94% of executives and 88% of employees believe a distinct workplace culture is important to business success - Source: Deloitte
It comes as no surprise that employees are looking to work for companies that have a good workplace culture. But what do employees exactly expect when they say "good workplace culture?". There are four expectations on work culture that today cannot be avoided by organizations. Let's have a look at some statistics to understand what it is that matters the most to employees while speaking of workplace culture.
"Clients do not come first. Employees come first. If you take care of your employees, they will take care of the clients." - Richard Branson
Expectation #1 - A Good Manager
Employees often directly report to the manager about their work progress and in case there has been some delay. The manager plays an important role in cultivating a good company culture because he/she is the one who creates certain practices within the team to ensure things are done smoothly. It is the manager who empowers the team members to perform their best and provides resources to do so.
A good manager can help to increase productivity by setting clear goals, providing feedback and support, and ensuring that employees have the resources they need to do their jobs effectively. They can also create a positive work environment where employees feel valued, supported, and recognized for their contributions.
One survey conducted by TINYpulse found that workers who give their managers a low rating, are FOUR times more likely to look for other jobs.
It is crucial for organizations to invest in developing their managers and ensure they have the skills necessary to positively influence their employees. Ultimately, the relationship between managers and employees is critical to the success of an organization, and it is essential for managers to strive to have a positive impact on their employees.
Expectation #2 - Purpose at Work
32% of the employees are willing to take a 10% pay cut if they are offered a job they are passionate about. Source - Jobvite
These days employees do not just come to the workplace to get things done, they seek to contribute their skills and knowledge for a bigger purpose. They need to understand how their work has a positive impact on others and makes a difference in other people's lives.
Employees also want to feel that their work is challenging and allows them to develop their skills and knowledge. Employees are more likely to find meaning in their work when they feel that their opinions and contributions are valued.
"My job as a leader is to make sure everybody in the company has great opportunities, and that they feel they’re having a meaningful impact and are contributing to the good of society." – Larry Page
Expectation #3 - Flexible Work Options
Many employees are constantly juggling between work priorities and personal commitments. Flexible work arrangements, such as telecommuting or flexible schedules, can help employees balance their work and personal lives. It can lead to increased productivity, as employees may be able to work more efficiently when they have greater control over their work schedule and environment.
76% of respondents also said they would be more loyal to their employers if they had flexible work options. - Source: Flexjobs
There are many reasons why work from home options or flexible work options are becoming more popular among job seekers. There are many challenges which are resolved by providing the option of flexible work. For example - commuting to and from work can be stressful and time-consuming. Employees may want flexibility at work to avoid rush hour traffic or reduce commuting time.
Some employees may need flexibility at work to manage health or wellness issues. For example, an employee may need to attend doctor's appointments or therapy sessions during the workday. Employees may have certain personal obligations, such as caring for children or elderly relatives, that require flexibility at work. Flexible work arrangements can allow employees to meet these obligations while still being productive at work.
Expectation #4 -Learning and Development Opportunities
42% of millennials stated that L&D is the most important factor they consider while deciding where to work. - Source: Udemy
In today's rapidly changing business environment, learning and development opportunities help employees stay up-to-date with the latest trends, technologies and human skills, allowing organizations to remain competitive.
Learning something new provides intellectual challenges for employees and opportunities for growth. It also results in career advancement opportunities. L&D opportunities can provide employees with the tools they need to take on new roles and responsibilities within the organization.
Employees who have access to L&D opportunities are often more satisfied with their jobs because they feel valued and supported by their organisation. Training and support provided by management helps employees improve their job performance and be more effective in their roles.
To conclude employees need a positive and supportive company culture that provides a sense of purpose and meaning, offers flexibility, and prioritizes learning and development opportunities. Employees seek out companies that have a strong culture that aligns with their values and provides a sense of belonging.
Discover today how you can re-shape and accelerate a human-centric and performant work culture
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