Skimping on co-workers, splurging on themselves
71% of working professionals won’t buy a gift for a co-worker and most of those who will don’t plan to spend a lot.
How much will you spend on a co-worker’s gift?
Under $25: 79%
79% plan to spend under $25, while no one plans to spend over $100. The opposite is true for those self-gifting: 63% plan to spend over $100 on themselves. Among men who are planning to shop for themselves, 79% intend to splurge on a gift over $100. That’s a drastic contrast to the 53% of women who are planning to spend that much.
Most won’t buy their boss a gift
However, gifting to a higher-up isn’t as common this holiday season. In total, just 30% of business professionals plan to buy their boss a gift this year. That’s down drastically from last year’s Office Pulse study, in which 43% of employees planned to shop for their boss.
Men are less likely than women to get their boss a present, with 77% of them opposed to the idea compared to 66% of women. Of those who do plan to include the boss on their shopping list this year, 49% said the going rate for a present would be between $25 and $50.
Read the full article on Office Pulse.