British workers will still be able to enjoy a Christmas get-together this year, even though firms are concerned about the growing threat of recession, according to a new survey.
The Chartered Institute of Personnel and Development's (CIPD's) Annual Reward Management Survey found the majority of UK companies still appreciate the ethos behind the staff festive bash.
Some 60 per cent of responding companies said they would be putting on a party for staff and the report goes on to detail the benefits they get from this.
Charles Cotton, CIPD reward advisor, said many companies recognised and were keen to celebrate the achievements of their staff at the end of the year.
He added the bosses of small businesses appeared to be more willing to engage in seasonal festivities than larger corporations.
In addition, the report revealed private services sector companies come top of the league for planning celebrations (77 per cent).
This compares to 51 per cent of the voluntary sector and only 24 per cent of public sector organisations.
Mr Cotton said: ""As reward becomes ever more individual, the Christmas party is one way of reminding staff that they are part of a common endeavour."
Recently, Sheila Sheldon, director of European operations at Michael C Fina, commented employers sometimes fail to understand employees could be more productive and perform better if they felt valued by management.
In addition, a recent 2008 Employee Retention Survey, by consultancy TalentDrain, found human resources experts thought a main staff turnover driver was a lack of teamwork.
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