Company Culture: Love Where You Work
Company culture is one of the biggest reasons why newcomers join a particular company. Aside from the other benefits that the employers offer, the culture makes an employee stay longer.
High Turnover Rates
However, today’s employees tend to quit and move to another company because they don’t fit in with the previous culture. If it happens continuously with other workers, it results in a high turnover rate.
So, what causes a high employee turnover rate aside from the stressful workload? Here are the following reasons:
1. Lack of Feedback and Recognition
Recognition is a crucial part of the employees’ morale. When one gets an appreciation, it will motivate them to get better at work. It’s like having your work known by the employers. Not only that, but feedback is also vital for the employees’ growth.
2. Low Opportunity for Decision Making
Although it’s not all employees’ capacity, having their voice heard is a significant step in enhancing culture. Sometimes they need to voice out their opinion over the work-related matter. If it’s this case, employers must provide a platform to connect both parties.
3. Lack of Career Growth
Career growth is a massive issue within some companies. Most of the time, newcomers don’t mind this particular matter seriously until one day they find out there’s no further step on their career. Hence, most employees will opt to find another company that provides a better career path.
4. Poor Management
Probably one of the most common internal issues within every company, poor management is genuinely destructive. Not only does it serve employees’ worse experience, but it also represents the whole company’s branding when one decides to spill out the matter outside.
What’s Considered a Good Company Culture?
Although many reasons could cause the employees’ resignation, a company needs to prevent the high turnover by providing such a friendly culture.
These are how an enhancing-cultured company looks like:
1. Transparency
2. Have Clear Mission and Values
3. High Ownership
4. Approachable and Active Employers
6. A Unique Culture
To understand how a company culture should be, let’s take a look at the infographic below. We also provide you with some examples of what a thriving company culture looks like.
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