Signs of good company culture

11 Signs of a Good Company Culture

Managers are increasingly opting for a leadership style that empowers employees. Rather than just delegating tasks, they encourage their teams to be more independent in the workplace. “We weren’t just more productive and happier, we were also making an actual, tangible difference through inclusion,” said Lakshi Devan in her recent article about wellness at work. The post-pandemic world has changed the way employees look at organizations. While employees stayed loyal to their organizations despite pay cuts during the first wave, organizations across the country focused on building a strong company culture to retain the best talent.  

One of the common myths associated with company culture in the post-pandemic world is that perks and monetary compensation are the only pivotal points to gathering a pool of great talent. Employees today have challenged the beliefs of organizations, forcing them to adopt a company culture that is not just diverse and monetarily rewarding. But also safe, inclusive and enriching in terms of new experiences driven by flexible work policies, more ownership and less micro-managing, work-life balance and a sound structure that facilitates their holistic growth in all ways possible.

How Do You Create a Self-Sustaining Company Culture?

Small enterprises, startups and SMEs also desire the need to build a brand of culture and attempt to expand wellness at the workplace. A self-sustaining work culture can be fostered by implementing a tool that facilitates employee collaboration, equal health and wellness benefits for all and a mechanism to create a system that allows every employee to be able to independently track, analyze and improve their own well-being through company initiatives. 

A report by Deloitte recorded that only 51% of employees claim their social well-being is “great” This could be an eye-opener for all businesses to look out for their employee’s social and mental well-being

Deloitte report on employee wellbeing
Image Reference: https://www2.deloitte.com/

 

A gratifying and enviable work environment is one where the leaders lead by example and not just through the communication of core values. 

Are your leaders in the organization taking the right steps to display and foster a sense of good well-being at work?  

Let us understand how you can ensure the same.

Build a Strong Culture by Inclusion of Culture Element

The term corporate culture can be simply explained as the collective efforts of all members to bring about a positive change in the workplace by implementing the best practices that bring about overall harmony, health, and happiness at work. Employees working remotely or hybrid must feel a part of a company that is looking out for their wellness and sanity. A great way to nurture and cultivate such an atmosphere could be by including an element of culture in everything.  

For example, you can promote proactive and preventive healthcare at work by ensuring every leader in your organization encourages the team to take-offs during burnout, are regularly tracking their fitness, are consciously participating in wellness programs, and attending relevant webinars to enhance and be aware of their well-being at work. 

Happy employees experience
Image Reference: https://www.corporateculturepros.com/

 

In a report by McKinsey, it was found that women are twice as likely to spend time on building a culture of diversity, equity and inclusivity at work than men. This could be a strong reason for SMEs and enterprises to support the inclusion of cultural elements by noticing and rewarding employees that engage in resource groups, wellness programs and the like.

Having discussed the relevance of having a positive and gratifying work culture, let us understand the various signs that can help you indicate if your organization is displaying positive signs of good company culture. 

What are Some Signs of a Great Company Culture? 

The Gen Z and Millennial Workforce are the Changemakers:

If the majority of Gen Z and Millennial employees in your organization are paving the way for bringing about a change in the culture, then your organization is headed the right way. A wonderful way to check this could be by observing if there is the transparency of thoughts among teams, a team culture where members can voice their opinions freely irrespective of the hierarchy and they work towards becoming health-savvy and encourage others at work to do the same. 

The reward for Culture Building Initiatives:

Not necessarily will all the young executives take an active part in the wellness programs and well-being at work initiatives at the office. Sometimes, the team leaders and the board will have to step in to take a stand for the team and enforce active participation upon all by proudly engaging themselves in the same, at first. Make sure the HRs and top management reward the trailblazers who participate in wellness initiatives and awareness programs for the healthcare and well-being of your employees. A reward need not always be monetary. Sometimes a certificate of appreciation or even an additional purchase of a healthcare benefit upgrade for a member or their family can suffice the work of a pat on the back.

brian kristofek quote
Image Reference: https://www.spectrio.com/

Give Useful Benefits to Employees: 

Your employees’ wellness is your absolute wealth. It is essential to foster a sense of belongingness at work by creating useful employee benefits that they appreciate. Members are no longer looking for fringe benefits. Allowing your employees to bring their family members to work, parents who can bring their children to work are likely to be happier. Other benefits could include coverage for parents’ health, fitness tracking and healthcare plans for spouse and siblings can help make your employees believe they are not just resources but belong to a family at work that looks out for them.

