16 May How to Create a Positive Company Culture with 5 Tips
Ranked a Best and Brightest Company two years in a row and recognized for being a Great Place to Work by Great Rated!, Madrivo is committed to bettering the lives of employees, both personally and professionally through its investment in company culture. Company-wide initiatives have helped to improve the culture over the past few years and retain great talent, one of Madrivo’s top priorities.
Each company has its own unique culture, mission and vision. The focus for many companies is primarily on the product or service they provide, but let’s not forget that a company could not run without its employees. Job satisfaction plays a big role in the productivity, health and well being of an employee. A study performed at the University of Warwick found that a 12% spike in productivity was a result of happy employees. Creating a positive company culture can lead to high job satisfaction and in turn positively affect job performance.
There are many ways to create a positive company culture. Here are our top 5:
1.Hire people who fit the culture
You can’t fit a triangle into a circle. The same goes for hiring employees who do not fit the core values of the company. Hiring a person who fits the job requirements and hoping they will adopt and mold to the culture may cost you time and hurt morale in the long run. Hire on both job fit and cultural fit and you’ll find your new hires are happier in their new role, feel invested in the company and show remarkable job performance. Additionally, they’re far more likely to bond with their colleagues and have a positive influence if they feel a sense of camaraderie and belonging.
2.Make it meaningful
People need to feel a sense of purpose at work and know that what they do on a daily basis has some meaning. It’s one thing to give out tasks, but another to explain why the task is important to the company and how one’s individual role is making an impact on the company as a whole. Employees will feel invested in the future of the company.
You can have fun at work? You most certainly can and should! It boosts moral, reduces stress and is a great way for employees to see the more personal side of their fellow co-workers, a side they may not see that often. Having fun doesn’t have to take up a lot of time or money. For example, have a friendly competition with prizes, celebrate individual and company wins, or plan a catered lunch for the entire company.
4.Lead by example
Employees frequently look for guidance from senior management to help them get their work done, but the same is true for how to build a positive culture. The culture should be shaped by the leaders of the company and then be adopted by all other employees. Employees need to see others living the culture and values of the company. When you put them in action and everyone makes an effort to live them, you will see your employees thrive.
5.Open communication & transparency
In any relationship, communication is essential and the same goes for the workplace. Open communication and transparency aids in the company’s ability to be productive and increase employee satisfaction. When employees trust leadership and their peers; hard work, a positive outlook, and inspiration will follow suit. This can be done by encouraging open and clear communication through a town hall style meeting or even through an online forum for employees to ask any questions of leadership.
Creating and sustaining a positive culture will keep your business healthy and prosperous. Madrivo’s culture is constantly evolving so we’re always looking for new ways to improve. What is your company doing to create a company culture that produces positivity and happy, engaged employees?