Bar Humbug!

According to Peninsula Business Services/Employment Law christmas is cancelled this year – well at least in terms of office parties!

Peter Done, managing director of Peninsula, speaking to The Recruiter Magazine said: “The economic downturn has forced a lot of companies to cull their Christmas celebrations. With the economic conditions the way they are, firms just cannot warrant spending money on a Christmas party. These events represent a considerable cost to any firm, whether they employ five people or 50, and many employers consider this another process in tightening their belt and making their company more cost efficient. Firms who have been forced to make people redundant may also consider spending money on a Christmas party inappropriate, as well as detrimental to the streamlining plan they are implementing in their business.”

What are your thoughts? Is your firm holding a xmas party? Do they pay or do the employees pay?