CORPORATE CULTURE
Corporate culture or you can say work culture is the most prominent topic of the corporate world. To run a successful business one must have to focus on cultivating positive and enthusiastic corporate culture.
Before you work on fertilizing corporate culture for your successful business, let’s understand what corporate culture is? Corporate culture is a coalescence of personalities, behavior, beliefs, communication, attitude, policies, rules, stability, consistency & decorum.
Stimulating work culture is incomplete without proper rules & regulations within the organization. A healthy corporate culture must be predisposition & micro-management free,
Micro-management should only take place when it helps the staff steer towards their growth and the company’s growth. In work culture, anti-intellectual must not have any place. One must focus on developing a culture where people willingly get forced to longing for work, growth & development.
Company culture can be one of the biggest lead-foot for employee motivation, engagement, well-being, and productivity. Consequently, culture has a direct impact on the most important KPIs in human resources departments, such as employee attraction and employee retention.
So to build a strong empire you have to build a healthy and strong work culture
Living a luxurious lifestyle has become everyone’s priority. People have become fond of getting attractive and non-pressured lifestyles.
This wish of getting more has also reached in the corporate world, earlier where people used to earn for survival and would stay for long and long in the same company despite of no benefit or less benefit, contrary, nowadays, people won’t believe in compromising and adjusting.
Everyone wants a luxurious lifestyle not only in their personal life but also in their professional life.
Now, how is all this connected to corporate/work culture?
Half of the employee crowd wants a culture with positivity, flexibility, and an output base. People run of rigid and restrained environment and avoid to falling into such environment. Since corporate culture is the root of successful business hence, it has become significant to have strong and healthy corporate culture for employee and employer both.
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Here are some tips that can help in building the strong corporate culture.
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As employee enjoy more non-monetary benefits like extra time off, shift time flexibility & experiential rewards. Employees seek work-life balance and attractive benefits, with lucrative salary.
With this employee expect trustworthy environment, where they should not feel that they are being doubted, nevertheless they are performing and completing the task.
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Likewise, employer should not get the vibes and feeling that are being cheated in spite of giving all the required benefits and fulfilling necessity of their employees.
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So, with adding benefits for the employees ensure to create the performance platform for the assessment of each department to avoid negativity and doubts in the culture.
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2. Work Life Balance
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Time is precious than money, employee spend most of their time in office than they spend at home. In such situation it is prominent to provide them facilities which not only can balance their work life but also can be beneficial for the growth of the company.
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To create this company should focus on cultivating the policies that defines the flexibility rules to be followed to get this.
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3.Focus on Demographic values
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While designing your employee benefits program, you must approach it with a certain degree of nuance. Since you are likely to have employees from various demographics working at your company, their pain points, preferences, personalities, and priorities may differ.
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Such differences should be considered while designing the employee benefits program. Usually, there are four generations in the workforce. Each of them values different things and has a different set of expectations from employers. Understanding how these generations approach the workplace can help you retain the best talent from each group and attract new talent.
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4. Gen Z or Newbie policies
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For newbie or Gen z I mean to focus on those who are new in the industry and joining as trainee and intern. We must set healthy work culture for them too. They are primarily focused on learning and gaining experience.
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When we hire such manpower we spend lot of time & energy on them to train, therefore, retaining them should be in our priority list.
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Here is what you need to focus on for the Gen Z.
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·????????Set regular feedback sessions for them, keep in mind sessions should not be bothering for them.
·????????Training & Development plan
·????????Mentorship programs
·????????Avoiding Micromanagement
·????????Timely & fair recognition, appreciation and promotion.
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5 Giving a thought to Millennial
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One of the most critical attributes for millennial at the workplace is related to technology and innovation. Millennial are attracted to forward-thinking and tech-savvy companies.
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Thus, using the latest technology, being open to experimenting with new processes, strategies, etc., is essential to this employee group. It is also important to understand that the underlying essence of their needs also extends to other aspects at work, including workplace culture and organizational goals.
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6 Productivity measuring policies
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Ideology & methodology to evaluate the performance of employees must be implemented timely in the organization.
Better to set policies which help the company in assessing the performance of the employees quarterly. It will help employees to be aware in advance that they are responsible to show their performance for which automatically they will be steered in the direction of giving output through their work and skills.