What Does Office Environment Mean to You?

How does a great work environment ensure valued employees for the long run and greater success?

Here are a few helpful articles:

Companies sink or swim based on their internal culture. One bad hire can have a huge effect on morale, productivity, and ultimately, the bottom line.
Leaders should hire people who see the much bigger picture, and can truly help a company thrive by aligning their career goals with a company’s values and mission.

Common features of successful workplace cultures include open lines of communication, a clear organizational mission, careful hiring, work-life flexibility and competitive pay and benefits. And not to forget, fun.

Companies with engaged employees outperform those without by up to 202%
64% of all employees do not feel they have a strong work culture
49% of all employees are not satisfied with their direct supervisor
More than 1 in 4 employees do not have the tools to be successful in their jobs
87% of the global workforce is disengaged
Only 21% of employees feel strongly valued at work
Peers and camaraderie are the #1 reason employees go the extra mile – not money
Companies with engaged employees vs competitors with low engagement levels enjoy 2.5x more revenue growth
Highly engaged employees are 87% less likely to leave the company they work for than their counterparts
$11 billion is lost annually due to employee turnover
75% of people voluntarily leaving jobs don’t quit their jobs; they quit their bosses
Companies who implement regular employee feedback have turnover rates that are 14.9% lower than for employees who receive no feedback
90% of leaders think an engagement strategy has an impact on business success but less than 25% of them have a strategy
Unhappy employees take fifteen more sick days each year than the average worker
Happy workers are 12% more productive than the average worker and unhappy workers are 10% less productive
Job turnover at an organization with a high focus on company culture is 13%, but 48% in companies with a low focus
Increasing employee engagement investments by 10% can increase profits by $2,400 per employee, per year

A Columbia University study shows that the likelihood of job turnover at an organization with high company culture is a mere 13.9 percent, whereas the probability of job turnover in low company cultures is 48.4 percent.