Tag Archives: Holiday parties

Companies not hiring but still in party mood

Despite a still sluggish economy, 70 percent of companies will hold holiday parties for their employees this year, according to a survey by outplacement consultancy firm Challenger, Gray & Christmas.

“The economy is not improving as fast as many had hoped. While some companies are seeing improvements, most are still stuck in first gear and continue to hold off on hiring, equipment upgrades and other big expenditures. Yet, despite the less-than-celebratory business conditions, the majority of companies refuse to abandon the year-end holiday party,” CEO John A. Challenger said in a news release.

Is your company still in a party mood?

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Good news for the economy — more holiday parties

Costly+Christmas.jpgManufacturing growth is up and consumer confidence is rising, but the surest sign that the economy is improving is the growing number of company-sponsored holiday parties.

That’s right, Scrooge is losing his stranglehold on corporate America. This is truly good news, but don’t start making holiday toasts just yet. Most companies won’t be busting the bank with their party budgets.

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