The statistics are grim when it comes to company culture and employee engagement at companies. Studies show that employees are increasingly focused on the culture of companies and that money alone is not enough to allure them.
The implications for companies with problems like these are huge. Everything from recruiting, to production, to the quality of work is affected by poor company culture. Furthermore, as younger people are entering the workforce it's evident they are looking for more than money as compensation. They are demanding to work at companies with positive and dynamic cultures.
Your Employees Today
In the "old days", managers and owners believed that paying people more money was enough of an incentive to keep them at a company. However, millennials, who make up the majority of today's emerging workforce, have expectations beyond money.
Glassdoor surveyed millennial employees, and the results were striking.
What You Can Do To Improve Things At Your Company
Offering more money isn't going to win people to your company. They want to work in a community. So, here are a few simple steps you can take to begin rebooting your company culture.
If you are considering a change in your benefits or would like to learn how we can help your company growth, contact us for a free consultation.