Companies failing to show Xmas spirit

Companies failing to show Xmas spirit

UK companies are showing virtually no Christmas spirit this season, with hardly any awarding a Christmas bonus and some even resorting to making staff pay for their own Christmas party.

Link: For and Against – Christmas party? I think not

Such has been the poor response from employers, that employees have been forced to create their own festive cheer, a survey put out by the Chartered Management Institute found.

Its research found that 80% of companies no longer give an end of year bonus, while more than half require staff to work during the festive period.

Each year it seems the Christmas spirit is further eroded – last year 90% of managers said they would provide a Christmas party, this year just two-thirds made a similar promise.

‘Christmas may only come once a year, but it is a regular event which should be planned for,’ said Karen Charlesworth, head of research at the institute.

‘Rather than bemoan potential disruption, organisations should make provisions and consider the long-term benefit of showing appreciation to their staff.’

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article