As the festive season approaches, UK workers face financial challenges yet continue to prioritize gifting co-workers.
- 63% of UK workers report increased stress due to holiday expenses, but 42% still plan to buy gifts for colleagues.
- 48% of employees hope for gifts from their managers, while 53% anticipate receiving a seasonal bonus.
- The festive season fosters workplace camaraderie, with 82% reporting increased team events and connection.
- Recognition programs are underutilized, yet 77% would use reward points for holiday gifts.
The festive season brings financial stress to UK workers, with 63% reporting increased strain due to holiday expenses. Despite these pressures, 42% of employees remain committed to purchasing gifts for their colleagues, demonstrating a strong culture of workplace gratitude and appreciation.
Expectations for gifts and bonuses from employers are notable; 48% of workers hope to receive gifts from their managers, and 53% are looking forward to a seasonal bonus. This highlights the important role of employer recognition during this time of year.
The festive season is a catalyst for enhanced workplace relationships, with 82% of employees acknowledging a rise in camaraderie and team-building events. Many view these end-of-year traditions as integral to their work experience.
Recognition within the workplace remains a significant factor, with 56% of respondents emphasizing end-of-year gratitude mainly through verbal thanks or physical gifts. Despite this, formal recognition programs are not widely adopted.
A large majority, 77% of UK employees, would use points from recognition programs to purchase holiday gifts, which could alleviate some financial stress. However, only 34% globally have access to such programs, indicating a missed opportunity for promoting workplace satisfaction and retention.
Financial pressures are significant, yet UK workers maintain a culture of appreciation, highlighting the need for broader adoption of recognition programs.
