This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Here's a Toast to Those Working on Christmas

PORTLAND, Ore. (TheStreet) -- When Christmas falls right in the middle of the week, those working on the holiday might just be more productive than those taking the holiday off.

A survey by the Workforce Institute at Kronos and Harris Interactive conducted last year suggested that working on the holiday not only isn't rare, but is fairly ordinary for many Americans. Roughly 38% of all full-time workers took off on Christmas Eve last year, while 26% of full-time workers said their workplaces were closed for the entire span between Christmas and New Year's Day.

That's been changing rapidly since the end of the recession, when only 14% of people took Christmas Eve off in 2007. Granted, 32% of people took the entire time between Christmas and New Year's off that year, compared with just 18% last year, but even a modest, sputtering economic recovery makes a whole lot more work for everybody.

The Kronos survey found that despite all the time off, 68% of respondents said it was "business as usual" at their office. Meanwhile, 17% said December was their busiest time of year, while only 15% said their workplace was "a ghost town." Surveys of company executives by temporary staffing agency Accountemps regularly rank Tuesday as the most productive day of their employees workweek. That goes out the window when everyone is counting down the minutes until their day off, but that's where a willing holiday staff comes in.

There are few places where this is more true than the restaurant industry. Antonio Prontelli, the executive chef at Rock Center Cafe in the shadow of the Rockefeller Center Christmas Tree, recently gave Metro a step-by-step schedule of his Christmas day that includes getting up at 4:30 a.m., has an early Christmas morning with his kids, arrives at his restaurant at 6 a.m. and prepares food until 1 a.m. By the time he gets home, he's pulled a 22-hour day and fed 1,000 to 1,200 people. By contrast, refusing to work on Christmas resulted in a British chef's firing earlier this season.


1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%
TSLA $218.42 0.00%
YHOO $44.52 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs