The Importance of Company Culture | Yvonne Scherz | Professional Overview
Cultivating company culture is essential in promoting the success of the business and retaining employees. A company’s culture is the culmination and effects of its core values and beliefs, goals, and ideals. These lofty values are conveyed to employees via benefits, leadership, work environment, social events, and much more. From the hours of business to the rewards for above and beyond work, a company’s culture can determine how long employees will work there and the quality of their work.
Here are just a few of the benefits of maintaining a positive and effective organizational company culture.
Better Retainment and Recruitment
A great boss and working environment can mean a lot more than an increased salary. More than half of polled workers say they’d choose the great boss over more money. While there are many job opportunities out there for the qualified, finding a company culture that suits an employee’s interests can be much harder to locate. The workplace should be a space for all qualified people, no matter race, gender, sexuality, etc. The company culture needs to be able to be adjusted and monitored as time passes to ensure it’s up-to-date with the world and its employees.
Prioritizing the employee and their connection and relationship with the company and its culture decreases the probability of turnover and increases beneficial hires in the future.
Increased Employee Engagement
An employee who is impassioned by the company is more likely to stand behind the cause and do better work. A positive and passionate culture influences employees more than their workspace, office, or available technology. Giving employees a cause to believe in and support makes them more engaged with their work and with each other as members of the same team. Engaging employees and valuing their experience also leads to increased productivity.
Being content in their work and company can bring out the best in employees, with satisfied employees being statistically more productive than those who are dissatisfied. A company needs to follows its values from the highest leadership to each and every office. Satisfied and content employees bring in several productivity and engagement benefits when they’re aligned with the company’s culture and beliefs.
Originally published at https://yvonnescherz.com on March 11, 2022.