New research out today from lastminute.com reveals that almost 11 million working Brits are snubbing the recession by going ahead with their work Christmas parties. And while 23% of those admit their parties will be held ‘on a budget’, these parties will still pump £472,716,200 back into the economy.
Workers are pulling together in the spirit of Christmas, relying on office camaraderie to make sure the party goes off with a bang. 25% of workers having parties are contributing to the budget in some way, embracing the new BYOB (Bring Your Own Bubbly) for office toasts before heading out or sourcing entertainment from their own teams (boss by day, Disco Dave by night!), determined to make the most of the opportunity to celebrate Christmas with colleagues.
The lastminute.com Christmas Party team has seen a 34% rise in bookings on the same period last year, as office workers are increasingly taking the organisation into their own hands and getting the best deals early.
“The office Christmas Party is the social event of the year for many workers,” says Mark Bower, Lifestyle Expert at lastminute.com, “Our research has shown that nearly half the country’s Christmas party workforce think the office party is crucial for staff morale. After such a demanding year, it is great to see that the UK is mucking in to make sure the office festivities still go ahead.”
lastminute.com’s figures reveal:
– 40% of workers are definitely holding an office party this year
– One in six will be contributing to the budget
– 44% believe the Christmas party is crucial to boost morale
– 50% enjoy socialising with their colleagues at the Christmas party
– Only 12% enjoy the office gossip from the Christmas party
– 46% say the companies they work for will spend up to Pounds Sterling 50 per head
lastminute.com is also offering another reason for workers to take the lead on organising the Christmas Party – those that book through the site will be treated to a free meal for two in January 2010 at their chosen venue.
All figures, unless otherwise stated, are from YouGov Plc. Total sample size was 2026. Field work was undertaken between 30th and 2nd November 2009. The survey was carried out online. The figures have been weighted and are representative of all GB adults (aged 18+)
(1) 38% of workers said they would be having a Christmas party so 38% of 28,930, 000 (source: National Statistics) = 10, 993, 400 workers
(2) Average cost per head is Pounds Sterling £43 x 10, 993, 400 workers equals £472,716,200