“Last year Merriam Webster’s dictionary stated that ”culture” was the most popular word of the year. Well, it has now become one of the most important words in corporate board rooms, and for good reason. We have a retention crisis.”
“Workplace culture” has certainly become a catchphrase within the last few years. As the economy improves and job seekers have access to more opportunities, some will be a bit pickier about “culture” than they have been in the recent past. Any why not?
Contrary to popular belief, younger generations don’t feel entitled to a “Google-esque” office with free food, massages and on-site physicians. Speaking for myself, I am just happy to go to work each day in a setting that values and empowers people. As this article from Forbes talks about, workplace culture is not all about the benefits, perks and freebies. You can feel a company’s culture when you walk through the door, and 95% of your prospective employees value culture over compensation. Wow!
Click the link above to read more about why a positive workplace culture is your number one tool for employee retention.