Company holiday parties are not only a strong way to bring cheer to employees, they are a way to help them get ahead, according to survey of professionals by Korn Ferry.
Two-thirds (66%) of respondents say networking at holiday parties helps them get ahead in their career. Aside from getting ahead, 90% say the event creates a stronger culture in their organization.
The vast majority of respondents (83%) say they look forward to their holiday party. While more than one-third (36%) say their company is not hosting a holiday party this year, 77% say that if there is one, they will attend.
The survey also found 34% of respondents say their organization has found a way to incorporate employees who don’t work in the office into the holiday festivities, and 25% say their company will change the event to a more family-friendly time or venue.
Eighty-three percent believe the parties are a good use of budget and resources.
The survey was conducted in November and garnered 644 responses.