Fostering Company Culture
Lucid Connect Ltd
Providers of top tech talent through tailored Executive Search and Permanent hiring.
Introduction
Studies have demonstrated that when employees sense they are part of a team, they will not only tend to perform more effectively, but also experience increased levels of engagement and well-being. However, our feeling of belonging at work has faced obstacles as we've transitioned away from in-person interactions. The experience of culture has become more subjective, how can leaders cultivate a stronger sense of belonging among employees?
This article covers the importance of company culture and its contribution to success of your business!
94% of entrepreneurs and 88% of job seekers say that a healthy culture at work is vital for success.
1. Engagement Levels and Motivation
Cultivating a positive workplace environment makes employees feel appreciated and heard at work. It makes the work experience more enjoyable and motivates them to excel, consequently improving how your business operates. Since 2022, more than 40% of workers divided their time between the office and home. For companies, this became a challenge, as many were unsure how to extend their culture to remote locations.
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To foster engagement and motivation in any work setting, employers must strive to build strong relationships with their employees, maintain open communication channels, and refine their company values.
2. Happy Employees = Happy Customers
Having a robust organisational culture can encourage employees to project a positive attitude toward customers. The completed task constitutes only half of client relations; the other half is how you make the clients feel. Possessing a strong business culture has a favourable outcome that carries over into client interactions.
3. Increased Retention
Both attracting and retaining employees go hand-in-hand when it comes to company culture. Over 80% of individuals cite organisational culture as one of the most crucial factors in their job-seeking decisions. Over 90% of respondents also admitted that they would leave their job if the company culture did not meet their expectations!
Conclusion
Perfecting your company culture ultimately comes down to balance. Knowing when to take action—and more crucially, knowing when to listen—can help you create a productive, engaging, and motivating workplace that other businesses aspire to emulate.