With only 2 days to go till the advent calendar doors are opened, companies are reconsidering their generosity this Christmas. A recent article in Fresh Business Thinking revealed that many companies are questioning the value of Christmas gifts due to monetary cut backs, political restraints and tax pressures.

Gone are the days of the early 2000’s when the motto of ‘If you are going to do it, do it well’ rang through the ears of Senior Managers. The lavish hampers, decadent bottles of bubbly and sizeable bonuses which so many became accustomed to are all a thing of the past. Fresh Business thinking stated that ‘you are lucky if your Christmas party is still standing’ as 48% of small to medium sized businesses are not planning a 2011 Christmas party and 91 % have admitted to spending the same or less than last year. [Read more...]