It may not be happening in the present economic slowdown, where every kind of cost cutting and austerity measures are being introduced, in order to save as possible and to avoid unnecessary expenditure, mainly in the corporate offices and other organizations.   Situations were entirely different in the good old days when economy was literally booming.

Those days it was very common to celebrate every small event in the offices too.  Employees would treat each other to parties for events like birthday, promotions, marriage anniversaries, engagements, weddings and child births etc.  Every one would partake of another person’s happiness.  When employees would celebrate every small event in a big way, the office management too would have its own style of giving mementoes to employees.  When the company’s anniversary would arrive, the management would generously offer anniversary gifts to all its employees in he form of incentives, compliments or gift coupons, or anything of reasonable value.  This used to serve as a motivating factor for the employees to serve better and this could also go a long way in ensuring good profits for the company.  It is not known whether the present day companies are still continuing with this practice to ensure good performance from the staff members.