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The Etceterist | 12/04/2008 11:30 am

The Down Index

What’s all this talk about canceling holiday parties? ‘Tis the season to remember why God created the Ritz cracker
By Billy Norwich

Of course, here I go spending your money for you, but I am really suspicious about all these corporations canceling their annual holiday parties. In some cases, it is legitimate need. In most cases, here go a bunch of suits only caring how they are perceived — as politically correct in the eyes of their stockholders — not how middle to lower employees feel. Boughs of self-centered fear is the fashion these days, instead of the mistletoe of magnanimous, those acts of kindness and courtesy that are the markers of great style.

Don’t let a ruined Wall Street ruin your holiday plans and steal your Christmas. They robbed you of your 401ks, so basta! Give your party. A piece of cheese, a Ritz cracker … popcorn is the new caviar, folks! The secret of entertaining? It’s connection, not cost. (Some tips to follow.) Believe me, behind closed doors on December 25, it is still all ice cream and lollipops for these high-finance creeps.

What I want to know is what went on at these corporate parties given by the Masters of the Universe that cost so much or were so intricately grand that a company like ABC News, with all those creative minds, can’t figure out how to affordably gather all the secretaries and assistants, and the bedraggled low- to middle-level employees for a cheerful hour of morale boosting? Let them know they are appreciated. Give them a reason to get gussied up that day at home and impress the kids. Tradition? TRADITION!  “Corporate parties remain a way to assure employees of their job security and offer an opportunity to cut loose,” says BizBash.com.

But instead of hunkering down and finding the chic in thrift — which, I guess, although here too I am suspicious of her motives, is what Oprah was doing on her “Favorite Things” show telling her audience how to spread holiday cheer without breaking the bank instead of, as in Christmases past, rewarding them with big-ticket items like LCD television — suddenly the PJS (Private Jet Set) is getting all pious on your behalf. Easy for Oprah, she can afford an LCD TV — but you can’t! Only rich people tell poor people to save money and call it “social work.”

Corporate narcissism disguised in a suit of sackcloth, misguided political correctness … are some rich people using this financial crisis to be cheap? Finally, the chance they have been waiting for! They can fire a few people, or 50,000.

I was sitting in Swifty’s restaurant at lunch on Monday waiting for a friend when I overheard how one of the Blackstone Group grandees just that morning canceled his annual holiday dinner at the restaurant. Didn’t think it looked right “if the press found out.” Oh, please. We know you’re still eating! Give your parties. Keep the florists, the chefs, the waiters, the restaurants, the dressmakers, the limo drivers in hot and cold running work! Just cancel the ice sculpture and caviar and replace with, hmm, carnations and popcorn, iTunes instead of Rod Stewart. But, you see, these people don’t know how to entertain without an ice sculpture, caviar and Rod Stewart — just as it will take them generations to ever understand wicker. Gracious living has very little to do with money but everything to do with finding solutions.

Meanwhile, downtown, for years the hippest holiday party was the gathering Marc Jacobs gave for employees and their friends — utter fun, divine madness, artists, models, your favorite drag queens. “Due to the financial climate,” said a company exec, “I had to make the decision to cancel the 2008 holiday party … it pains me … a Marc Jacobs tradition for 18 years. Hopefully it will be reinstated next year.”