Normalize Not Knowing Everything: 

Normalize not knowing everything, as a culture in your office. Sometimes the experienced employees or the newcomers may not be fully aware of how to best utilize the healthcare and wellness offerings by your organization. Normalize conducting webinars frequently for those who might want aid in understanding their wellness benefits from time to time. Let every employee be aware and fully capable of utilizing their benefits without having to approach HR or another colleague for assistance. This also increases awareness among the teams and creates a culture where every employee is more responsible towards their own well-being at work. 

Leverage Health-Tech to Foster Positive Well-Being:

Infographics of good company culture

The Gen Z executives at work are tech-savvy enough to help their teams and other colleagues get accustomed to using employer-provided benefits programs digitally. Enrolling timely on wellness webinars, orientations and training on redemption of healthcare benefits, and taking part in all company activities that promote the creation of a safe workplace is a must. Show your employees that you care for them, by enabling accessible and affordable healthcare for all workers. The benefit of having a technology-driven corporate wellness program is to ensure every worker, whether a full-time employee or a temporary contractual resource-feels valued.

Affordable benefits vs Affordable Healthcare

There is a thin line of difference between being healthy at work and living a healthy work life. Employees today think beyond in-house medical help, first aid and infirmary care. A term life insurance plan and accidental coverage are some insurance benefits that an employee seeks from an employer as a basic perk, whether it be an MNC or a small startup enterprise. If you are a small enterprise, you must consider providing affordable healthcare for your employees at work. Provide a holistic wellness plan that covers your employees and their family’s healthcare needs, with the right health-tech solution. 

Fatigue is a Solvable Challenge

One out of three employees today are fatigued and tired at work and suffer from poor mental health, as observed in a report by Deloitte Insights. It is important to note that employers play a huge role in making the environment at work friendly and caring for their employees. Managers must be given the power to hold meetings within teams to discuss openly their mental health needs and seek if need be, necessary help from the employer-provided health-tech solution. Fitness tracking indicating poor sleep and irregular pulse levels could also be signs of fatigue and exhaustion. Change the way your team sees your workplace and talk to your employer today. 

Reduce Attrition by Focusing on Social Well-Being 

Social well-being must never be a no-show at organizations. Social well-being does not involve the quality of teams and the sound peer culture only, but also the amount of effort every employee puts at work to show up for their teammates when they struggle to achieve targets, finish tasks or even fail to come to work on time. A great peer culture around this can be built by initiating group outings, asking the employer to arrange for webinars that enlighten employees on creating a good social environment and team outings after a team wins an assigned budget for achieving office targets. This not only improves social well-being but also reduces attrition and employees remain loyal to an organization where their well-being needs are met. 

Create a culture of Gender Inclusivity

The goal of an organization is not just business revenue, but also to build a habitable work culture. Women in India have been heavily impacted after the covid-19, fighting for pay, equity and opportunity at work. A report on Livemint suggested, that 85% of women in India have been missing out on a raise or a promotion because of the gender bias meted out to them at work. It is important for organizations to realize that a workforce that supports all genders and encourages all to receive an opportunity to grow in the organization, creates a culture of gender inclusivity. Moreover, this helps both men and women employees to come at par when it comes to wellness and work opportunities offered. 

Make your Employees Win Every day 

There are so many types of organizations today in the unorganized sector. Startups and small enterprises like home-run agencies, and cryptocurrency companies are struggling hard to provide benefits and perks to their members. Where retention of clients and the product is at the ideation stage, it is nearly impossible to retain talent within your company. A way in which you can make your employees win every day despite work challenges is by showing them you care! Providing Group Health Insurance to an intern as well as a manager can make a huge difference in showing that your company is striving to succeed and yet is looking out for the best interest of its members. 

Culture breeds Culture: 

It is very truly said that the affinity of an employee towards the employer increases with the amount of care, compassion and workforce culture that the organization displays. You could create all perks, healthcare benefits programs and flexible work policies for your team. But to maintain an existing and growing culture is what you must focus on. You need to have the idea that culture breeds culture. As leaders of the organization, one must ensure how every growing positive seed of culture breeds the fruits of the hard work put in by organizational efforts to foster a sense of belongingness for all. Simply put, you encourage the good signs and reduce the detractors on the path of building a good company culture.
 

To sum it all up, even if there were a recipe to follow for building a great company culture, there is no one way to achieve the same. Everywhere, the problem statement remains the same, “how do we align customer experience with employee experience?” We live in a world where even today the vocal challengers are the first to be shown the door at an organization. A popular Arabian proverb says, “he who has health has hope, and he who has hope has everything.” Creating an environment that supports the wellness, health and social belongingness of your employees, itself is the first step to breeding a great company culture.

The rest? You will figure out your way when you begin by taking the first step towards identifying and proactively supporting the members who are already adding value to your company’s cultural success!