Nearly 76% of companies plan to hold a holiday party this year, the highest percentage since 2016, when 80% planned festivities, according to survey results released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

According to the annual survey on holiday party plans, conducted in November among 250 human resources representatives across the country, of those planning parties, nearly 7% are having a party after one year or more of not having one.

The 76% of companies planning to hold parties is up over 10% from the 65.4% who planned parties last year. Nearly 14% of companies reported they never hold company parties, down significantly from the 27% who reported this last year. Over 10% reported they are not holding a party this year for various reasons.

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