11 Reader Comments (so far…) Sign In or Register to comment

Ms. Dee
I love you, Billy Norwich. No pressure. I just do. Stingy is just greed turned inside out. But I’m really glad to hear the good news about POPCORN! It’s also a fairly good intestinal anit-oxident…isn’t it?
By Ms. Dee on 12/04/2008 12:14 pm
Belinda Joy
Billy, great article. I for one LOVE business holiday parties. The excitement that comes with choosing just the right dress…perfect shoes, and of course the anticipating of seeing co-workers outside their usual personas……priceless! The glee I find in seeing the usual stuffy assistant, loud and drunk off of one glass of champagne. Or the executive that is married, but somehow forgets this by way of flirting with that busty secretary from the 7th floor….oh the stories that unfold following holiday parties. I love them. I work for a firm that is too small to warrant the type of parties I have become accustomed to over the years. Lately all I can hope for is to be the date of some lucky guy (I’m so vain) and live vicariously through their eyes and their office colleagues. Even then, it’s still a hoot.
By Belinda Joy on 12/04/2008 12:21 pm
Ms. Dee
And let’s not forget about Jello. Another lovely treat. You can’t sculpt it, but it makes a lovely mold. In fact, my little holiday desert idea…1 can of pineapple chunks and one can of whole berry cranberry sauce. Blend together and refrigerate. Take one container of jello from a pack of sugar-free low-calorie jello (red or green or yellow), hold it upside down over a small bowl.till it plops out in the middle, then spoon the chilled mixture around it.the base of the jello. If you’re good with the whipped cream, you can make it look like a Christmas tree by squirting a little “peak” on top of the jello. If you’re not lazy like me, you could make the jello from scratch and stir in some ornamental fruit cocktail before you pour it into molds. But either way, the chilled cranberry- pineapple sauce is very tasty. You could pass the whipped cream around the table, so people could “add that to taste…”.t….or skip the whipped cream altogether..
By Ms. Dee on 12/04/2008 12:51 pm
Lady Gator
We have a small business so each year we give our employees gift cards to their favorite restaurant. They seem to prefer this to a “Christmas Party”. Now they can take their “special other” out for a wonderful pre-Christmas dinner. Hummmmmm — wonder where AIG will have their Christmas Blast this year. Maybe at some VERY expensive resort? :)
By Lady Gator on 12/04/2008 2:23 pm
Lucinda Herbert
Lady Gator, I honestly did not have a problem with AIG’s off-site. It’s important to remember there were and are a great many departments at AIG that were and continue to be very profitable — and don’t we want those who have been doing their jobs well to continue to do their jobs well? . It should be noted that AIG spent $23,000.00 rewarding and training about 150 independent agents who had sold AIG coverage to high-end clients valued at over $200 million. It was an incentive — not a junket — and it was scheduled well in advance of this debacle. Incentives have been a staple of businesses forever. They are a great way to bring people together, form relationships, share ideas, and train them. What was most unfortunate was the timing of it. I would like to add that if I was on GM’s board I would have dressed down my CEO for even suggesting traveling to New York in an automobile. It is as ludicrous an idea as flying on a corporate jet. A CEO’s time is valuable and could be far better spent coming up with a strategy to bring the company back to profitablity. Purchasing a coach ticket on Northwest Airlines for approximately $450.00 would have made far more sense.
By Lucinda Herbert on 12/04/2008 5:49 pm
Lucinda Herbert
I completely understand your perspective, but you have to consider that AIG was still going to be charged. All their agents had bought their airline tickets, as well. It would have been a mess. I think they decided that if they were all going to be charged anyway, they might as well go ahead with their plans — and I’m sure they’ve kept their agents. I think it made sense; it was just incredibly poor timing — and resulted with poor press. What do you think of those automotive guys driving to NY? I think that was the height of stupidity!
By Lucinda Herbert on 12/05/2008 10:28 am
Lady Gator
Lucinda…..Sorry I’m just now getting back to you — had a meeting —- In regard to the automotive guys ——I sat and watched those hearings. And, when the ‘private jet’ question came up I thought it a ludicrous question on the part of the Senator (can’t remember who he was) . I really almost fell off the couch. It was akin to the ‘pot calling the ketle black’. In the back of my mind I was saying “And Senator, how did you get to work this morning”? He had a limo. (wouldn’t know how to ride the metro or how to buy a ticket) — also, never pays for his haircuts — never buys his own lunch — flys all over the country in private jets — bet he’s never flown on Northwest. He has a big pension and will retire with 96% of his salary, etc. etc. And, I’m paying for all of it — what a bozo! As for the Automotive industry — Maybe these guys should spend a few weeks with Toyoto or BMW and find out how they’ve managed to be profitable. Or maybe they should read Lee Iacocca’s book on how to make and keep an automotive company profitable. And, there was George Romney . Those guys knew how to turn a company around. But, driving to NY — naw, I’d have taken my private jet. That jet sitting on the ground is more expensive than flying that short distance. And, it would have stuck it in the ear of the idiot Senator. I have mixed feelings on an automotive bail-out I don’t know — maybe a loan with stiff interest pay back but not a total bail-out. Good lord who’s next — the airline industry — the department stores?
By Lady Gator on 12/05/2008 11:53 am
beverly linens
The bank pulled the plug on my son’s business. He was pro-active and went to talk to them when the news first came out so he has been trying to salvage things for longer than most, but all the efforts have gone for naught. They pulled the plug on a viable business and he will lay off half his workforce this friday. He is upset because they are still wanting a Christmas Party. He is struggling to make payroll, using his 401 k to do so. They have no idea how deep a hole he is digging just to keep the people he is. Christmas party’s seem like such a small sacrifice.
By beverly linens on 12/04/2008 6:03 pm
Dora M
Great subject, Christmas parties certainly seem like a small sacrifice in light of what your son is going through, Beverly, completely understandable. But I also think that the idea of maintaining Christmas spirit in times like these is very important. My business has been hit hard, we are struggling like we never have before just to try to stop the bleeding, never mind trying to actually make some money. And I have often resented the inane practice in my business to dole out lavish gifts to clients. I am a very generous person and I love giving, but when I WANT to give, not when I am forced to give. So this year my husband and I have decided that no clients get gifts, if that’s going to cause them to not give us their business then so be it. But we are definitely going to try to be as generous as we can to our employees (not like there is so many of them any more, we only have 6 left…), and more than that, I have been spending time trying to figure out how to make whatever gifts we give them as meaningful as possible. I really think this holiday season is about expressing the love and appreciation you have for the people that are most important in your life, maybe that doesn’t mean it has to be done lavishly but it does have to be done sincerely.
By Dora M on 12/04/2008 10:35 pm
Brooklyn Gal
I hear you about that Oprah audience. How do you not have a Favorites show and on top of that let this year’s audience feel screwed because Wall Street was greedy.
By Brooklyn Gal on 12/05/2008 12:28 am
J B
I don’t consider cancelling Christmas parties to be a major tragedy. When times are tough, Christmas is a “luxury”. I have never understood people going into debt for Christmas. So many people treat it like a job or something…”Oh, its Christmas! We “have” to do this! Even if we can’t afford it, we have to, because its Christmas!” I know when I worked for a large corporation, I resented attending the over the top Christmas party (it was mandatory) and seeing all of the money spent, when they had put a freeze on pay raises and wiped out our Christmas bonus. I found it almost repulsive to see the amount of money spent and in my opinion WASTED on the party. I would have preferred to have that money in a pay raise or a Christmas bonus. Cancelled Christmas parties? Boo Freakin Hoo.
By J B on 12/08/2008 10:17 am