Your local news source ::
      Select a community or newspaper »


jobs media kit advertising info restaurant reviews eating in roger ebert obits yellow pages video blogs tv listings centerstage

Business
Columnists
 

Business :: printer friendly »   email article » AddThis Social Bookmark Button


VIDEO ::   MORE »

TOP STORIES ::
Bail set at $100,000 for dad charged with arson

West Dundee artist puts paintbrush to work

Kull guided Saints through adversity

No peace on earth: Holiday films go to battle

Sunset Acres farm family plows forward



FEATURED ADVERTISER ::
Wicked Tickets
Greaase Tickets
Concert Tickets
Police Tickets
White Sox Tickets

Company holiday parties become casualty of downturn

October 30, 2009

Looks like more employers are going to be party-poopers this holiday season.

A new survey by the Chicago outplacement firm Challenger, Gray & Christmas finds that the number of businesses planning holiday parties this year is sharply down from last year -- and that was down from the year before.

Sixty-two percent of employers responding to the survey said they'll host holiday parties this year -- down from 77 percent a year ago and 90 percent in 2007.

And nearly 30 percent of those that are holding parties say they're cutting back, the survey found, trimming their party budgets by 10 to 20 percent on average.

Francine Knowles