From moderator, Alice Bumgarner:
If your office is still debating whether or not to have its end-of-the-year party (minus the ice swans), consider this bit of advice from John Challenger, CEO of Challenger, Gray & Christmas: Party on, in some form. A year-end celebration can help workers get to know and trust one another in an era when turnover and telecommuting makes that difficult.
But if celebrating is definitely not an option, due to a bare-bones budget, think creatively about a low- or no-cost reward for employees. For example, employees at Viacom, where quarterly
profit plunged 37 percent, will get two extra paid days off instead of
invitations to chic parties hosted by such divisions as MTV and
Paramount Pictures (from Associated Press).