Company culture has everything to do with how employees, prospective employees, customers and the public perceive your organization. Company culture is powerful:
Infographic is at the bottom of the post. An often-cited example of good company culture is Google. Google gives back to the community as well as to countries around the world in the form of financial aid, restoring public parks, and Googlers volunteering their time.
Save it to read later or email to coworkers. Get the free bonus here. A Columbia University study shows that the likelihood of job turnover at an organization with high company culture is a mere The reason for this is simple: They stay longer, work harder, work more creatively, and find ways to go the extra mile.
They bring you more great employees. And that spreads even more happiness — happiness for employees, for customers, and for shareholders.
So it literally pays to make sure your employees are happy. Statistics from New Century Financial Corporation indicate that employees who are actively engaged in their job, i. For instance, account executives at a banking company who were actively disengaged produced 28 percent less revenue than those who were engaged.
On the other hand, companies with happy employees outperform the competition by 20 percentearn 1. Happy workers are also more likely to solve difficult problems faster. The New Workplace Loyaltyan employee who is engaged actually cares about the company beyond his paycheck or the quality of coffee in the break room.
These are the workers who are willing to make the extra effort, with or without being asked, to ensure that the job is done to perfection and, directly or indirectly, that the business succeeds. Another way of saying this is that million employees are not engaged and million are actively disengaged around the world.
More importantly, this means that the overwhelming majority of people working for you lack motivation and enthusiasm and are not performing at their full potential.
This makes a fertile environment for negativity, and just as happiness is infectious have you ever been able to suppress laughter when someone around you is in stitches? Employee engagement goes beyond making your staff happy; it separates the great companies from the average ones.
In fact, low-level engagement within companies results in a 33 percent decrease in operating income and an 11 percent decrease in earnings growth, whereas companies with high-level engagement have a 19 percent increase in operating income and a 28 percent increase in earnings growth.
Your business can stand out from the crowd by making using of your greatest asset:Culture and Motivation According to Robbins, DeCenzo, and Coulter () “motivation is the process by which a person’s efforts are energized, directed, and sustained toward attaining a goal” (p.
). How leaders can impact employee’s motivation using the 4-Drive Theory The 4-Drive Theory of Employee Motivation states that there are four main drives that motivate employees, these are the drives to: Acquire & Achiev e, to Bond & Be long, to be Challenged & Comprehend, and to .
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KEYWORDS: Organizational Culture, Bureaucratic, Supportive, Employee Motivation. INTRODUCTION Organizational culture is very important in determining the success of the organization. Organizational culture provides a framework with respect to the behavior of employees in their workplace.
Depending on the type of culture that is created in an organization, it can have a positive or negative effect on employee performance. Employee Motivation. The article, "A Theory of Human Motivation " by Dr. Abraham Maslow opened the way for modern employee retention strategy by postulating that humans are motivated by.