Alltech IT Solutions Blog

Company Culture Goes a Long Way

Company Culture Goes a Long Way

When you consider your business’ strengths, you might feel the need to focus on quantifiable aspects that can be defined with numbers. There are some competitive advantages to this, but it’s especially important to keep in mind that perhaps the most important quantifiable strength you have is your ability to sustain a positive company culture.

In many cases, your company’s culture defines your company. When someone comes into contact with your business, they’ll typically know immediate whether it’s good or bad. Therefore, since that influence will ultimately affect the bottom line, you should consider investing in creating an engaging and inclusive company culture.

Draw in Talent

Your clients will typically appreciate working with a business that values its employees and nurtures their talents rather than one that is notorious for employee turnover, but ultimately, if a business is effective at delivering products and services of value, it doesn't matter much to outside businesses. Even so, it makes a lot of sense to invest in your employees and provide them with enough direction to effectively complete their duties. By fostering a more positive culture within your workplace, however, it will attract a wide pool of talent, giving your business access to the most talented candidates.

Retain Talent and Reduce Turnover

You can attract as much talent as you want, but it means nothing if you can’t retain it. Therefore, you should strive to maintain a gold standard for employee satisfaction. After all, a sudden loss of an employee for a variety of reasons can lead to dropped processes, missed opportunities, and costs associated with the hiring process. Remember that onboarding a new employee will always cost more than retaining a current one.

If your employees are happy with your organization and not motivated to leave, then you don’t need to suffer from these impacts. A positive company culture can be incredibly effective in this regard. Research conducted by Gallup found that only 37 percent of employees engaged in their work were actively seeking new employment opportunities, compared to 73 percent of those who are disengaged with their work.

Similarly, Columbia University found that organizations with a strong company culture experienced turnover rates as low as 13.9 percent. Compared to the 48.4 percent turnover rates of businesses with poor company culture, it’s not hard to see the benefits this.

Boost Productivity

The right company culture can make your employees happy, and, what do you know, happy employees are more likely to be productive, which will ultimately result in happier clients and increased motivation to do their jobs well. The same Gallup research found that engaged employees saw productivity boosts of up to 21 percent, with another study by IBM-owned Kenexa finding that organizations with an engaged workforce brought in twice the income that an organization without these kinds of engagement levels.

Reduce Employee Burnout

Employees can suffer from burnout for several reasons, but a negative company culture can be a root cause. While it might be tempting to push the blame on the employee for this, your business is the one that has to suffer the consequences. Employee burnout is a contributing factor to a 49 percent increase in workplace accidents, as well as a 60 percent increase in errors. Overall, stressed out or overworked employees are a liability to your business, so take some time to decrease this stress so they can be better assets for your company’s future.

Improved Attendance

Your employees aren’t going to be very good ones if they never make it to the office, and according to a Harvard Business Review study, an increase of about 37 percent was reported among disengaged employees. This is naturally a serious issue, as employees that aren’t getting work done due to not being in the office can contribute to your organization’s suffering, and even morale could take a hit. A more positive company culture can encourage users to make it to work, leading to more productivity as a whole.

It’s clear that company culture can play a significant part in the success (or failure) of your organization, so don’t take any chances with it. Alltech IT Solutions can equip your business with several technology solutions that make life easier and more efficient for your employees. To learn more, reach out to us at 954-628-3770.

Ransomware Can Just Be Devastating
Looking for Value? Look No Further


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Saturday, August 24 2019

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Online Shopping Plug-In Save Money instant Messaging Value Router Conferencing Tablet Hacker Remote Monitoring Small Business How To Best Practices Television Unified Threat Management Managed Service Provider Storage Marketing Hosted Solution Tech Terms WannaCry Office 365 Patch Management Millennials Laptop Yahoo Data Backup Analytics Avoiding Downtime Vulnerability User Security Threat Telecommuting BDR Autocorrect Mobile Security Collaboration Word Windows Server 2008 R2 CrashOverride Google Maps Miscellaneous Business Technology Applications Employer-Employee Relationship Twitter Botnet Smart Technology Entertainment Batteries Live Streaming Employee-Employer Relationship Saving Money Lead Generation Computers Automation Cybercrime Hosted Solutions BYOD VPN Gadgets Windows 10 Customer Service Users Tech Term Managed IT Holiday Travel Proactive IT Staff IT Services Net Neutrality User Tip Samsung Network Alerts Internet eWaste Windows 7 Apple Benchmarks Alert Connectivity WhatsApp Licensing Document Management HIPAA Disaster Recovery IT budget Hard Drives Human Resources Touchscreen Gmail Solid State Drive Thank You Voice over Internet Protocol Outsourced IT Paperless Office Data Breach Retail Microsoft Office Government Access Office Telephone Systems VoIp Environment Business Continuity HP Access Control Congratulations Training Dongle Facebook Internet of Things Bring Your Own Device Scam Analysis Technology Tips Innovation Health Hard Drive Smartphone Employer Employee Relationship Backup and Disaster Recovery Hardware Company Culture Windows XP Workplace Tips Streaming Media Gadget IT Support Payment Operating System Information Mobility Electronic Health Records Remote Computing App Dark Data Files PowerPoint Freedom of Information Tech Support Video Games Antivirus Spotify Google Drive Printers Productivity Website Sales Shortcut Inventory Recycling Microsoft Office 365 Authentication Tip of the week Machine Learning eCommerce Cloud Computing Digital Two-factor Authentication Amazon Physical Security Office Tips Help Desk Law Enforcement Managed Service Windows 10 Remote Support IaaS Computer Care Cabling Wearables Personal Information Big Data Social Media RAM Outlook Risk Management Employees Telephone System Managed IT Services Hybrid Cloud Privacy Microsoft Teams Remote Monitoring and Management Malware National Security Wireless Charging Passwords Microsoft Comparison Search Email Management Reporting Regulation Hard Disk Drive Movies Phishing Settings Cloud Specifications Quick Tips Phone System Scheduling Technology Voice over IP Error Money Troubleshooting News Spyware Productivity The Internet of Things Hiring/Firing Business Intelligence Mobile Devices Taskbar Financial Data Security Workers Artificial Intelligence Excel Processor Hackers Profitability SSD Maintenance Paste iPhone Data loss Mobile Device Networking Work/Life Balance Tactics Encryption Edge Authorization Apps Ink Windows Eliminating Downtime Server Recovery Virus e-waste DDoS Google G Suite Cybersecurity Chrome User Tips Password Websites Software Sports Spam E-Commerce Budget Certification Cryptocurrency Virtualization Printer Biometrics IT Support Vulnerabilities Server Management Smartphones Paper OneNote Business Management Compliance Managing Stress Remote Control Wi-Fi Network Attached Storage Android Security Computer Printing IT Management Politics Processors Instagram Printer Server Update Gaming Console Data Medical IT Database Data Management Blockchain Upgrade WiFi Efficiency Telecommute Business Computing Email Communication Unified Communications Worker Time Management Webcam Scalability disposal GDPR Cleaning Chrome OS Backup Vendor Management Network Security Knowledge SaaS Bandwidth Downloads Leadership Content Filtering Telephony Business HaaS Ransomware VoIP Emoji Updates Wireless Internet Information Technology Security Cameras File Sharing Battery Cortana Communications Copy Hacking Staffing Credit Cards Current Events Video Mobile Device Management Going Green Spam Blocking Tip of the Week Safety Internet Explorer Wireless Trends A.I. Browser Synergy Dark Web Data Protection Education Automobile Display Multi-Factor Security Managed IT Service Emergency Cost Management Managed IT Services Virtual Assistant Cables Healthcare Data Recovery