Saturday, April 12, 2008

Party Time!

Y'day, we received yet another 'Party Time!' invitation mail for the next quarterly party scheduled on 16th of April. This will be the 4th time D.E.Shaw India is throwing an extravagant party in less than a year. That makes me think and 'research' why do companies throw parties ? From a company perspective, it shall serve well to show appreciation for its employees' efforts in some merry-making manner (Work Hard >> Party Harder :D ) ; and to celebrate together in a social rather than business atmosphere. This goes a long way towards making employees feel valued and helps them bond with one another, a good step towards team-building and improving morale. Also, Party time with co-workers can be fun, and a great opportunity to network and rub shoulders with those higher up on the career ladder. Company parties are a break from the day-to-day routines of work and can be a welcome relief - or a real stress inducer. Here at D.E.Shaw n Co, we generally have company parties at the beginning of every quarter where they declare results for the previous quarter. Plus the grand annual party, on THE day when they declare promotions and salary hikes and bonus pay outs :) . During my 'research', I stumbled across an article on the net saying "Dancing with D.E.Shaw".