Number of company holiday parties remains stable from last year
ALEXANDRIA, Va. — As part of company end-of-year activities, the majority of organizations (78 percent) report participating in holiday charitable giving such as donations or drives, according to a new research poll released today by the Society for Human Resource Management.
A little over one-half also organize employee gift exchanges such as White Elephant – 45 percent within departments, 5 percent companywide and 2 percent in both.
“Even though many companies and employees continue to recover financially post-recession, the research shows that the holidays are still a time for giving among employers,” said Evren Esen, manager of SHRM’s Survey Research Center.
Close to two-thirds (66 percent) of organizations will also have holiday parties in 2013, a number which remains stable since last year (72 percent).
Additionally, only 9 percent of companies will cut back on holiday parties this year because of financial challenges and only 4 percent will hold holiday parties on-site to save money.
Several other key findings include:
- Three-fourths of organizations do not give nonperformance-based bonuses at the end of the year to employees, while 25 percent do offer them to either some or all employees.
- The choice of when to have holiday parties is split. Forty-two percent will have them during business hours, and 43 percent during non-business hours. The other 15 percent close early on the day of the party.
- A slight majority (60 percent) will have their corporate gathering off-site, and 36 percent will hold them on-site.
- One-half of organizations will allow employees to bring a limited number of guests to holiday parties, while 45 percent do not allow guests.
The survey polled 817 randomly selected SHRM members throughout the United States. For more surveys/poll findings, visit shrm.org/surveys. Follow SHRM Research on Twitter @SHRM_Research.
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About the Society for Human Resource Management
The Society for Human Resource Management (SHRM) is the world’s largest association devoted to human resource management. Representing about 260,000 members in more than 140 countries, the Society serves the needs of HR professionals and advances the interests of the HR profession. Founded in 1948, SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China, India and the United Arab Emirates. Visit SHRM Online at www.shrm.org and follow us on Twitter @SHRMPress.