To attract and retain top talent and keep your employees content, healthy company culture is crucial. Great company culture can boost certain metrics such as engagement, while also improving the workforce through activities such as individual recognition and team building. If you can create a culture that values your employees and leads them to value their employees in return, both your employees and your business will be able to thrive.
If you're wondering what makes for great company culture, the following are some of the core elements that factor into one.
Long Term Employees
Employees are far less likely to leave a company with a great workplace culture that enables them to grow. As they stay on for longer periods of time, your business will be able to reap the benefits of having long-term employees. Some of these advantages include additional institutional knowledge, more dedication to the company, and more familiarity with company procedures and preferences. The longer your employees stick around, the less you'll also need to worry about spending time and resources on recruiting and onboarding new employees.
High Levels of Engagement
Another advantage of healthy company culture is higher employee engagement. When an employee is engaged, this means that they will be invested in their work and bringing consistent results. If employees are actively invested in their work, they're likely happy with the culture they're a part of and want to contribute to it. They'll be more productive, dedicated to their job, and proactive in resolving potential issues either on an internal level or for customers. As a result, your business won't suffer from detached employees and a lack of productivity that might otherwise set you back.
Engaged employees will often be more eager to refer your business to friends and former colleagues based on their experience. They'll also be more willing to speak well of your company and their time there. Additionally, more engaged employees who do consistently good work are more likely to stick around for a longer time, giving you the benefits of long-term employees.
Recognizing individual employees for their achievements and efforts can contribute to engaging company culture. Through recognition activities such as presenting awards to select employees, you'll show that you truly value each employee on a personal level. Whether you present employees with an Employee of the Month plaque or trophies for different categories in a fun awards ceremony, there are several ways to approach this.
Employees want to know that they're appreciated and that their work is both acknowledged and worthy of a reward. If you can provide them with this recognition, your employees are likely going to be more engaged. Subsequently, you'll be encouraging employees to do even better and drive consistent results if they know their efforts won't go ignored.
Employees should always feel as though they can come to their supervisor with any problems. If supervisors seem abrasive and generally unapproachable, this could lead employees to avoid discussing issues, leaving them unaddressed until they develop into bigger problems. Inaccessible or difficult leaders can also make for more detached, concerned, and anxious employees, ultimately leading to less productivity and engagement.
On the other hand, if your leadership is amiable and easy to connect with for your employees, your staff will be able to function more efficiently and properly address any issues they discover. Make sure the leaders in your company are open to discussing important matters and make time for employees. This could entail having weekly or even daily meetings that give each employee the chance to discuss what's on their mind. You can also improve employee relations in your company through human resources consulting. With great leadership behind your business in addition to great employees, you'll be able to develop great company culture.
Like your employees, you can also recognize different leaders for their roles in helping the company grow. This can then encourage them to continue doing what they can to contribute to your company culture.
It's not enough to provide a stellar employee benefits package and security—people want to have room to grow. Employees who see clear opportunities for growth within the company are more likely to stay on with it. Otherwise, they may be tempted to leave in pursuit of better chances to develop their careers to avoid stagnation. If their experience with a company is bad enough, it can even lead employees to consider a complete career change.
Your employees should never feel like they're in a corner or dead end, with no room for personal and professional growth. There are plenty of ways for businesses to hire within the company and promote people to new positions. In doing so, you'll make sure employees feel like they have the ability to grow and that you value that growth. By offering plenty of chances for staff to grow, you'll be able to further develop a great workplace environment.
Gear Your Business for Success with a Great Workplace Culture
All of these aspects are integral to a great company culture that keeps employees both satisfied and productive. If everyone within your company receives the recognition they deserve and are allowed to thrive in an engaged workforce, your company will also thrive. As a business owner, you should take the necessary steps to create a culture that your employees love. From rewarding your employees and providing them with accessible leadership to encouraging employees to develop themselves and their teams, there are many ways to go about creating a healthy workplace culture. Because of these efforts, you'll be able to experience the success you've always wanted for your business.