, recently announcing massive layoffs, the tech sector is planning far fewer festivities. Only about a quarter of tech firms plan to have in-person holiday parties this year, according to the Challenger report.
As companies try to attract and retain employees, experts say end-of-year parties that show appreciation for workers can go a long way. Many companies"are still trying to hire and so they're investing in their people by having parties like this," adds Challenger.Of the firms having parties this year, about 70% are planning catered affairs, and nearly two-thirds will serve alcohol, according to the Challenger survey.
It may be easier to connect with colleagues at this year's holiday party as companies are reimaging it as a smaller, team-only gathering focused on bonding. Instead of the traditional"drinking and dancing" soiree, they're adding activities —"things like a scavenger hunt or an escape room or an experience," said Julie Kratz, founder and CEO of Next Pivot Point, a leadership-training organization that works with companies to promote diversity, equity, and inclusion.
It was time for the holiday party to go away. Let's hope it doesn't come.
Here are the issues many people are running into. A lot of people, especially younger people, enjoy the virtual world, remote work, and don't necessarily enjoy being around a lot of people or people at all. If the new way is just as good, why do we need to go backward?
Office holiday parties? Might as well have a mass funeral right afterwards! Please get your eighth booster shot asap!
This a news story for CNBC. Give me a break.
Only in liberal states
We're on a decline again, but the flu still hangs You need to pay attention to your immunity. We are considering taking off the mask indoors as well
Think it should be a secret Santa most cards with gift card in them. Why spend the money on a party when they can use it for new equipment or pay rises
We need to bring back the office parties that actually ruined careers
It will
If it doesn’t, Donna will be drinking a lot of 2 liter Dr. Pepper
Another reason to drink, yeahh!