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Companies Popping the Cork on Holiday Parties Again

By: Big 2 News Staff
Updated: December 19, 2011
Following several years of restrained (or non-existent) celebrations, the office party finally seems to be making a comeback.  
 
The economic downturn forced many businesses to scale back their office parties or to cancel them entirely over the past several years, but as the economy slowly stabilizes and business activity rebounds, we're seeing signs of resurgence in workplace celebrations. More people will be partying with their coworkers this year, and as the festivities ramp up, it's important to know how to maximize your fun without sacrificing your professional reputation in the process.
  
In a nationwide survey of 4,000 workers and 2,600 employers, CareerBuilder.com found that 58 percent of companies plan to throw a holiday party for their employees in 2011, up from 52 percent in 2010 and 49 percent in 2009.
 
Perks are also on an upswing this year, with 40 percent of employers planning to give their workers a holiday bonus, up from 33 percent in 2010. Fourteen percent expect to give a higher bonus than last year, 13 percent will give smaller bonuses and 73 percent will provide roughly the same amount. In addition, 30 percent of employers plan to give holiday gifts to their employees, up from 29 percent in 2010.
  
"Employers have been working hard to build back their businesses over the last year and this holiday season are planning to reward their biggest asset - their people - with a few holiday perks (bonuses, parties, gifts)," Rosemary Haefner, CareerBuilder's vice president of human resources, said in an announcement of the results.

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