Only 1 in 10 employees want their company to host a Christmas party this year, according to new research.
Once a staple of any office’s end-of-year calendar, the pandemic forced many firms to go virtual with their festivities, or abandon them entirely. And a new study from Blackhawk Network indicates that the traditional festive bash might never return to its former grander, with events of this year putting quite the dampener on employee desires for a Christmas party.
As the cost-of-living crisis continues and the UK heads into a recession, employees across industries are more financially conscious than they’ve possibly ever been before. Blackhawk Network’s research reveals that 97% of consumers across the EMEA region are concerned by cost-of-living pressures, with half (50%) citing fuel and utilities cost specifically. Couple this with the fact that employees will be starting to budget for the festive period, and its likely staff will be feeling the pinch more than usual. In fact, 75% of adults are not planning a “big celebration” for Christmas and 70% are cutting back on last year.
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We all know that hiring top talent is a huge challenge that all businesses are facing. However, many organisations are still blindly feeling their way through the process and hoping for the best. Utilising tech could be the answer, but even then, systems are often convoluted and confusing.
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