Why is focusing on workplace culture a good investment?
Often times in the workplace it’s hard as leaders to discern where you need to invest your time, money, and other resources to build a better team. I want to share WHY focusing on workplace culture is a great investment.
Improves Results
Higher levels of employee engagement increase sales by 37%, productivity by 31%, and accuracy on tasks by 19% according to the Harvard Business Review. Having a strong company culture improves your bottom line, which is worth EVERY penny invested.
Competitive Advantage
Companies that committed to conscious capitalism (putting people first) outperformed the S&P 500 index by a factor of 10.5x. What’s more, happy employees provide better customer service—which sets your company apart from your competitors.
Increases Trust
When leaders care about their team members, it helps improve the trust that employees feel towards their leaders. A healthy and successful workplace culture is full of leaders who feel valued and inspired.
Best Place To Work
We help organizations focus on intentionality and clarity around culture in order to inspire excellence. These factors improve the level of employee engagement and promote better business results, making your company a great place to work.
Saves Money
Having an excellent workplace culture helps attract the best talent in your industry and retains your best employees. Turnover at an organization with high company culture is a mere 14%, whereas the probability of job turnover in low company cultures in 48%.