Increase holiday party budget to $100
While discussing holiday party accommodations for the Atlanta GitLab team members, we've investigated a couple of options for the party. None of them came at/under budget for the current allowance. The team has grown significantly and accommodations for ~30 could be reasonably covered with $100 per person.
The Denver team reported similar challenges around planning their holiday event.
Current allowance is covered under Spending Company Money section of the handbook
Year-end Holiday Party Budget: $50 USD per GitLab team-member for a holiday in November, December, or January. We encourage GitLab team-members to self organize holiday parties with those close by.
Financial Impact
$50 extra per team member for 2019 would mean an extra $50k and a continuing $50/team member per year minus the % of folks who don't use the benefit.
An increase to $100 per GitLab team member would be an estimate of ~$115-130k based on the team size around Jan 2020 and 100% usage of the benefit. In 2018 ~15% of the company took advantage of the holiday allowance, if this trend were to continue the net cost would be ~$19,500 with team size around Jan 2020.