We’re living in an era in which employees are more selective about where they work and how long they choose to stay with a company. Some companies are seeing much more success retaining talented team members than others. The reason? Company culture plays a significant role. Although employees are driven by comfortable salaries and attractive benefits packages, they also seek a stronger connection to their workplace. That comes from company culture, which is what creates the daily experience they have when they’re at work. Company culture is defined through several different components, including the following.
Does your company maintain a managerial hierarchy or does it emphasize teams and parallel job roles? There’s not necessarily a right or wrong way to structure your managerial team. In some companies, it makes more sense to have clearly defined leadership roles. Whatever the choice, any type of managerial structure contributes to your company culture and work environment.
Another key component of workplace culture is how an organization treats its employees. Are tasks rigidly monitored, or are employees allowed a certain degree of independence and self-accountability? Does the organization recognize employee achievements? If so, how do they do it? Additionally, it is important to think about how company decisions are made. Some companies emphasize a town hall approach with brainstorming sessions and planning meetings, while others maintain a top-down decision-making approach.
Communication not only refers to the ways in which employees communicate about work-related topics, but also how open a company is in terms of friendly, personal conversations. Employees tend to better connect with companies that facilitate more open communication, showcasing an interest in employees on a personal level.
A company’s mission is another contributor to company culture. Companies with a strong mission tend to perform better than those without one; that may be because a strong mission can give employees a greater sense of purpose in their daily tasks. It’s essential to think about your organization’s goals beyond sales targets and profits. What footprint does your company strive to leave?
If you’ve struggled to identify the pillars of your company culture or you are looking to redefine your organization for stronger employee engagement, Crosworks can help. We provide programs for organizations of all sizes to maximize their talent and meet their full potential. Schedule an appointment with one of our strategists today to see how we can help your company thrive.