Corporates keener to teambuild after-hours

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Corporates are choosing to hold events in employees’ spare time to maximise the working week, according to bookings held by teambuilding company, Venturi’s Table. The cookery-based corporate events centre reports that 23 per cent of corporate events held between October 2009 and February 2010 took place at the weekend. This compares to six per cent for 2007. “I was extremely lucky not to be made redundant by my employer last year,” says banker Tom Gale, who attended an ‘out of hours’ client event at Venturi’s Table. “Many of my colleagues were laid off and are still looking for work. I am now aware that no job is totally secure so I don’t want to complain about having less spare time because of work.” Less than 41 per cent (compared to 64 per cent in 2007) of corporate events at the centre this winter took place within the traditional working hours of 9-5pm Monday to Friday. Of the 36 per cent of events taking place Monday to Friday, but outside of nine to five working hours, one in three were organised to begin at 7pm or later. The bookings also show that the sectors more likely to opt for an ‘out of hours’ event are banking, advertising, PR, pharmaceutical and IT and media. Larger companies were also more likely to hold their events outside of usual working hours than small- to medium-sized businesses. “Redundancy and business collapse during the recession put immediate pressure on those who lost their jobs and its threat left the employed feeling vulnerable and compelled to work even harder and longer,” says MD at Venturi’s Table, Anna Venturi.
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