NEW YORK (AP) — Buddy DiFonzo isn't sure what he'll buy at his company's holiday party. That's right, what he'll buy — the celebration, a company-sponsored shopping spree, will be at an upscale Dallas mall.

The six employees of consulting firm Idea Harvest will meet at NorthPark Center next week. The bosses will buy lunch, then hand each staffer an envelope with $200 to $300. One crucial requirement: Staffers must spend every penny on themselves.

"This is fantastic for morale and employees look forward to opening those envelopes for weeks," CEO Mike Solow says. "I hear people talking about it at lunch. It's awesome."

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.