the most important thing that keeps employee retention is the workplace culture, we don’t just mean physical culture but there are a lot of items under this definition, such as communication between the team members, leadership. in this blog post, we are going to take a look at what is great culture look like and take examples of companies that have a great workplace culture,and we will give you a guide to start your Own
let’s get started :
What is workplace culture?
Workplace culture is the overall character of the business. Often unique to the organization, workplace culture can include elements such as the business’s values, beliefs, behaviors, goals, attitudes, and work practices.
Ideally, businesses want to create a culture that is viewed as positive. A company could accomplish this by focusing on innovation, flexibility, or empowerment.
work culture can be broken down into 6 core elements:
- Employee Sense of Purpose
- Opportunity
- Success
- Appreciation
- Wellbeing
- Leadership
An employee’s positive or negative experience within each of these elements affects your firm’s overall culture. This matters. According to a Columbia University study, the job turnover rate in a business with rich corporate culture is 13.9% compared to a 48.4% rate in a firm with poor company culture.
Why Does Culture Matter?
A rich corporate culture results in the following:
- Higher employee engagement
- Better productivity
- More innovation and creativity
- Less employee turnover
- Increased brand identity
- Higher revenue
How to Create Company Culture:
People in leadership positions within the company play an extremely important role in developing productive, healthy company culture. Great leaders have a thorough understanding of the importance of shaping a company culture that steadily evolves and flourishes and that also easily adapts and modifies its characteristics whenever it is necessary.
How can leaders build cultures of empowerment?
A recent report from Achievers and the Workforce Institute examining job crafting identified three ways in which individuals can improve their own employee experience, as well as how employers can help foster strong cultures that support those efforts:
- Improving role fit. Employees should be encouraged to focus on the work they’re most passionate about and where they feel they provide the most value.
- Establishing connections in the workplace. Employee experience is greatly affected by day-to-day relationships, and that’s why it’s important to give employees opportunities to strengthen those relationships through workplace celebrations, the establishment of social gathering spots around the office space, team building activities, and interactive wellness challenges.
- Connecting roles to purpose
Do employees know if their contributions to the business are meaningful? Employers must develop a culture that reinforces the important role each employee plays within their organization.
What Impacts Culture in the Workplace?
Actually, they are many factors that impact workplace culture those factors include:
- Leadership
The way your leaders communicate and interact with employees, how they make decisions, are the employees fell included or not is one of the most things that impact workplace culture
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- Management
How your organization is managed—its systems, procedures, structure, hierarchy, controls, and goals. The degree to which managers empower employees to make decisions, support and interact with them, and act consistently
3.Communications:
The manner in which communication occurs in your workplace. Importantly, the degree, type, and frequency of interaction and communication between leaders and employees, and managers and employees.
Examples of Companies With Fantastic Cultures:
- Squarespace
This successful startup is regularly voted as one of the best places to work in New York City. Its company culture is one that is “flat, open, and creative.” A flat organization is one where there are no (or very few) levels of management between staff and executives. This approach is more common among startups
Takeaway: Employees feel their voices can be heard when they aren’t muffled under layers of management. This level of freedom and empowerment creates confident employees and improves morale.
2. Adobe
Adobe is a company that goes out of its way to give employees challenging projects and then provide the trust and support to help them meet those challenges successfully. While it offers benefits and perks like any modern creative company, Adobe’s is a culture that avoids micromanaging in favor of trusting employees to do their best.
3.249Startups
249Startups give their employees the authority and ownership to do their tasks, which enables them to be creative and remove restricts, the enjoyable workplace culture that makes you feels home and the type of communication between staff members, also all employees gather on a daily basis to have lunch together wich create kind of strong bonds and great relationship.
Resources:
- https://hbr.org/2020/04/build-a-culture-that-aligns-with-peoples-values
- https://www.forbes.com/sites/chuckcohn/2014/10/17/how-to-create-and-maintain-a-workplace-culture-that-will-make-your-company-thrive/?sh=2ca7b73f4091
- https://studyonline.rmit.edu.au/blog/positive-workplace-culture
- https://www.upcounsel.com/organizational-culture-definition
- https://www.vunela.com/why-corporate-culture-matters/