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Some are saying ‘Humbug!’ to holiday parties

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in Compensation and Benefits,Human Resources

Are you throwing a holiday party for your employees this year? The year-end Christmas bash is less common than it once was.

According to a Society of Human Resource Management (SHRM) survey, 30% of HR professionals reported that their organizations won’t host a holiday party or other seasonal event this year. That’s up 13 percentage points since 2012 when SHRM began asking the question.

Of course, most respondents— 65%—said their employers will throw a 2015 end-of-year or holiday party that’s open to all employees. More than four-fifths (83%) of those HR professionals said their organizations budget to pay for year-end festivities.

Some partygoers will even see larger spreads this year, as 45% of those planning parties have bigger budgets to work with than they did five years ago.

As for the merriment, 67% of respondents said their party would be held off-site. Twenty-two percent said they planned to close early that day (10 percentage points higher than in 2012). More than half (59%) said alcohol would be served at the party, and 46% said prizes would be given to random employees.

Eighty-two percent of respondents said their organizations planned to participate in charitable donation drives such as Toys for Tots during the end-of-year holiday season. That’s up from 74% in 2012.

Other holiday findings from the SHRM survey:

•  23% said their organizations would give nonperformance-based gifts to all employees at the end of the year, down sharply from 32% percent in 2013.

•  About half of respondents said their organizations would sponsor employee-to-employee gift exchanges, with 43% swapping swag within departments and 7% organizing companywide exchanges.

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