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?