#MeToo May Be Curbing Corporate Holiday Parties, Survey Shows
Only 65 percent of companies are holding a holiday celebration this year -- the lowest percentage since 2009.
(Bloomberg) -- Business is going strong, but fewer U.S. companies are celebrating with holiday parties this year.
This may be the result of the #MeToo movement, which has highlighted sexual harassment and assault in the workplace, according to a survey released Tuesday by consulting firm Challenger, Gray & Christmas Inc. Only 65 percent of companies are holding a holiday celebration this year -- the lowest percentage since 2009, the study shows.
“The number could be due to several factors, including potential liability following the #MeToo movement,” said Andrew Challenger, vice president of the firm. “HR departments nationwide are responding to this particular issue.”
Economic conditions aren’t part of the equation, according to Challenger. “Companies are sitting on tax savings and generally report a thriving economy,” he said.
Another reason for the drop in holiday events, the study shows, is a rise in employees that work remotely, which can make the logistics of a gathering more difficult.
Challenger, Gray & Christmas surveyed 150 human resources representatives across the U.S. in October.
--With assistance from Jeff Green.
To contact the reporter on this story: Leslie Patton in Chicago at lpatton5@bloomberg.net
To contact the editors responsible for this story: Anne Riley Moffat at ariley17@bloomberg.net, Jonathan Roeder, Lisa Wolfson
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