The Chartered Management Institute’s annual ‘Christmas Outlook’ survey reveals a decline in the number of organisations holding staff Christmas parties.

Although 66 per cent still plan to host events, the proportion has dropped for the second consecutive year and fallen from a height of 86 per cent, in 2002.

Another report this morning, focused on US-based firms indicates the trend “over the water” is similar.

Personally, I feel dropping the seasonal celebrations is misguided when the majority believe it helps to create a better working environment: Look after your people, but find more effective cost managment for your everyday business spend.

via Chartered Management Institute.