There are many occasions that warrant a party at the office. The holidays are one of the best times for a party especially right before everyone takes an extended leave. It’s a good way to leave the office on a high note before returning strong once work resumes.

Also consider celebrating when the company achieves a major goal. This could be the success of a product launch, the acquiring of a generous investor or surpassing the sales quota. The achievement of a business milestone is always due to the diligent effort of every staff member, and the hard work should be acknowledged.

Company parties are also a good idea when there is a new CEO or manager. Often, when there is a new head honcho in the business, there are going to be whispers and concerns about how he or she interacts with the people below. The new CEO can host a welcome party to get to know the people he or she will be working with and to put their minds at ease.