Tuesday, December 4, 2012

Parties Are Back

Here's an indicator showing that the economy may be getting stronger: The holiday party is coming back this year. Last year, just 74 percent of all companies had a holiday party, which was the lowest figure that the executive search firm Battalia Winston had seen in 24 years. But among the companies surveyed, 91 percent say they will have a holiday party this year.

The news is not as good for smaller companies, though. The staffing company Robert Half asked more than a thousand senior managers with companies that had as few as 20 workers if they had plans for a holiday party  this year. More than half said no.

But maybe it's just as well. The same survey asked both managers and office workers if they actually enjoyed their companies' holiday parties. And 79 percent of the managers - as well as 75 percent of the employees - said they'd just as soon go home.

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