The answer is that they offer many benefits to the holder and the organization or company they belong to. Lanyards are most commonly worn around the neck, though some can be worn around the arm, wrist, or waist.
Some companies issue lanyards for a variety of reasons. A significant reason is security. For this reason, many companies need to pay more attention to the buying process, missing out on many advantages lanyards can provide. A personalised lanyard, in particular, can be very beneficial for a business and the wearer.