Christmas Parties – What would you prefer?

There’s been a bit of coverage last week (here and here for example) where 79% of firms in a survey will be trying to avoid having a Christmas Party in order to save costs.

Given everything that’s going on in the world of finance at the moment, it’s hardly surprising that this is being considered by firms.

But the coverage in the papers is a bit severe:

Most firms playing Scrooge over Christmas parties this year

Scrooged: Mean bosses put the boot in

Many employers have had to take an Ebenezer Scrooge-style approach to Christmas spending this year and deny staff a night out.

Ebenezer Scrooge is alive and well in the workplace as Irish bosses blame the economic downturn and cancel their Christmas party

And not a tabloid quote in that juicy set from last week.

I appreciate that there are team bonding aspects to such Christmas nights out, but it’s likely that teams will organise their own nights out anyway without blowing big wads of cash on a big night out.

What are your thoughts? I know that if the choice was up to me, I’d much prefer a little extra cash each month during the year rather than getting a free night out at the end of the year.

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