When analyzing new job opportunities, we all have our own criteria of what constitutes a good fit — competitive compensation, must-have employee benefits, elements related to work-life balance and more.
One aspect many consider when contemplating a new position is less tangible: workplace culture. In fact, a recent survey found that more than one-third of workers would pass on the perfect job if the culture wasn’t a good match for them. Similarly, over 90 percent of managers said a candidate’s fit with the organization is equal to or more important than their skills and experience.
So, what exactly is workplace culture? Why is it so important? We consulted a panel of management experts to find out more about creating a positive work culture. See if their insight can help you learn how to set your organization apart.
So, what happens when employees feel good about the work they do? A recent study found that when people feel connected to purpose at work, both their performance and their commitment to their employer increase. In fact, purpose-driven employees are more likely to experience the following:
- Assume leadership roles
- Feel satisfied at work
- Stay with their current employer for longer
- Pursue professional growth opportunities
The impact company culture has on an organization’s bottom line goes even further. Evidence suggests that over-stressed, disengaged workers are more likely to get sick. In fact, health care expenditures at high-pressure companies are nearly 50 percent higher than those at other organizations.
It’s clear that creating a positive work culture is important. What may seem less evident is when an organization should begin working toward that goal. Some companies make the mistake of thinking it’s too soon or they are too small to think about the employee experience. The reality is that culture-building starts from day one, and each new employee either enhances or detracts from that.