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Why would a company host a holiday party?

Hiring a magician, comedian or other entertainment for a company party goes far beyond the enjoyment that co-workers will experience on the day of the event. Companies that host special events for their workforce realize there are so many hidden benefits – and that starts with team building.

Getting together and celebrating as a group brings everybody closer and makes them feel like more of a team. It’s a rare chance for co-workers to get to know each other as humans in a stress-free, positive environment, free from the troubles back at the office. After the company event, when they return to their job, employees may find it easier to communicate with each other, resulting in a friendlier and more efficient workplace. 

Perhaps one of the most obvious benefits of hosting a company party is making everybody happier. Hosting a corporate event has the potential to increase productivity. It’s no surprise that when people are happier, there’s a chance they’re going to work a little harder, especially when they know that the company really does care about them and is willing to go the extra mile to show they are appreciated.

Improving well-being in the workplace undoubtedly leads to a happier and healthier workplace. After all, it’s tough to do great work if you’re unhappy and have a negative view of the company. On the other hand, if you’ve just had a great get-together with all your co-workers and shared some laughs while watching a fantastic live entertainer and enjoying a scrumptious meal, you’re likely going to be more motivated, and that’s going to overflow into the work you do for the company.

Another great benefit of hosting a company holiday party is boosting employee retention. It costs so much time and money for a company to find, interview, and hire new employees, so it makes sense that they’ll want to keep everyone around as long as possible. All-hands meetings and corporate special events show employees that the company truly cares about their happiness and well-being, and this alone may encourage them to stay with the company for the long haul.

In fact, hosting a company holiday party can even help with recruiting new employees, as those who have a great experience at their company holiday party will often tell their family and friends about the fun, and how great it is to work at the company. As the good news spreads, more and more people will discover the benefits of working for the company.

When it comes down to it, hosting a company party (including high-tech events like a virtual holiday party) is one of the most cost-effective ways a company can improve employee satisfaction, encourage communication, help co-workers feel like more of a team, boost productivity, multiply motivation, increase employee retention, and even help with recruiting.

Although a corporate holiday party may be a one-day event, companies that host events tend to reap the rewards for many years, as the company continues to grow with a happier, healthier, and more productive workforce.

But don’t take our word for it, have a look at the list of corporations that have hired Magician Sam Pearce to entertain employees at their company parties, and judge for yourself if these teams are on the right track 🙂