Companies to spend 142% more on employees this Christmas

• Employers spend 142% more on Christmas parties than any other work event. 

• Companies spend an average of £58 per employee on Christmas celebrations. 

• Escape rooms the most popular Christmas party activity. 

• Thursday revealed as the most popular Christmas party day, while Monday is the least popular.

• Media, advertising and investment banking are the most generous employers. 

Remote workers are set for a very merry Christmas as employers gear up to spend a whopping 142% more on their festive celebrations, according to a study by Avva Experience.

The corporate experience company analysed data from over 200 companies, which revealed an average Christmas party budget of £58 per person, compared to £24 on employee events held earlier in the year.

The study also showed Thursday is the most popular day for virtual Christmas parties, with nearly 30% of events taking place on this day. Whilst Mondays were the least popular weekday.

Interestingly, escape rooms and virtual challenges are the most-loved Christmas party activities, with 35% of companies preferring this over activities like cocktail making and wine tasting.

Media, advertising, and investment banking industries were the biggest spenders – with average budgets of £75, £70, and £63 per person, respectively.

Avva Experience CEO and co-founder, Barnaby Sellers, said: “Virtual Christmas parties are a great way for companies to show their appreciation for their employees and celebrate the holiday season. This data highlights the importance companies place on boosting employee morale and celebrating achievements which is really encouraging. As remote working continues to be the norm, and companies seek to bring together geographically dispersed teams, virtual events and experiences are becoming increasingly popular.”

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About Avaa Experience

Founded in 2018 by Barnaby Sellers and Chris Smith, Avva Experience provides hundreds of virtual and hybrid events and experiences for companies looking to engage their remote teams and communities.