Work culture: How does your company stack up
Any successful company understands the importance of creating a prominent workplace culture to attract and retain staff. More than this, they understand how it is not just the bottom line in business which affects one’s success, but rather the people who helped get you there.
With remote work becoming more common than ever before, and a higher level of companies seeking new talent, we have to ask – what constitutes a strong workplace culture?
What is company culture, and why is it so important?
When we discuss company culture, we are talking about the attitudes and behaviours of a company and its employees. This can be broken down into a range of factors, such as assumptions, values, beliefs, working environments, company missions and leadership styles.
When an organisation maintains a successful company culture it sets the foundation for real, tangible business growth. This is because employees who feel connected to their employer are 75 times more likely to be engaged, according to research conducted by ADP Research Institute. High engagement usually reflects in higher results with less absenteeism, less turnover, less theft and higher overall performance.
This is crucial for any business, especially at a time when staff retention is at an all-time low. Creating an environment that embraces diversity, inclusion and acceptance is key to maintaining company culture.
Improving workplace culture
Throughout 2022 there have been consistent themes for improving workplace culture.
- Valuing employee recognition
- Benefits that matter
- Flexible working
- Mindfulness in the workplace
- Opportunities for Employee development
Improving employee recognition has quickly become one of the key strategies for increasing workplace culture. This is because those who feel appreciated and satisfied ultimately become more productive. Creating a workplace with room for rewards and recognition is key to driving engagement and satisfaction.
Flexible working schedules are also becoming increasingly popular in many workplaces, with up to 80% of employees preferring flexible working arrangements. When flexible working schedules are offered results such as higher employee job satisfaction levels, higher employee retention and reduction in turnover rates are achieved. This is due to the ability flexible schedules have to improve employee work-life balance, while minimising the chances of burnout and unproductively.
When referring to mindfulness in the workplace we are discussing spaces which are free of judgement, and open to enabling mental agility, resilience and self-awareness. Results often see an increase in productivity through a decrease in stress as employees are encouraged to explore their feelings and thoughts in an accepting environment.
If you are looking to attract high-talent employees, we can help. We are passionate about providing the best service to candidates and clients. Contact us to get started.