TITLE

UK organisations give Christmas the cold turkey

PUB. DATE
January 2004
SOURCE
Management Services;Jan2004, Vol. 48 Issue 1, p4
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents information on the failure of companies in Great Britain to reward their staff during Christmas, according to a survey conducted by the Chartered Management Institute. Despite this, employees are showing camaraderie by creating their own festive cheer. The research reveals that despite expectations, almost 80 per cent of organizations no longer give a Christmas bonus and more than half require staff to work during the festive period. This lack of merriment appears to be a growing trend, as twelve months ago almost 90% of the managers questioned said that their organization provides a Christmas party, compared to just two-thirds in 2003. Of those companies willing to host festivities, 65% demand that staff contribute to the events. The research also shows that organizations fear business will suffer during the run up to Christmas because of a tendency to party. Amongst those organizations that do not give staff extra holidays at this time of year, employees are more likely to try and create seasonal goodwill. Within the services and public sectors, 26% and 31% of managers, respectively, are likely to buy presents for their colleagues.
ACCESSION #
11834804

 

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