companies are holding holiday celebrations this year. According to Vault’s new

Company Holiday Party Survey, 75% of companies are having holiday parties, which

constitutes a 9% increase over last year.

Vault’s 2007 Company Holiday Party Survey was conducted in November, and consists

of responses from 310 employees representing various industries across the United

States.

In terms of employer spending, 18% of survey respondents said the company was

spending less than last year, while 13% said the company was spending more. Guests

this year are slightly less welcome; 65% of employees are allowed to bring someone to

the party, a 7% decrease from last year.

Regarding romance, 18% of respondents have witnessed co-worker hook-ups at the

holiday party. Some employees behave badly, as 15% of survey-takers said that a coworker

has been disciplined or fired for acting inappropriately at the party. Alcohol is

served at 75% of company holiday parties.

The company holiday party is a ritual that many enjoy, but 17% of respondents actually

dread the gathering, up 4% from last year. According to one, “I spend enough time with

these people … I'd rather watch TV.”

Vault is the leading media company focused on careers. Vault offers over 120 nationally

includes surveys and “insider” information on more than 4,500 employers, 4,000 colleges

and universities, and hundreds of industries and occupations, as well as the much-praised

Electronic WaterCooler™, the Internet’s first-ever network of message boards for

professionals with nearly 2,000,000 searchable posts. Vault was founded in 1996 by

Hussam Hamadeh, Samer Hamadeh and Mark Oldman.