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MISTLETOE AND WHINE: office workers prefer pennies to parties

MISTLETOE AND WHINE: office workers prefer pennies to parties

Nearly all office workers would opt for a cash lump sum over a Christmas party

As offices around the UK start decking the halls with tinsel and preparing for the annual & lsquo;Office Christmas Party’, leading recruitment consultancy Badenoch & Clark has found that most office workers would prefer a lump sum of extra cash this Christmas (94.7%), with only one in twenty (5.3%) preferring a night of mulled wine, mince pies and mischief.

Surprisingly, the survey of over a 1,000 office workers, found that it was the younger generation who would sacrifice their office celebration for more money in their pocket this year, with only one in thirty (2.9%) opting for a party. This was slightly higher for over 55’s with one in fifteen (6.3%) older workers keener to let their hair down.

Extra money in our pockets was not the only alternative to a Christmas party that office workers would prefer. Nine out of ten (90.1%) said they would prefer extra holiday and three quarters (75.2% and 73.1% respectively) would prefer a present or a chance to leave early over one night of celebrations.

Scottish employees and those in the North East do however buck the trend with a tenth (10.3% and 9.5% respectively) still keen to have a Christmas party rather than get a cash lump sum. However, those in Yorkshire are the most likely to want the extra money out of all the regions across the UK with nearly all (98.0%) opting for pennies over parties.

Nicola Linkleter, Managing Director of Badenoch & Clark said

“As excitement starts to build for the festive period, companies need to think about what is important to their staff. Though office parties are fun at this time of year and offer a way for employees to get together, in these troubled economic times pounds in the pocket appear more important than dancing to Noddy Holder tunes for one night.

“The Forum of Private Business recently suggested that more than half of small businesses are expected to do away with the annual festive party for staff and warned that this could alienating their workers – this idea further suggests that employers should discuss festive options with their staff – there could be a compromise made and a little bit of everything enjoyed.

“As we move into 2012, it is important that employers listen to their employees and take stock of the benefits they are offering - questioning if they are really as valued as once thought. In tighter times money off gym membership and events such as the Christmas party for instance might have dropped down the list of employee priorities.”

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